M&A Deal Summary

KNM Group Acquires BORSIG

On March 5, 2008, KNM Group acquired machinery company BORSIG from capiton for 350M EUR

Acquisition Highlights
  • This is KNM Group’s 1st transaction in the Machinery sector.
  • This is KNM Group’s largest (disclosed) transaction.
  • This is KNM Group’s 1st transaction in Germany.

M&A Deal Summary

Date 2008-03-05
Target BORSIG
Sector Machinery
Buyer(s) KNM Group
Sellers(s) capiton
Deal Type Add-on Acquisition
Deal Value 350M EUR

Target

BORSIG

Berlin, Germany
The Borsig company has a long and rich history, it was founded by August Borsig in Berlin in 1837. Today the company is the global leader in the development, design and manufacture of complex appliances for the cooling of high-temperature, high-pressure gases for the chemical and petrochemical industries. In addition, the Borsig Industrial Services Division also provides installation and other services for the chemical industry, and for the energy engineering sector. Borsig is also an active player in the growth market for gas-separating membrane technology.

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Buyer(S) 1

Buyer

KNM Group

Seri Kembangan, Malaysia

Category Company
Founded 1990
Sector Manufacturing
Employees1,097
Revenue 576M MYR (2020)
DESCRIPTION

KNM Group is a company with global brand. It is renowned as a well diversified group of companies with its core business in process plants, modules and O&M equipment, process technologies and engineering, plant services and turnkey systems provider for the oil, gas, petrochemicals, minerals processing, desalination, renewable energy, chemicals, steam generation, power and environment industries. KNM Group was founded in 1990 and is based in Seri Kembangan Malaysia.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

capiton

Berlin, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 1.8B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

capiton AG is a private equity firm that targets management-led buyouts and growth capital financings of small and medium-sized businesses in Germany, Austria, and Switzerland. Broad sectors of interest include capital goods, consumer goods, services, and healthcare. capiton AG looks to invest with a turnover of between €50 and €300 million and usually invest between €20 and €60 million. The Firm generally looks for control positions when considering opportunities. capiton AG was established in 1999 and is based in Berlin, Germany.


DEAL STATS #
Overall 4 of 22
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 2 of 8
Country (Germany) 2 of 19
Year (2008) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-01 nora Systems

Weinheim, Germany

nora Systems GmbH is a global manufacturer of commercial rubber floor covering systems. The company has been designing and manufacturing high-performance rubber flooring for more than 80 years for a number of different markets. Nora’s team of skilled professionals collaborates with architects and designers to develop performance-driven flooring solutions that help bring their projects to life.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-02 Gimborn

Emmerich am Rhein, Germany

Gimborn is a manufacturer and retailer of pet foods and pet care products. It owns two production facilities in Germany and a chain of more than 100 retail shops, which operate under the brand Pet Center in the Czech Republic, Slovakia, the Baltic states and Romania. Gimborn was founded in 1855 and is based in Emmerich am Rhein, Germany.

Sell -