Hübner Schlösser & Cie (HSCie), an internationally active, independent corporate finance advisory firm based in Munich-Grünwald exclusively advised AMAG Austria Metall AG on the acquisition of a majority stake (70%) in Aircraft Philipp Group (ACP).
ACP manufactures assembly-ready metal parts primarily for the aviation and aerospace industry and achieved a revenue of EUR 50 million in 2019. ACP’s core competence represents the highly specialized mechanical processing of aluminum and titanium. The production sites with more than 200 employees are located in Übersee/Chiemsee and Karlsruhe. ACP accumulates 50 years of successful business activity.
With the acquisition of ACP’s majority shares, AMAG is extending its own value creation by adding mechanical processing (such as milling and drilling) and the manufacturing of assembly-ready special components made of aluminum and titanium. In combination with AMAG’s proven competencies in the field of rolling, casting and recycling, it represents a particularly sustainable value chain. “This comprises of the resource-saving closed-loop-recycling of plate offcuts and chips resulted from milling processes, as well as an improved buy-to-fly-ratio and optimized logistics along the entire value chain, resulting in a considerably reduced CO2-footprint. Based on a stable ownership structure, the aim is to further expand the joint product portfolio“, said Gerald Mayer, CEO of AMAG Austria Metall AG.
HSCie advised AMAG during all steps of the acquisition. “HSCie managed the process prudently and shaped the transaction at crucial intersections applying it’s high level of expertise and solution orientation.”, said Gerald Mayer, CEO of AMAG Austria Metall AG.
AMAG is an innovative premium supplier of aluminum flat rolled products and recycled alloys made with particularly sustainably produced primary material and a focus on specialty products. With the acquisition of a majority stake in ACP, AMAG is extending the value chain, and offering mechanically processed finished products in addition to rolled semi-finished products, for the first time. AMAG is based in Ranshofen, Austria. AMAG generated revenues of approximately EUR 1.1 billion and an EBITDA of approximately EUR 143 million in 2019. For further information please refer to https://www.amag-al4u.com.
About AIRCRAFT PHILIPP
ACP accumulates 50 years of experience in the manufacture of assembly-ready parts for the aviation and aerospace industry, mainly from aluminum and titanium, at its production sites in Übersee/Chiemsee and Karlsruhe. ACP has realised a revenue of EUR 50 million in 2019. For further information please refer to https://www.aircraft-philipp.com.
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 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 further information please refer to www.hscie.com.