GEMI a H&T Group acquired Presspart from a holding company of 3i Group Plc

We advised GEMI

HSCie Customer

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.
www.hut-group.com

Companies involved

3i Plc, London, UK
3i Plc is an investment firm with world-wide scope.
www.3i.com

Transaction

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.

Task

HSCie advised on the valuation and due diligence and conducted the negotiations.

Year: 2002
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions

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