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 produces customer specific shell-and-tube heat exchanger systems and supplies complete turnkey heat exchange solutions to customers worldwide.
“We are pleased to have led this transaction process for BAVARIA Industries Group AG and to have brought it to a successful conclusion,” said Jan Cotta, Partner in charge at HSCie.
Reimar Scholz, CEO of Bavaria Industries Group AG says: “We are glad to have chosen HSCie again as our advisor for this sale process. The process and negotiation management were excellent”. The parties have agreed not to disclose the purchase price.
About HERING AG
HERING AG, based in Gunzenhausen, Germany, is a leading manufacturer of customized shell and tube heat exchangers. At its production site in Gunzenhausen, HERING develops and produces customized heat exchanger solutions for customers all over the world. Thanks to comprehensive expertise and a high level of vertical integration, HERING supplies its customers with systems of the highest quality, durability and reliability. For more information, please visit www.hering-ag.com.
About BAVARIA Industries Group AG
BAVARIA Industries Group AG, based in Munich, Germany, is a family holding company that holds majority interests in companies showing clear potential for improvement or facing new challenges. For more information, please visit www.baikap.de.
About HSCie
Hübner Schlösser & Cie, located in Munich, Germany, is an internationally active, independent M&A advisory firm, specialized in acquisitions and divestitures of medium-sized and large companies worldwide. Since inception, the firm has advised on more than 150 transactions with a total transaction value of over EUR 17 billion. HSCie is one of the leading advisory firms for medium sized transactions in Germany. For more information, please visit www.hscie.com .
For further information please contact:
Hübner Schlösser & Cie
Luise-Ullrich-Strasse 8
D-82031 München/Grünwald
Deutschland
T: +49 (89) 998 997-0
info@hscie.com
www.hscie.com