M&A Deal Summary

ADCURAM Group AG Acquires Poggenpohl

On December 19, 2016, private equity firm ADCURAM Group AG acquired consumer products company Poggenpohl from Nobia for 10M EUR

Acquisition Highlights
  • This is ADCURAM Group AG’s 1st transaction in the Consumer Products sector.
  • This is ADCURAM Group AG’s largest (disclosed) transaction.
  • This is ADCURAM Group AG’s 10th transaction in Germany.
Investment Fate
  • Poggenpohl was sold to a strategic buyer in 2020.

M&A Deal Summary
Date 2016-12-19
Target Poggenpohl
Sector Consumer Products
Buyer(s) ADCURAM Group AG
Sellers(s) Nobia
Deal Type Divestiture
Deal Value 10M EUR

Target

Poggenpohl

Herford, Germany
website
Poggenpohl is a designer, manufacturer and marketer of kitchen products. Poggenpohl was founded in 1892 and is based in Herford, Germany.

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Buyer(S) 1

Buyer

ADCURAM Group AG

Munich, Germany

Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2003
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

ADCURAM Group AG is an independent investment firm focused on acquiring businesses throughout Europe. ADCURAM seeks to invest up to €30 million in companies with revenues of between €40 and €500 million. The Firm looks to acquire majority positions and will consider a variety of situations, including corporate carve-outs, profitable companies, and businesses in financial crisis. Areas of interest include production, services, and commerce. ADCURAM Group AG was formed in 2003 and is based in Munich.

DEAL STATS #
Overall 12 of 19
Sector (Consumer Products) 1 of 1
Type (Divestiture) 7 of 7
Country (Germany) 10 of 17
Year (2016) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-09 S.A. Citrique Belge N.V.

Tienen, Belgium

S.A. Citrique Belge N.V. is a manufacturer of citric acid. It offers a wide range of citrates that play an important role in the production of numerous foods and beverages. S.A. Citrique Belge was founded in 1929 and is based in Tienen, Belgium.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-31 MEA Group

Aichach, Germany

MEA Group is a supplier for the construction industry. MEA offers its customers a wide range of products for the areas of basement construction and drainage systems as well as a comprehensive range of gratings. MEA Group was founded in 1886 and is based in Aichach, Germany.

Buy -

Seller(S) 1

SELLER

Nobia

Stockholm, Sweden

website

Category Company
Founded 1996
Sector Consumer Products
Employees5,929
Revenue 14.9B SEK (2022)
DESCRIPTION

Nobia is a manufacturer and retailer of kitchen interior products in Europe. The company sells its products directly to consumers and to the construction industry under some 20 different brands such as Marbodal, HTH, Novart, Norema, Poggenpohl, and Magnet. Nobia was formed in 1996 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-12 Commodore Kitchens

Grays, United Kingdom

Commodore Kitchens Ltd. is a designer, manufacturer and installs mid range kitchens for property developers and house builder clients

Buy -
Mergr

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