Hübner Schlösser & Cie (HSCie), the internationally active independent M&A advisory firm based in Munich, exclusively advised BAVARIA Industries Group AG on the successful sale of HERING AG.
HERING AG develops and manufactures customized shell-and-tube heat exchanger systems and provides turnkey heat exchanger solutions to customers worldwide.
“We are pleased that we were able to lead and successfully complete this transaction process for BAVARIA Industries Group AG,” said Jan Cotta, responsible partner at HSCie.
Reimar Scholz, CEO of BAVARIA Industries Group AG, commented: “We are pleased to have once again selected HSCie as our advisor for this sales process. The process management and negotiations were excellent.” The parties agreed not to disclose the purchase price.
About HERING AG
HERING AG, headquartered in Gunzenhausen, Germany, is a leading manufacturer of customized shell-and-tube heat exchangers. At its production site in Gunzenhausen, HERING develops and manufactures tailor-made heat exchanger solutions for customers around the world. Thanks to its extensive expertise and high level of in-house manufacturing, HERING delivers systems of the highest quality, durability, and reliability. Further information is available at www.hering-ag.com.
About BAVARIA Industries Group AG
BAVARIA Industries Group AG, headquartered in Munich, Germany, is a family holding company that primarily invests in businesses with clear improvement potential or companies facing new challenges. Further information is available at www.baikap.de.
About HSCie
Hübner Schlösser & Cie, headquartered in Munich, Germany, is an internationally active independent M&A advisory firm specializing in acquisitions and divestitures of medium-sized and large companies worldwide. Since its founding, HSCie has completed more than 150 transactions with a total transaction volume exceeding EUR 17 billion. HSCie is one of the leading advisory firms for mid-market transactions in Germany. Further information is available at www.hscie.com.