GERMANY - CBR acquires Alvo Metalltechnik out of insolvency

Following the transaction, Alvo will be integrated into Bader Group, a portfolio company of EquiVest II since 2008. The transaction will strengthen the market position of Bader by extending its product range to larger machine covers. Bader is actively looking for further add-on acquisitions in addition to organic growth activities.

The newly combined entity now has locations in Senden, Babenhausen, Schorndorf, Wachau, and Pécs in Hungary. Combined, it has a turnover of EUR 65m and a staff of 480.

Alvo is a manufacturer of machine covers made from sheet metal. Main customer groups are the printing, solar and gear grinding machinery industries.

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• Topics
• Buyouts
• DACH