Heitkamp & Thumann Group Sells Westfalia Metal Hoses Group to Hamaton Automotive Technology

Hübner Schlösser & Cie Advised Heitkamp & Thumann Group

Westfalia Metal Hoses Group

Westfalia Metal Hoses Group, headquartered in Hilchenbach with production facilities in Germany, the Czech Republic, China, and the USA, is one of the world’s leading development partners and suppliers of flexible metal hoses, gas-tight decoupling elements, and complementary connection technologies. The patented products are primarily used in trucks, but also in buses, agricultural vehicles, and construction machinery. With approximately 500 employees worldwide, Westfalia Metal Hoses Group generates annual revenues of around EUR 70 million.

See also www.westfalia-mh.com

Hamaton Automotive Technology Company

Hamaton Automotive Technologies, a company listed on the Shenzhen Stock Exchange and headquartered in Hangzhou, China, is a leading manufacturer of tire valves and TPMS (Tire Pressure Monitoring Systems), supplying passenger car and truck manufacturers as well as the aftermarket worldwide.

See also www.hamaton.com

Heitkamp & Thumann Group

The Heitkamp & Thumann Group, headquartered in Düsseldorf with production facilities in numerous countries including the USA, China, and Singapore, is a leading global developer and supplier of high-quality precision-formed metal and plastic components for industries including consumer batteries, electric mobility, pharmaceuticals, and automotive applications.

See also www.ht-group.com

Transaction

Hübner Schlösser & Cie (HSCie) exclusively and comprehensively advised the Heitkamp & Thumann Group throughout the entire divestiture process. This included the research and approach of potential investors, including the identification of and generation of interest from the Chinese company Hamaton Automotive Technologies for the acquisition, the preparation and organization of the extensive due diligence process involving, at times, more than 50 advisors representing the buyer across the four different legal jurisdictions of the Westfalia Metal Hoses Group, process management and communication, as well as support and leadership in negotiations concerning the key agreements related to the transaction process and the final purchase agreements.

About HSCie

Hübner Schlösser & Cie is an internationally active independent corporate finance advisory firm headquartered in Munich. Over the past years, HSCie has completed more than 160 transactions across various industries with a total transaction volume exceeding EUR 17 billion. HSCie is one of the leading advisory firms in Germany for mid-market transactions.