Network Corporate Finance advised RWE Solutions AG on the sale of their subsidiary company RWE Mechatronics GmbH to the German equity investment company VTC Partners GmbH.
Transaction
In a share deal, RWE Solutions AG sold its 100% subsidiary RWE Mechatronics GmbH, Mechernich, Germany, to VTC Partners GmbH, an independent equity investment company focusing on the acquisition and further development of fast-growing, medium-sized companies.
Target Company
RWE Mechatronics GmbH is a leading German engineering and production partner for OEM clients. The company develops customised equipment and systems based on sheet-metal, welded, glued and hydro-formed structures, that are produced and assembled using the latest automation and control technology in both small-scale and medium-scale batch production.
Key Facts
| Transaction value: | not disclosed |
| Sector: | Machine building |
| Sales: | EUR 66 million |
| Employees: | 541 |
| Date: | May 2005 |
Client
RWE Solutions AG is a part of the RWE Group, one of the leading power and water utilities in Europe and the USA.
The role of Network Corporate Finance
Network Corporate Finance was the exclusive advisor to the clients during the preparation and implementation of the selling process. After preparing the information memorandum, a management presentation and the time frame, in connection with a supervised auction Network Corporate Finance approached specific, potential strategic investors and financial investors, provided the due diligence to a limited number of interested parties, and finally, discussed the sale and purchase agreement.
