M&A Deal Summary

Flacks Group Acquires Pleuger Industries

On January 1, 2018, distressed investor Flacks Group acquired manufacturer Pleuger Industries

Acquisition Highlights
  • This is Flacks Group’s 1st transaction in the Manufacturing sector.
  • This is Flacks Group’s 1st transaction in Germany.

M&A Deal Summary

Date 2018-01-01
Target Pleuger Industries
Sector Manufacturing
Buyer(s) Flacks Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Pleuger Industries

Hamburg, Germany
Pleuger Industries is an international manufacturer and supplier of submersible motors, pumps, thrusters and plunger pumps. Pleuger Industries was founded in 1929 and is based in Hamburg, Germany.

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Buyer(S) 1

DESCRIPTION

Flacks Group is a special situations focused investment group that targets operational turnarounds of medium-sized companies. Flacks has a special interest in carve-outs, spin-offs, and divestitures of a noncore/underperforming divisions from large multinational parent companies, where the process is broken or tired. Flacks Group is headquartered in Miami, Florida.


DEAL STATS #
Overall 1 of 3
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
Country (Germany) 1 of 2
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-22 Zippel

Neutraubling, Germany

Zippel is a provider of industrial parts cleaning. Zippel's engineers and constructors do everything to fullfill customers needs and find a solution for any concern. Its product range goes from cleaning with low pressure to cleaning with high pressure. Combining these two processes, Zippel provides qualitative cleaning options for all product areas and all industrial branches. Zippel now is a full-service solution provider for industrial parts cleaning with a global service network.

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