M&A Deal Summary

DI Mittelstand and Patrimonium Private Equity Acquire Sundwiger

On November 12, 2020, private equity firms DI Mittelstand and Patrimonium Private Equity acquired metals/mining company Sundwiger from Diehl Stiftung & Co. KG

Acquisition Highlights
  • This is DI Mittelstand’s 1st and Patrimonium Private Equity’s 1st transaction in the Metals/Mining sector.
  • This is DI Mittelstand’s 5th and Patrimonium Private Equity’s 2nd transaction in Germany.

M&A Deal Summary

Date 2020-11-12
Target Sundwiger
Sector Metals/Mining
Buyer(s) DI Mittelstand
Patrimonium Private Equity
Sellers(s) Diehl Stiftung & Co. KG
Deal Type Divestiture

Target

Sundwiger

Hemer, Germany
Sundwiger is a supplier of high-quality rolled products made of copper alloys, such as strips and wires. The product portfolio includes a large number of copper-based high-performance alloys that are used in various industries and applications. Sundwiger was founded in 1698 and is based in Hemer, Germany.

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Buyer(S) 2

DESCRIPTION

DI Mittelstand is a private equity investor principally focused on special situation investments in Germany, Austria, and Switzerland. The Firm looks to invest up to €30 million in businesses generating €40 to €750 million of revenue. The Firm does not have any sector preferences and targets a range of investment situations including corporate carve-outs of non-core business units, shareholder restructurings, management buyouts/buyins, and turnarounds. DI Mittelstand is headquartered in Munich.


DEAL STATS #
Overall 5 of 8
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 5 of 5
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-13 BIS Czech

Horni Jiretín, Germany

BIS Czech is a provider of comprehensive industrial maintenance services for the energy sector in the Czech Republic and Slovakia. Its solution portfolio includes the complete range of industrial services, covering engineering, the realization of investment projects as well as maintenance and technological turnarounds. BIS Czech is based in Horni Jiretín, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 Aspel

Beringen, Belgium

Aspel provides custom injection molding solutions, ranging from co-development, mold design and raw material expertise to the final delivery of products and services. Aspel was founded in 1953 and is based in Beringen, Belgium.

Buy -
DESCRIPTION

Patrimonium Private Equity is the direct private equity investment arm of Patrimonium Asset Management. Patrimonium PE looks to invest in and acquire small to mid-sized businesses in Switzerland, Germany, Austria, and Northern Italy generating €20 to €200 million in annual revenue. Areas of interest include service companies (B2B & B2C), industrial and consumer goods, building materials, and logistics. The Firm will consider majority or minority positions and generally looks for growth opportunities, either through buy-and build or digitalization. Patrimonium Private Equity was established in 2001 and is headquartered in Echandens, Switzerland.


DEAL STATS #
Overall 4 of 7
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 2 of 4
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-16 Roth Gruppe AG

Gerlafingen , Switzerland

Roth Gruppe AG is a provider of services in fire protection, insulation and coatings. Its products are particularly targeted towards domestic, industrial and commercial buildings, as well as infrastructure projects for both the private and public sectors. Roth Gruppe was founded in 1958 and is based in Gerlafingen, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-14 Bächler + Güttinger

Kiesen, Switzerland

Bächler + Güttinger is a company in the field of garden and sports field construction. Their core business is the professional design and maintenance of outdoor spaces in single-family homes, housing developments, public facilities, shopping centers, etc. Bächler + Güttinger is based in Kiesen, Switzerland.

Buy -

Seller(S) 1

SELLER

Diehl Stiftung & Co. KG

Nuremberg, Germany

Category Company
Sector Manufacturing
Employees2,600
DESCRIPTION

The Controls subgroup, with a good 2,600 employees in the German headquarters Wangen and Nuremberg and the subsidiaries in Namyslow and Wroclaw/Poland, Milan/Italy, Nanjing and Quindao/China, Naperville/USA and Queretaro/Mexico strive to develop and manufacture products of the highest quality and energy efficiency.


DEAL STATS #
Overall 3 of 3
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 3 of 3
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-20 Platinum

Wangen im Allgau, Germany

Platinum is a producer of inverters for the photovoltaic industry. Platinum is based in Wangen im Allgau, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-02 e.sigma

Munich, Germany

e.sigma specializes in developing, manufacturing, implementing, and integrating training solutions in the field of military and security applications. e.sigma is based in Munich, Germany.

Buy -