Network Corporate Finance successfully advised the shareholder of Remy & Geiser GmbH on the sale of the company to the management team and funds managed by Aheim Capital.
 |
 |
Transaction
With effect from 1 January 2008, funds managed by Aheim Capital GmbH (previously Buchanan Capital Partners GmbH), Starnberg, together with an external Managing Director and the existing management team, acquired 100% of the shareholding of Remy & Geiser GmbH in the framework of a combined MBI/MBO.
Target company
Remy & Geiser GmbH, headquartered in Anhausen (Westerwald, Rhineland-Palatinate) and with additional facilities at Altenfeld and Hinternah (both Thuringia), has, for over a century, specialised in the development, production and sale of primary pharmaceutical packaging materials in plastic, glass tubing and elastomers. Remy & Geiser GmbH is a systems supplier and principally offers complete solutions to pharmaceutical and cosmetic companies. In fiscal year 2008 the company, with more than 250 employees, achieved a turnover of approximately EUR 18 million.
Key facts
Transaction value: not disclosed
Sector: Primary pharmaceutical packaging
Sales: EUR 18 million
Employees: 250
Date: December 2008
Client
The Managing Partner, Mrs Renate Geiser
The role of Network Corporate Finance
Network Corporate Finance advised the client and the company on the structure and execution of the sales process. Following the preparation of the transaction documents, Network Corporate Finance approached selected strategic investors and financial sponsors within the framework of a supervised auction, coordinated the due diligence conducted by a limited number of interested parties, negotiated the economic aspects of the sale and purchase agreement and secured compliance with the closing conditions.
Additional Info
- Client Remy & Geiser GmbH
- Project M&A
- Date Dec 08
Network Corporate Finance has advised the Schüler founder family on the sale of 100% of their shareholding in GALFA Industriegalvanik GmbH in Finsterwalde.
 |
 |
Transaction
Under the company succession, the Wolfgang Schüler family has sold 100% of its shareholding in GALFA Industriegalvanik GmbH in Finsterwalde. The sale was made to an acquiring company in which private investors have a 76% shareholding and the management of GALFA Industriegalvanik GmbH has a 24% interest. The acquiring company was advised by the Argos portfolio management company in Munich.
Target company
In 1992, GALFA Industriegalvanik was hived off from the electroplating division of the former "PGH Frieden" production cooperative. The company concentrates on the coating of small-scale and mass-produced metallic parts, principally for customers in the automotive industry, and has shown continuous growth in the last 15 years. GALFA is one of the most successful commission finishers in Germany.
Key facts
Transaction value: not disclosed
Sector: Metal industry
Sales: EUR 15.0 million (2007e)
Employees: 110
Date: December 2007
Client
The Wolfgang Schüler founder family, Finsterwalde
The role of Network Corporate Finance
Network Corporate Finance advised the customer and the company on the preparation and execution of the selling process. Following the preparation of the transaction documents, Network Corporate Finance, within the framework of a supervised auction, approached specific strategic investors and financial investors, provided the due diligence to a limited number of interested parties, discussed the economic key points of the sale and purchase agreement, and finally, ensured compliance with the closing conditions.
Additional Info
- Client Argos Beteiligungsverwaltung GmbH
- Project M&A
- Date Dez 07
Network Corporate Finance advised Branion e.G. on the sale of 100% of the shareholding in REISS Büromöbel GmbH in Bad Liebenwerda.
 |
 |
In line with its emphasis on core competences, Branion e.G., Overath, the largest purchasing and marketing conglomerate for office equipment in Europe, has fully disposed of its stake in REISS Büromöbel GmbH in Bad Liebenwerda. The sale was made to an acquiring company in which private investors have a 60% interest and the management of REISS Büromöbel GmbH has 40%.
Target company
REISS Büromöbel GmbH manufactures office furniture at its site in Bad Liebenwerda: writing desks and height-adjustable desks and stools in particular, as well as office containers and shelving systems. Here REISS has a tradition spanning more than 125 years and is one of the most innovative suppliers in the sector. REISS is therefore living up to its reputation, not least in finding its way into the German language with "REISS nail" and "REISS board".
Key facts
Transaction value: not disclosed
Sector: Furniture industry
Sales: EUR 20.0 million (2006e)
Employees: 120
Date: December 2006
Client
Branion e.G., Overath
The role of Network Corporate Finance
Within a tight time frame, Network Corporate Finance identified potential buyers who were prepared to guarantee the site and jobs in the long term. In addition, the transaction included the financial restructuring of REISS Büromöbel GmbH and the building of new banking relationships. Network Corporate Finance negotiated the economic key points of the acquisition with a group of buy-and-hold private investors, who besides participating in the provision of funding, also had a prominent role in the management of the company.
Additional Info
- Client Branion e.G
- Project M&A
- Date Dec 06
Network Corporate Finance advised InnoTec TSS AG, Düsseldorf, with regard to a new corporate financing structure involving the issuance of bearer debentures amounting to EUR 10 million..
 |
Network Corporate Finance advised InnoTec TSS AG, Düsseldorf, with regard to a new corporate financing structure involving the issuance of bearer debentures amounting to EUR 10 million.
 |
Transaction
As part of a long-term restructuring of the company financing, and under the Merrill Lynch PULS mid-cap programme, InnoTec TSS AG, Düsseldorf, has issued two bearer debentures, each valued at EUR 5 million. The debentures incorporated in a collaterised debt obligation (CDO) are structured as a senior bond and a subordinated bond, each with a maturity life of 7 years.
Issuer
The listed company InnoTec TSS AG is a company within the building supplies industry and via its subsidiaries is active in the door systems and special building system sectors. The company specialises in external door panels and form liners for exposed concrete surfaces and has a leading position in these niche markets.
Key facts
Transaction value: EUR 10 million
Sector: Building supplies industry
Sales: EUR 54.7 million
Employees: 441
Date: August 2005
Client
InnoTec TSS AG, Düsseldorf
The role of Network Corporate Finance
Network Corporate Finance advised the clients on the preparation and implementation of the restructuring of its corporate financing. After preparing a management presentation, a company presentation and discussing the intended financing concept with specific investors, Network Corporate Finance provided a due diligence to a limited number of interested parties and then discussed the economic key points of the financing. For InnoTec TSS AG the bearer debentures are a building block in the new financing structure.
Additional Info
- Client InnoTec TSS AG
- Project Structured Finance
- Date Aug 06