M&A Deal Summary

John Crane Group Acquires Seebach

On June 14, 2018, John Crane Group acquired manufacturer Seebach from Avedon Capital Partners

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

M&A Deal Summary

Date 2018-06-14
Target Seebach
Sector Manufacturing
Buyer(s) John Crane Group
Sellers(s) Avedon Capital Partners
Deal Type Add-on Acquisition

Target

Seebach

Vellmar, Germany
Seebach GmbH is a producer of filters and filter elements made of steel and stainless steel for national and international clients in the mining, chemical and process industries. Seebach GmbH was founded in 1970 and is based in Vellmar, Germany.

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Buyer(S) 1

Buyer

John Crane Group

Morton Grove, Illinois, United States

Category Company
Founded 1917
Sector Machinery
Employees6,900
Revenue 905M GBP (2015)
DESCRIPTION

John Crane Group Corp. is a manufacturer of engineered sealing equipment.


DEAL STATS #
Overall 3 of 3
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-23 CDI Oilfield Services SRL

Ploiesti, Romania

CDI Oilfield Services SRL is a designer, installer, and repair of fiberglass and steel sucker rods and downhole rod pumps to onshore upstream oil and gas customers.

Sell -

Seller(S) 1

DESCRIPTION

Avedon Capital Partners is a private investment firm focused on minority and majority growth investments in the Benelux and Germany. Avedon pursues rapidly growing companies that have reached an inflection point where a growth equity investment can create significant value. The Firm looks to invest €5 to €30 in companies valued up to €150 million. Investment proceeds are generally used to fund key growth initiatives or shareholder liquidity. Avedon Capital Partners was formed in 2011 and is based in Amsterdam.


DEAL STATS #
Overall 13 of 19
Sector: Manufacturing M&A 3 of 3
Type: Add-on Acquisition M&A Deals 9 of 10
Country: Germany M&A 4 of 4
Year: 2018 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-22 VanRiet Material Handling Systems BV

Houten, Netherlands

VanRiet Material Handling Systems BV is a provider of handling machinery for manufacturers. VanRiet Material Handling Systems is based in Houten, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 Robidus Groep B.V.

Zaandam, Netherlands

Robidus Groep B.V. is a full-service player around sickness and disability and the associated risks and costs affecting employers and insurers. Robidus offers advisory, outsourcing services, and insurance intermediation to corporates and some outsourcing services around claims handling to insurers. Robidus Groep B.V. was founded in 2003 and is based in Zaandam, Netherlands.

Sell -