M&A Deal Summary

ContiTech AG Acquires Thermopol

On January 31, 2006, ContiTech AG acquired automotive company Thermopol from Montagu

Acquisition Highlights
  • This is ContiTech AG’s 1st transaction in the Automotive sector.
  • This is ContiTech AG’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-01-31
Target Thermopol
Sector Automotive
Buyer(s) ContiTech AG
Sellers(s) Montagu
Deal Type Add-on Acquisition

Target

Thermopol

Crawley, United Kingdom
Thermopol International Ltd. designs and produces silicone rubber hoses primarily for the global truck, bus, and automotive industries.

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Buyer(S) 1

Buyer

ContiTech AG

Hanover, Germany

Category Company
Sector Manufacturing
DESCRIPTION

ContiTech AG, through its subsidiaries, develops and produces rubber and plastic functional parts, components, and systems for the automotive and other industries.


DEAL STATS #
Overall 2 of 2
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-01 Phoenix Xtra Print

Hannover, Germany

The Phoenix Xtra Print GmbH is one of the leading manufacturers of printing blankets for sheet-fed and rotary offset machines in Europe.

Buy -

Seller(S) 1

SELLER

Montagu

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Montagu is an independent private equity firm focused on European management buyouts and growth capital transactions. The Firm seeks opportunities valued between €100 million and €1 billion. Sectors of interest include healthcare, medical products, financial services, software, IT, information services, and education. Montagu dates back to 1968 and is based in London.


DEAL STATS #
Overall 34 of 76
Sector: Automotive M&A 3 of 5
Type: Add-on Acquisition M&A Deals 15 of 31
Country: United Kingdom M&A 24 of 41
Year: 2006 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 TMD Friction Holdings

Leverkusen, Germany

TMD Friction is the manufacturer of friction material for brake pads and brake linings for the automotive industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-01 BSN medical

Hamburg, Germany

BSN medical GmbH is an innovative medical solutions company with well-known brands such as Leukoplast, Cutimed, JOBST, Delta Cast, Delta Lite and Actimove which are long established brand leaders in their key markets.

Buy -