M&A Deal Summary

Callista Private Equity Acquires Globus Gummiwerke

On March 10, 2016, distressed investor Callista Private Equity acquired chemicals company Globus Gummiwerke from Poppe

Acquisition Highlights
  • This is Callista Private Equity’s 1st transaction in the Chemicals sector.
  • This is Callista Private Equity’s 3rd transaction in Germany.

M&A Deal Summary

Date 2016-03-10
Target Globus Gummiwerke
Sector Chemicals
Buyer(s) Callista Private Equity
Sellers(s) Poppe
Deal Type Divestiture

Target

Globus Gummiwerke

Ahrensbok, Germany
Globus Gummiwerke is a manufacturer of elastomer products in the field of automotive, aerosol, and packaging. Globus Gummiwerke was founded in 1906 and is based in Ahrensbok, Germany.

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Buyer(S) 1

DESCRIPTION

Callista Private Equity GmbH is a private equity firm focused on turnaround situations and carveouts. Callista targets opportunities with €10 to €200 million of revenue and does not have any sector preferences. The Firm's process is to is to acquire a controlling or a significant minority stake of loss-making entities and begin the process of repositioning. Callista Private Equity GmbH is headquartered in Munich, Germany.


DEAL STATS #
Overall 4 of 23
Sector: Chemicals M&A 1 of 3
Type: Divestiture M&A Deals 4 of 20
Country: Germany M&A 3 of 15
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-14 PCH Metals

Saint-Martin-sur-le-Pré, France

PCH Metals is an operator of an international production facility with a focus on HVAC products heating radiators and ventilation equipment. PCH Metals is based in Saint-Martin-sur-le-Pré, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-07 Monofrax

Falconer, New York, United States

Monofrax is a producer of fused cast refractory materials, mainly used within the construction of furnaces for glass manufacturing and other industries. Monofrax was founded in 1948 and is based in Falconer, New York.

Buy -

Seller(S) 1

SELLER

Poppe

Giessen, Germany

Category Company
Founded 1911
Sector Chemicals
DESCRIPTION

Poppe GmbH is a manufacturer of rubber and plastic products.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1