M&A Deal Summary

Prevent Group Acquires Halberg Guss

On January 1, 2018, Prevent Group acquired automotive company Halberg Guss from HTP Investments

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

M&A Deal Summary

Date 2018-01-01
Target Halberg Guss
Sector Automotive
Buyer(s) Prevent Group
Sellers(s) HTP Investments
Deal Type Add-on Acquisition

Target

Halberg Guss

Saarbrücken, Germany
Halberg Guss is a supplier and producer of cylinder crankcases and of cylinder heads for trucks made of cast iron and cast crankshafts. Halberg Guss was founded in 2011 and is based in Saarbrucken, Germany.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Prevent Group

Wolfsburg, Germany

Category Company
Sector Automotive
DESCRIPTION

Prevent Group began manufacturing seat covers and has since diversified into yacht interiors, protective clothing, brake discs and fashion textiles. Its sister company ASA also offers a range of financial, transport and health services. Prevent Group is based in Wolfsburg, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

DESCRIPTION

HTP Investments is a private equity firm focused on acquiring middle-market companies in Western Europe. HTP Investments was formed in 1990 and is headquartered in Amsterdam, the Netherlands.


DEAL STATS #
Overall 7 of 9
Sector: Automotive M&A 2 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Germany M&A 4 of 5
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 REUM Kunststoff- und Metalltechnik

Hardheim, Germany

REUM Kunststoff- und Metalltechnik GmbH is a developer and producer plastic components for the automotive industry. REUM specializes in high-quality functional and design components for interior fittings of vehicles and comfort fittings for premium cars. REUM Kunststoff- und Metalltechnik was founded in 1906 and is based in Hardheim, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-07 Oyster Yachts

Hampshire, United Kingdom

Oyster Marine is known throughout the sailing for the quality of its semi-custom, craftsmen-built sailing yachts and has an enviable reputation for high-quality customer service and support. Oyster Marine was founded in 1973 and is based in Hampshire, United Kingdom.

Sell -