M&A Deal Summary

Sumitomo Acquires Kienle + Spiess

On February 18, 2013, Sumitomo acquired metals/mining company Kienle + Spiess from BAVARIA Industries Group

Acquisition Highlights
  • This is Sumitomo’s 2nd transaction in the Metals/Mining sector.
  • This is Sumitomo’s 1st transaction in Germany.

M&A Deal Summary
Date 2013-02-18
Target Kienle + Spiess
Sector Metals/Mining
Buyer(s) Sumitomo
Sellers(s) BAVARIA Industries Group
Deal Type Add-on Acquisition

Target

Kienle + Spiess

Sachsenheim, Germany
The Kienle + Spiess Group, Europe’s leading supplier of stamped and die-cast components for electrical machinery and generators.

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Buyer(S) 1

Buyer

Sumitomo

Tokyo, Japan
Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.

DEAL STATS #
Overall 8 of 45
Sector (Metals/Mining) 2 of 4
Type (Add-on Acquisition) 5 of 23
Country (Germany) 1 of 2
Year (2013) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-04 Sutton and East Surrey Water

Redhill, United Kingdom

Sutton and East Surrey Water plc is an utilities provider involved in supplying drinking water.

Buy £165M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-13 Kyowa Hakko Europe

Dusseldorf, Germany

Kyowa Hakko cosmetic ingredients, vitamins and moisturising agents for hair and skin care products to consumers across Europe and the Middle East.

Buy -

Seller(S) 1

SELLER

BAVARIA Industries Group

Munich, Germany

Investor

Category Private Equity Firm
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

BAVARIA Industries Group is a German holding company focused on distressed opportunities in the manufacturing and industrial services sectors. BAVARIA specializes in taking over and reorganizing earnings-poor and/or unprofitable enterprises. BAVARIA Industries Group was formed in 2003 and is based in Munich.

DEAL STATS #
Overall 3 of 9
Sector (Metals/Mining) 1 of 2
Type (Add-on Acquisition) 3 of 8
Country (Germany) 2 of 4
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-07 vosla

Plauen, Germany

vosla engages in the manufacturing of Automotive Lighting, Airfield Lighting, NARVA Special Lamps, Railway Lighting, and Lighting for medical applications. vosla was founded in 2012 and is based in Plauen, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-05 SIDES S.A.S.

Saint-Nazaire, France

SIDES S.A.S. engages in the development and manufacture of fire engines. The company manufactures fire extinguishing vehicles for use in airports, industrial plants and the municipal sector and has been active on the market for 60 years. In 2016 the company generated sales of around EUR 43 million.

Buy -
Mergr

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