MBO@Halder

Matching pages with the key word

SMEs

Halder acquires Sirag, Univer and Uniprod and integrates them with the portfolio companies Drumag and EPH in the Valeta Group
Halder has acquired a majority stake in Sirag, Univer and Uniprod in Switzerland through the portfolio companies Drumag EPH, which are connected through the Valeta Group.
Halder portfolio company Conen acquires HKS Systemtechnik
Halder-backed Conen, a provider of interiors and technical products for educational institutions, takes over HKS Systemtechnik in Borchen (Germany), a specialist in the field of projection and presentation technology.
Halder acquires Anker Kassensysteme GmbH
Halder has acquired a majority stake in Anker Kassensysteme GmbH (Bielefeld, German) as part of a management buy-out. The management team co-invests alongside with Halder in the transaction and becomes minority shareholder.
Halder acquires Suvema
Quality, reliability and increasing demand for automation and productivity characterize the Swiss manufacturing industry. Suppliers of customized CNC machine tools benefit from strong demand for individual solutions.
Halder acquires Drumag Fluidtechnik and EPH Elektronik
The suppliers of customized drive technologies are growing with both mechanical and electronic components as well as systems and are combined in a joint group. Halder has acquired a majority stake in Drumag Fluidtechnik in Bad Säckingen and EPH Elektronik in Besigheim-Ottmarsheim as part of a succession solution.
Halder acquires Conen Group
Halder has completed an MBO of Conen Group (Morbach/Germany). The investment provides a succession solution for the founder’s family which had established the company in 1965.
Halder sells Wback to C.H. Guenther & Son
Halder has sold its investment in Wback, the leading German producer of hamburger and hot dog buns, to C.H. Guenther & Son LLC (San Antonio/Texas).
Halder exits KEYMILE and BMB
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.
Booster sells French manufacturing arm
Booster Precision Components, Frankfurt, has sold its French subsidiary in Thyez to Sino-French group OMV System. It had been acquired by Halder in 2011 as a part of CCN, a specialist for precision components used in exhaust turbochargers. In 2016, CCN and portfolio company PRAE-TURBO were merged to form Booster group with more than 1.000 employees.
Halder exits water dispenser specialist Aqua Vital
Halder has sold its investment in water dispenser specialist Aqua Vital, a portfolio company since 2013, to Culligan International.
Aqua Vital acquires Kalimba
Aqua Vital, the leading provider of water dispensers in Germany, has acquired Kalimba NV (Lanaken/Belgium). The acquisition opens a succession path for the company’s founders, who had started the business in 1996. Focusing on bottled water coolers, they had expanded from Belgium to The Netherlands and Germany.
Business as usual
Just how imporant are international markets? In 2011, almost 1 out of 4 SMEs generated more than 60 % of its revenue abroad; one year later, it was 1 out of 3. The trend is on the rise.
Business as usual
Just how imporant are international markets? In 2011, almost 1 out of 4 SMEs generated more than 60 % of its revenue abroad; one year later, it was 1 out of 3. The trend is on the rise.
Booster Precision Parts: CCN and PRAE-TURBO form international turbo charging specialist
CCN and PRAE-TURBO combine to become Booster Precision Parts. The international group had a total output of € 133 million in 2015 and a global staff of more than 1,000.
KLINGEL medical metal acquires Josef Ganter Feinmechanik
KLINGEL medical metal, Pforzheim/Germany, has acquired family-owned Josef Ganter Feinmechanik GmbH. Klingel has been part of Halder’s portfolio since 2012; the acquisition will accelerate its plans to become a specialist for medical technology components.
KEYMILE boosts security in its LineRunner-IS-3400 family with new functions
KEYMILE has added new functions, such as the configuration of a new packet-filter firewall, to its LineRunner-IS-3400 and identical HYTEC-HY104 family. This helps suppliers and operators of mission-critical infrastructures to comply with new German IT security legislation.
(Not) everything is relative
Growth isn't exactly weak and the transformation to a modern industrialised society is far from complete - China remains a target market for German SMEs. In turn, Germany is becoming a premier target for Chinese capital.
(Not) everything is relative
Growth isn't exactly weak and the transformation to a modern industrialised society is far from complete - China remains a target market for German SMEs. In turn, Germany is becoming a premier target for Chinese capital.
ISO-certification for KLINGEL medical metal
Intertek Certification AB has audited Halder’s portfolio firm KLINGEL medical metal, certifying the company’s quality and process optimization. Intertek’s certification relates to DIN EN ISO 9001:2008 and EN ISO 13485:2012, it is valid to 2018
KEYMILE joins the European Rail Industry Association
Telecommunications supplier KEYMILE has joined the Union des Industries Ferroviaires Européennes (UNIFE), the Brussels-based European Rail Industry Association.
Medical Metal
„Metal precision“ as demanded by the medical technology sector is the future focus of Klingel’s business. Thomas Kroyer, the firm’s commercial director, cites three reasons for supporting the businesses new perspective by changing the company’s name and its public appearance.
KEYMILE presents new XMC20 product family for mission-critical telecommunications networks
KEYMILE is stepping up business with mission-critical telecommunications networks. The company is expanding its portfolio of solutions by launching the XMC20 product range especially for mission-critical networks.
The lords of the (compressor) wheels
Even in the global automotive industry, supplying five million units of one type of a component per year would make anyone a well-regarded player. But for PRAE-TURBO, it’s the quality that counts: As a provider of high-precision compressor wheels, the company is a “go to”-address in the industry.
Healthcare and fashion
With Halder as the majority shareholder, Amoena is looking to grow internationally and offer a broader range of sports and leisure apparel for women after surgery for breast cancer.
KEYMILE adds a purely optical fibre solution to access platform MileGate
The target groups for KEYMILE’s new MileGate Fibre Series are network operators wanting to set up innovative optical fibre networks for homes and businesses in the most flexible way.
Halder acquires PRAE-TURBO from founders
Halder is acquiring PRAE Turbo in Schwanewede near Bremen through a management buy-out. PRAE-TURBO was established in 2003 and focuses on machining compressor wheels for automotive turbochargers.
KEYMILE creates communications network for French high-speed railway project
KEYMILE has won the order to build the mission-critical communications network for the French high-speed railway line LGV BPL from Le Mans to Rennes.
KEYMILE expands its industrial-switch portfolio for mission-critical networks
New models of KEYMILE's LineRunner IS product line offer a powerful and cost-effective solution for monitoring and controlling mission-critical data networks of energy suppliers, railway, oil and gas companies.
More power from within
Between 2006 and 2012, large companies increased innovation spending by nearly 18 % to € 105 billion, while SME budgets lagged behind at about one fifth of this level, where they have stagnated in recent years.
More power from within
Between 2006 and 2012, large companies increased innovation spending by nearly 18 % to € 105 billion, while SME budgets lagged behind at about one fifth of this level, where they have stagnated in recent years.
Sales Success with MileGate in Germany
As part of an extensive project, telecommunications service provider htp from Hanover connected large rented housing complexes to a high-speed optical fibre network. The buildings are owned by Gundlach, a housing company and the Spar- and Bauverein cooperative.
“Hidden champions” – more than a buzzword
hat is a “hidden champion”? To Prof. Hermann Simon, who brought the term to Germany, these are “highly specialised small and medium-sized enterprises”.
“Hidden champions” – more than a buzzword
What is a “hidden champion”? To Prof. Hermann Simon, who brought the term to Germany, these are “highly specialised small and medium-sized enterprises”.
Departure for Globalia
There are some 3,000 hidden champions around the world, a significant number of which come from Germany.
Hidden champions are no sure-fire success
Dr Wilfried Kaiser, Chairman of Halder’s Advisory Board, on investing experience in the mid-cap sector.
“Who takes the equity risk?”
Dr. Hanns Ostmeier became a shareholder, Executive Chairman and member of the Investment Committee in April 2013. Why did he join Halder?
Market: Focus on the essentials
The significance of private equity investors for SMEs will continue to grow in the coming years as Basel III limits financing options while equity requirements expand.
Internationalisation – must do or may do?
Actually, there‘s no question: German companies operate on a substantial domestic market, which has expanded considerably since the 1990s. However, economic development in Germany suggests that many companies cannot rely on the markets at home and in neighbouring countries if they are looking to grow: according to Germany‘s Federal Statistical Office, Destatis, annual GDP growth was a mere 1.1% over the past ten years, partly due to the recession in 2008/2009.
Think globally, manufacture locally
Why would an SME-sized turbo charger specialist from Europe build a plant in China? Because its manufacturing infrastructure would then cover all of the major automotive markets, providing a highly attractive offering for its customers‘ central purchasing departments.
Management Issues
„At least half of VAG‘s success in China is attributable to Robert Fellner-Feldegg‘s efforts – a high level of commitment on the part of top executives would seem a good guideline for companies seeking a foothold here.“
Flange valves from China for China
China is one of the key growth markets for infrastructure projects. Mannheim-based VAG Group, a leading supplier of valves and fittings for water and sewage management, has nearly a decade-long commitment to the country, achieving considerable success.
Internationalisation – must do or may do?
Actually, there‘s no question: German companies operate on a substantial domestic market, which has expanded considerably since the 1990s. However, economic development in Germany suggests that many companies cannot rely on the markets at home and in neighbouring countries if they are looking to grow: according to Germany‘s Federal Statistical Office, Destatis, annual GDP growth was a mere 1.1% over the past ten years, partly due to the recession in 2008/2009.
Interview: Paul De Ridder
Halder partner Paul De Ridder on Halder’s activities in 2011, timing the market and investment opportunities in Germany’s SME sector. An interview by Brendan Scott, editor, RealDeals magazine.
Halder investments at a glance
With every fund, Halder invests more in the German market, and the investments generate high returns. The good return on invested capital is due to Halder‘s concentration on SMEs and a „learning curve“ evidenced by capital appreciation and a low loss ratio.
Lessons learned
It took 23 months, one million miles of airline travel and three closings during 2002/03 to raise € 155 million for Halder-GIMV Germany, the first Halder fund to focus exclusively on buy-outs of German SMEs. The next fund, Halder-GIMV Germany II, achieved its target volume of € 325 million at first closing in 2008, only three months after fund raising had started.
Operational experience complements financial expertise
What is it that many private equity investors are lacking that makes it possible to successfully steer a portfolio of SMEs through a fund‘s life cycle? Most investment managers have a background in finance, an analytical mind and a strategic focus. While they get to know their portfolio firms quite well during the holding period, they are not industry executives with decades‘ experience in managing a company.
Not your everyday market player
It all began with a management buy-out: In 1988, René Smits and Paul Deiters acquired the European risk capital activities of Oranje-Nassau Group, naming the new firm ater the Dutch village where their plans for the future were first laid: Halder. The company‘s Belgian team started in 1989, and in the spring of 1991, Paul De Ridder, Joachim Kramer and Susanne Quint formed a team in Frankfurt.
The cosmopolitan SME
Dr. Wilfried Kaiser, Chairman of Halder’s Advisory Board, knows from long investment experience that German SMEs have adopted an international perspective: “An international presence is standard practice for larger ‘Mittelstand’ companies.”
New fund has raised € 155 m for MBOs
Investment strategy targets German Mittelstand. Halder continues its German investment strategy focused on management buy-outs of SMEs.
Market for medium-sized management buy-outs in the German SME sector has been growing for five years
In Germany, the market for private equity providers investments in SMEs (small- and medium-sized enterprises) within the framework of management buy-outs (MBOs) is growing.