Hübner Schlösser & Cie advised GEA Group AG, Germany, in the sale of its large scale plant engineering operations: Lentjes GmbH, Germany, was sold to A-Tec Industries AG, Austria
Hübner Schlösser & Cie (www.hscie.com), one of the leading German corporate finance advisory firms in the field of medium-sized transactions, advised the vendor in the entire sales process, i.e. Hübner Schlösser & Cie approached interested parties worldwide, prepared the information memoranda and presentations, managed due diligence examinations with prospective buyers, organized the communication process and advised in the negotiations. This transaction, as many transactions in the plant engineering business, was highly complex due to the particularity of individual project risks as well as of underlying the financing and guarantee struc-tures.
Lentjes GmbH designs, supplies and engineers turnkey industrial plants, specializing in processes, technologies and components for the industrial use of energy from fossil fuels and regenerative power generation from biomass and waste products. The company gener-ated sales of EUR 466 m and EUR 266 m in 2005 and 2006, respectively.
A-TEC Industries AG is a Vienna-based international industrial group with successful operations in drive systems, plant engineering, machine tools and metallurgy. The Group currently employs around 11,000 people worldwide. The preliminary results for 2006 show revenues of EUR 1.6 bn. A-Tec Industries AG is listed at the Vienna stock exchange with a current market capitalization of EUR 1.1 bn.
GEA Group AG, headquartered in Bochum, Germany, is a global technology group focus-sing on specialty mechanical engineering businesses - especially process engineering and equipment - with operating companies in around 50 countries. GEA Group is one of the world's market and technology leaders in 90 percent of its businesses. In 2006, approximately 17,500 employees generated Group sales of more than EUR 4.3 bn. GEA Group is listed in the MDAX index at the German stock exchange with a current market capitalization of approximately EUR 4.2 bn.
The divestiture marks the completion of GEA’s strategy to exit from large scale plant engineering operations and to focus on its high growth and high margin engineering operations for the food, pharmaceutical and energy supply industries.
Hübner Schlösser & Cie (www.hscie.com), located in Grünwald near Munich, Germany, is an independent corporate fi-nance advisory firm, specialised in acquisitions and divestitures of medium-sized and large companies worldwide. In the last years the firm advised in more than 100 transactions with a total transaction value in excess of EUR 17 bn. Hübner Schlösser & Cie is one of the leading advisory firms for medium-sized transactions in Germany.
Hübner Schlösser & Cie
Head of PR
Phone: +49 (89) 998 997-0
Fax: +49 (89) 998 997-33
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hübner Schlösser & Cie advised GEA Group AG, Germany, in the sale of its large scale plant engineering operations: Lentjes GmbH, Germany, was sold to A-Tec Industries AG, Austria here
News-ID: 20241 • Views: 1394
More Releases from Hübner Schlösser & Cie
Hübner Schlösser & Cie advised Wellington fund and private shareholders in the …
As of March 31st, the shareholders of Truck24 AG, including a fund of Wellington Partners, sold 100% of the company to Cybit Holding Plc, a UK-based supplier of telematics solutions. Truck24 AG, based in Oberhaching near Munich, is a leading Central European telematics service provider (TSP), specialising in the HGV and logistics sectors across Germany, Switzerland and Austria. The company has more than 200 customers with 3,300 installed units. The Truck24
Hübner Schlösser & Cie advised in the sale of the Battery Products Business of …
Effective as of August 1, 2007, Toda Kogyo, Japan, has acquired the Battery Products Busi-ness of H.C. Starck, including its main production facilities located in Sarnia, Canada. The parties have agreed not to disclose the transaction value. With this acquisition Toda not only avails itself of the only industrial scale production facility for spherical Nickelhydroxide (SNH) in the western world but also secures its ability to supply next generation Li-Ion
2006 - was a very good year for Hübner Schlösser & Cie
In 2006 Hübner Schlösser & Cie (HSCie, hscie.com) successfully advised on eight transactions whereof one was not published at customers request. Five transactions were structured sales processes of mid-sized companies to financial and strategic investors. The remaining transactions dealt with corporate acquisition, capital raising, and corporate restructuring. HSCie claims to handle mid-sized transactions with highest professionalism and competence while providing their service cost efficiently. HSCie's track-record proves the team's profound experience
AUCTUS sells Time Partner Group, temporary employment company, to Investcorp - H …
Germany, Grünwald, July 27, 2006. Investcorp acquires a majority share of Time Partner Group, a temporary employment company based in Nuernberg, Germany. Investcorp, the internationally renowned private equity firm, has invested in transactions totalling more than $30 billion and is based in London, New York, Bahrain. Sellers are Auctus Management GmbH, Munich and the management of Time Partner Group. Auctus is an independent private equity firm for majority investments in profitable,
More Releases for Group
Global LF Refined Steel market 2017 - HBIS Group, NSSMC Group, POSCO, Shagang Gr …
Apex Market Reports, recently published a detailed market research study focused on the "LF Refined Steel Market" across the global, regional and country level. The report provides 360° analysis of "LF Refined Steel Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LF Refined Steel industry, and estimates the future trend of
Crowson Law Group
It is commonly said that there is no such thing as minor surgery. Whether it’s getting an appendix removed or having a hip replacement, all surgical procedures are serious; more so if an error occurs during such a surgery. However, is any surgical error considered to be medical malpractice? This article will determine when a surgical error can be said to have reached the level of medical malpractice. It must
Skye Dental Group
The Skye Dental Group has some of Glasgow’s most established, hygienic and professional practices under its umbrella. This includes The Glasgow Dentist, based in the Rutherglen area of Glasgow. The practice offers a range of private dental treatments such as teeth straightening systems, Damon Braces, Invisalign and Six Month Smiles, as well as dental implants for missing teeth and general dentistry and hygienist services. Damon Braces Damon Braces are a fixed brace teeth
Sharp World Group
Pour développer la fabrication il faut perfectionner son fonctionnement et intégrer de nouvelles méthodes modernes. A mesure que de nouvelles technologies apparaissent les entreprises сherchent à modifier l’équipement pour améliorer la qualité du produit. De tels changements influencent la fidélisation des clients ce qui assure les bénéfices et le profit de l’entreprise. Sharp World Group est une des sociétés leaders de production des systèmes de refroidissement et de congélation. Avec son
Dr. Batra's Group Profile
Dr. Batra's – the name that represents excellence and commitment to the health services sector – the pioneering force that aims at building values for patients, employees, partners and for the society, at large. The fundamental business strategy of Dr. Batra’s is to innovate, to excel at whatever is created and to build a brand that constantly strives for something still better! Transparency in business and abiding by their fundamental principles
DeltaQuest Group Launches MySecondPassport.com
My Second Passport.com predominantly aims to assist and support individuals and their families with attaining citizenship abroad and obtaining work visas where required. The site extends to provide individuals with country specific citizenship laws and immigration options including economic citizenship programs. The main services offered by DeltaQuest Group via http://www.mysecondpassport.com website portal include; country specific citizenship laws, permanent and temporary residency and work visas, information on required documentation