We advised GEMI
HUT-Group GmbH (Heitkamp & Thumann Group), Düsseldorf, Germany
HUT Group is an internationally operating industrial company producing precision-formed components such as deep-draw parts, metal pressings and plastic parts. It is a world market leader in the field of battery sleeves.
3i Plc, London, UK
3i Plc is an investment firm with world-wide scope.
Acquisition of Presspart Manufacturing Ltd., Blackburn, UK and its subsidiary in the USA, Presspart Inc., by GEMI GmbH, a subsidiary of the HUT Group GmbH. Presspart is a leading manufacturer of deep-draw parts such as aerosol cans for the pharma and automotive industry, amongst others.
HSCie advised on the valuation and due diligence and conducted the negotiations.
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions