NETWORK advises SHG Pur-Profile on sale to Waldegg Equity. The shareholders of SHG Pur-Profile GmbH ("SHG"), Eitorf, a leading developer and producer of warning and protection profiles, have sold a majority stake to Waldegg Equity, Munich. Network exclusively advised the shareholders of SHG on the transaction.
The investment company Waldegg Equity acquires a majority stake in SHG. The shares of the majority shareholder Rolf Oepen were sold as part of the succession plan. The managing director François Galpin remains involved and will continue to manage the company operationally in the future.
Founded in 1974, SHG has become the world market leader for warning and protective profiles made of polyurethane. The production process used by the company - the combination of polyurethane foam, film and adhesive - is unique worldwide. The warning and protective profiles are marketed globally under the "Knuffi" brand and are available in 22 geometries and any desired length and color. The products can be easily applied to corners, edges, surfaces or pipes, protecting machinery, employees and the interior from impact damage. Their areas of application are typically logistics properties and production facilities. In addition, more than 3,000 different items from the area of occupational safety are marketed worldwide via the company's subsidiary Securemen GmbH.
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