We advised H&T
HSCie Customer
Heitkamp & Thumann Group, Düsseldorf, Germany
Heitkamp & Thumann Group is a manufacturer of precision formed metal and plastic components for the pharmaceutical, battery and automotive industries. Organized within three divisions, it operates on 16 locations in Europe, Asia and in the US and employs a staff of about 2,300.
www.ht-group.com
Transaction Object
Linden GmbH & Co KG, Lüdenscheid, Germany
Linden Group is a manufacturer of plastic decorative parts for passenger cars and trucks, such as emblems, logos, decor covers and design-oriented applications. The company’s customers are leading German and European car and truck OEMs as well as large Tier 1 suppliers. It employs a staff of about 300 persons in two plants in Lüdenscheid, Germany, and one in Hustopece, Czech Republic.
www.fr-linden.de
Buyer
Heinze Kunststofftechnik GmbH & Co KG, Herford, Germany
Heinze Group is a manufacturer of plastic parts with decorative and advanced surface finishing for the automotive, infocom, sanitary and domestic care as well as other related industries. With a staff of about 750 it operates two plants, one in Herford and the other near Chemnitz.
www.heinze-gruppe.de
Transaction/Task
As of 31 October 2012 Heitkamp & Thumannn Group has sold its subsidiary Linden GmbH & Co KG to Heinze Kunststofftechnik GmbH & Co KG. The combination of Heinze and Linden enables these companies to broaden their product offering and manufacturing capabilities, and to become one of the leading producers of plastic parts with profound competencies in designing, tooling, chroming, painting and other types of surface coating. Hübner Schlösser & Cie advised Heitkamp & Thumannn in the entire transaction process. This includes research, approach of potential investors, due diligence examinations and conducting negotiations with the vendors.
Year: 2012
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions