MBO@Halder

Halder exits KEYMILE and BMB

2019-1-31

Halder has sold investments in KEYMILE (Hannover, Germany) and BMB Manifattura Borse (Florence, Italy), realizing the fourth and fifth exit from the portfolio of its Halder Germany II fund.

Halder and lead-investor Riverside had invested in KEYMILE, a provider of communication solutions for data access and transmission systems, in 2011. Since then, KEYMILE has achieved a strong position in the market segment for mission-critical networks, focusing on the telecommunications, energy and transport industries. Its mission-critical business was sold to ABB (Zurich, Switzerland) in 2017. In early 2019, Dasan Zhone Solutions (Oakland/California) acquired KEYMILE’s remaining broadband activities to strengthen its position in Europe.

BMB Manifattura Borse manufactures high-end leather goods and accessories for selected luxury brands like Chanel and was acquired in 2013. Backed by Halder, BMB has significantly broadened its customer base by adding more clients from the market’s premium segment. In January 2019, a group formed by management and Italian investors acquired Halder’s interest.

Halder has been active in Germany since 1991 and has provided 38 SMEs with capital for ownership succession and growth. Backed by Halder, portfolio companies grow by internationalization, focusing their strategy and business model, comprehensive capital expenditure and add-on investments.