Information from Dennso AG: Wegener+Stapel Fördertechnik GmbH pursuing further growth - Internationalisation strategy

Hamburg / Bergen, 24.08.2016. Wegener + Stapel, a premium supplier of conveying and picking systems, has recorded a significant increase in orders in the first half of 2016 and achieved strong growth in sales. Manfred W. Schleicher took over the company with a long tradition only in October 2015 together with the private equity investor Dennso AG and his partners by way of a Management Buy In (MBI). Now, Wegener + Stapel intends to grow further by acquiring companies in the field of automation and control technology. Dennso is supporting the management in implementing the growth-oriented corporate strategy.

After a successful first half of 2016, both, Wegener + Stapel Fördertechnik GmbH and Dennso AG are looking for growth potentials in the field of technology companies that specialise in automation and control technology / software for conveying systems. By doing so, Wegener + Stapel wants to expand its technology portfolio and gain further access to international markets. At present, Wegener & Stapel and Dennso are considering further acquisitions in the automotive, production, distribution and logistics segments as well as complementary technologies.

The private equity experts of Dennso AG had taken over the company only in October 2015 together with Manfred W. Schleicher and other funding partners by way of a management buy-in, and are now advising the company in the Structured Buy & Build strategy. The collaboration with DHL in Saudi Arabia is proof that the strategy of internationalisation is already bearing fruit. Wegener + Stapel has assumed responsibility for delivery and assembly monitoring of a sophisticated package conveyor system for their new parcel distribution centre in Jedda. Thus, Wegener + Stapel is representing itself as a competent and capable partner for German companies wanting to install conveying systems abroad.

Also in Germany the company has recorded good orders from renowned customers such as the Volkswagen Group.

Manfred W. Schleicher, Managing Director of Wegener + Stapel Fördertechnik GmbH: "With Dennso AG as a strong partner, we were able to achieve our corporate goals in just a few months after the takeover. The Dennso experts have optimally supported us in matters of financing and growth strategy." Günther Hasselmann, Director of Dennso AG: "We are pleased that the investment is doing so well and the management buy-in has become a success story after such a brief period of time. The credit for this goes mainly to Mr. Schleicher and his comprehensive knowledge of the industry as well as his entrepreneurial spirit.

Dennso AG

As an independent private equity investor, Dennso AG specialises in medium and large financial investments and the structuring of growth-oriented corporate and acquisition funding. Dennso is not satisfied with standard models but develops exceptional investment strategies for companies, management and investors using its know-how, creativity and equity capital.

Dennso offers managers who want to become entrepreneurs, or management teams attractive options for Management Buy In (MBI) or Buyout (MBO). For private and institutional investors, Dennso offers highly profitable investments in interesting companies beyond the usual horizon of investment. Typical financing models for entrepreneurs prepared and executed by Dennso are, for example, recovering the majority for the founders and implementing growth strategies, corporate growth through acquisitions: Structured Buy & Build, recovery of capacity and succession planning for entrepreneurs.

The private equity company Dennso AG with headquarters in Hamburg was established in 2005 and has been managed since then by the directors Günther Hasselmann, Helmke Gerndt and Michael Zipser.

Wegener + Stapel Fördertechnik GmbH

Wegener + Stapel Fördertechnik GmbH, established in Bergen in 1967, is one of the pioneers in the use of specially developed aluminium profiles in conveying systems. The company designs and provides complete material flow solutions using conveying systems starting from drive systems up to system visualisation for the internal material flow and interlinking systems for automated production. The product and service portfolio ranges from analysis and consulting to system optimisation via project engineering and project-related implementation management up to the manufacture of components, including control systems – everything from a single source. The individually tailored design of all the conveying system and control components of the "W+S Toolbox" ensures optimum flexibility and cost-efficiency for the users.

wortratundtat
Melanie Steidle / Sven Goeddel
Kaiserhofstraße 16
60313 Frankfurt am Main
Germany
Tel.: +49 69 - 26 02 83 70
Mail: dennso@wortratundtat.de
www.wortratundtat.de

This release was published on openPR.