M&A Deal Summary

Benecke-Kaliko AG Acquires Konrad Hornschuch AG

On October 21, 2016, Benecke-Kaliko AG acquired manufacturer Konrad Hornschuch AG from Equistone

Acquisition Highlights
  • This is Benecke-Kaliko AG’s 1st transaction in the Manufacturing sector.
  • This is Benecke-Kaliko AG’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-10-21
Target Konrad Hornschuch AG
Sector Manufacturing
Buyer(s) Benecke-Kaliko AG
Sellers(s) Equistone
Deal Type Add-on Acquisition

Target

Konrad Hornschuch AG

Weissbach, Germany
Konrad Hornschuch AG is a manufacturer of aesthetic laminates, high-tech synthetics and premium artificial leathers for a wide range of end-markets, including: home decoration, furniture, fashion upholstery, automotive and exterior windows/doors.

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Buyer(S) 1

Buyer

Benecke-Kaliko AG

Hannover, Germany

Category Company
Founded 1718
Sector Automotive
DESCRIPTION

Benecke-Kaliko AG is a manufacturers of surface materials for automotive interiors.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Equistone

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 9.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Equistone is a private equity firm that invests in small to mid-sized companies valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, recapitalizations, and take privates. Equistone was formed in 1997 and is based in London, England.


DEAL STATS #
Overall 143 of 194
Sector (Manufacturing) 3 of 5
Type (Add-on Acquisition) 47 of 68
Country (Germany) 20 of 29
Year (2016) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-02 Apogee

Maidstone, United Kingdom

Apogee Corporation Ltd. is an office equipment dealer (OED) and independent provider of print, outsourced services, and document and process technology. Apogee Corp. was founded in 1993 and is based in Maidstone, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 Jerrold Holdings

Manchester, United Kingdom

Jerrold Holdings Ltd. (dba Together) is a secured lender to the residential and commercial sectors.

Sell -