We advised the seller
Titan Aluminium Feinguß GmbH (TITAL), Bestwick, Germany
TITAL, founded in 1974, is a leading manufacturer and provider of premium aluminium and titanium investment casting parts and solutions primarily for the aerospace industry. TITAL has ongoing supply relationships with all major OEMs and Tier 1 suppliers in the European aerospace industry for large and complex aluminium and titanium components.
DZ Equity Partner GmbH, Frankfurt, Germany
DZ Equity Partner GmbH is a subsidiary of DZ BANK AG, the mutual central bank for approx. 1.100 Volks- and Raiffeisenbanks in Germany. DZ Equity Partner invests in medium sized companies.They hold a portfolio of approx. € 550 million.
DZ Equity Partner GmbH and the management acquires 100% of Titan Aluminium Feinguß GmbH, Bestwick, Germany, effective from April 1, 2006, within a management buy-out.
HSCie advised on the entire process, including on approaching potential investors and putting together the documents relevant to the transaction. HSCie also drew up the transaction documents, advised on the valuation and the due diligence process and managed the negotiations.
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions