M&A Deal Summary

Arx Equity Partners Acquires Promens Zlin

On April 14, 2021, private equity firm Arx Equity Partners acquired automotive company Promens Zlin from Berry

Acquisition Highlights
  • This is Arx Equity Partners’ 1st transaction in the Automotive sector.
  • This is Arx Equity Partners’ 13th transaction in Czech Republic.

M&A Deal Summary
Date 2021-04-14
Target Promens Zlin
Sector Automotive
Buyer(s) Arx Equity Partners
Sellers(s) Berry
Deal Type Divestiture

Target

Promens Zlin

Zlín, Czech Republic
website
Promens Zlin is a Tier 1 system and development supplier, focused predominantly on large vehicle exterior and interior parts, which are key components in the production of buses, earth moving vehicles, and agriculture equipment. Promens Zlin was founded in 1991 and is based in Zlín, Czech Republic.

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Buyer(S) 1

Buyer

Arx Equity Partners

Prague, Czech Republic

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1996
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Arx is an independent Central and Eastern European focused private equity firm. Arx seeks companies valued between €10 and €50 million. Funds are generally used to support later stage investments such as expansion financings, management buy-outs and buy-ins, and industry consolidations. Arx will consider opportunities across many industry sectors. Arx was formerly known as DBG Eastern Europe. Arx Equity Partners was formed in 1996 and based in Prague.

DEAL STATS #
Overall 29 of 32
Sector (Automotive) 1 of 1
Type (Divestiture) 2 of 3
Country (Czech Republic) 13 of 14
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Instrumentation Technologies

Solkan, Slovenia

Instrumentation Technologies engages in the development and assembly of high-specification instrumentation for data acquisition and signal processing used in scientific particle accelerators. Instrumentation Technologies was founded in 1998 and is based in Solkan, Slovenia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 WTS Klient

Budapest , Hungary

WTS Klient is a provider of outsourcing accounting and payroll services that bring international and Hungarian companies closer together. WTS Klient provides reliable and forward-looking advice. WTS Klient was established in 1998 and is based in Budapest, Hungary.

Buy -

Seller(S) 1

SELLER

Berry

Evansville, Indiana, United States

website

Category Company
Founded 1967
Sector Plastics
Employees46,000
Revenue 14.5B USD (2022)
DESCRIPTION

Berry is a manufacturer and marketer of plastic packaging products for personal care, household, industrial and transportation markets. Berry was incorporated in 1967 and is headquartered in Evansville, Indiana.

DEAL STATS #
Overall 2 of 2
Sector (Automotive) 1 of 1
Type (Divestiture) 2 of 2
Country (Czech Republic) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 Seal For Life Industries

Stadskanaal, Netherlands

Seal For Life Industries is a provider of corrosion prevention, waterproofing, and insulation prodStadskanaalucts. offers products for various markets, such as marine, splash zone, and underwater installation, mobile pipeline coating, onshore oil and gas pipelines, offshore, insulation, casing filler, energy, flooring, refinery, cathodic protection, cables and wires, and wastewater. Seal For Life Industries was founded in 1988 and is based in Stadskanaal, Netherlands.

Sell $328M
Mergr

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