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M&A, sales and acquisition of companies, equity placements, investor processes

Reifenhäuser acquires Kiefel

We advised Reifenhäuser

HSCie Customer

Reifenhäuser Group, Troisdorf, Germany - Purchaser

The Reifenhäuser Group is a worldwide market leader in extrusion line manufacturing. In 2008, the company generated over 400 million euros in total turnover with its more than one thousand employees at three sites.

www.reifenhaeuser.com

Companies involved

Kiefel Extrusion GmbH, Worms, Germany - acquired company

Kiefel Extrusion GmbH together with its subsidiaries generated total sales of some € 40 million in 2008 with its approx. 200 employees. The company is among the world's leading providers of blown film extrusion lines and other machinery for the production and conversion of high-quality flexible films. Worldwide the products are used both in the consumer goods segment, for example in food packaging and also in industrial goods packaging.

www.kiefel-extrusion.com

Brückner Group, Siegsdorf, Germany - Seller

The Brückner Group achieved a consolidated turnover of € 415 million in 2008. Following the sale of Kiefel Extrusion GmbH in Worms, the Brückner Group has 1,050 employees in the following companies: Brückner Maschinenbau, a leading provider of film stretching lines and cast film machinery, Kiefel GmbH, Freilassing, producer of thermoforming and welding machines, active worldwide, and Brückner Servtec with its broad spectrum of service and upgrading products for plastics film producers.

www.brueckner.com

Transaction

With the acquisition of Kiefel Extrusion Reifenhäuser substantially increases its market share in the business of blown film extrusion lines and will realize substantial synergies in combining product programmes, technical competencies in the locations of Troisdorf and Worms, global distribution networks and administration.

Task

HSCie advised in the evaluation, due diligence, negotiation process and decisions on major terms and conditions.


Year:  2009

Transaction value:  Not published

Industry:  Industrial products

Business field:  Mergers & Acquisitions