Network Corporate Finance advised ELBE Betreuungs- und Verwaltungs- GmbH on the placement of their shareholding in REpower Systems AG, Hamburg, Germany.
Transaction
ELBE Betreuungs- und Verwaltungs-GmbH sold its 14.5% shareholding (782,976 shares) in the listed company REpower Systems AG, Hamburg, Germany, to Martifer – Construções metalomecânis S.A., Oliveira de Frades, Portugal, in the course of an M&A transaction.
Target Company
REpower Systems AG is one of the world’s leading manufacturers of wind power generating plants, with 161 systems produced in 2004. With the REpower 5 M the company has developed the first 5 MW system, which is currently the most powerful machine in the world.
Key Facts
| Transaction value: | not disclosed |
| Sector: | Power plant construction |
| Sales: | EUR 320 Mio. |
| Employees: | 558 |
| Date: | April 2005 |
Client
ELBE Betreuungs- and Verwaltungs-GmbH is a private asset management company and is owned by the company founders of REpower Systems AG.
The role of Network Corporate Finance
Network Corporate Finance examined the various exit options for ELBE and advised the clients on the sale.
