M&A Deal Summary

LUKAS Hydraulik Acquires AWG Fittings

On May 16, 2016, LUKAS Hydraulik acquired safety/security company AWG Fittings from Paragon Partners for 46M EUR

Acquisition Highlights
  • This is LUKAS Hydraulik’s 1st transaction in the Safety/Security sector.
  • This is LUKAS Hydraulik’s 0th largest (disclosed) transaction.
  • This is LUKAS Hydraulik’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-05-16
Target AWG Fittings
Sector Safety/Security
Buyer(s) LUKAS Hydraulik
Sellers(s) Paragon Partners
Deal Type Add-on Acquisition
Deal Value 46M EUR

Target

AWG Fittings

Giengen an der Brenz, Germany
AWG Fittings GmbH is a manufacturer of premium fire fighting appliances and accessories. The company offers a comprehensive product range of innovative firefighting equipment, including nozzles, couplings, foam equipment and valves. AWG’s subsidiary Alco manufactures water guns for mobile and stationary firefighting.

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Buyer(S) 1

Buyer

LUKAS Hydraulik

Erlangen, Germany

Category Company
Founded 1945
Sector Machinery
DESCRIPTION

LUKAS Hydraulik GmbH is a manufacturer of hydraulic products.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Paragon Partners

Munich, Germany

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 1.2B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Paragon Partners is an independent private equity group focused on investments within German speaking Europe (Germany, Austria, Switzerland). The Firm does not have any sector preferences, generally targeting profitable companies (EBIT of €5 to €70 million) with attractive business models and 'outstanding' management. Paragon Partners was formed in 2004 and is based in Munich.


DEAL STATS #
Overall 12 of 25
Sector (Safety/Security) 1 of 2
Type (Add-on Acquisition) 5 of 13
Country (Germany) 11 of 20
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-18 Anti-Germ International

Memmingen, Germany

Anti-Germ International GmbH is a manufacturer of cleaning and disinfecting products and corresponding service concepts for professional applications in the food and beverage industry and in agriculture. Anti-Germ International was established in 1998 and is based in Memmingen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-09 PAVIS

Starnberg, Germany

PAVIS GmbH is a provider of IP Management services to patent lawyers and to the patent and legal departments of large corporate and small and medium-sized companies. PAVIS was established in 1980 and is based in Starnberg, Germany.

Buy -