M&A Deal Summary

Wasco Energy Group of Companies Acquires Eupec

On February 15, 2017, Wasco Energy Group of Companies acquired energy services and equipment company Eupec Gmbh from mutares AG for 20M EUR

Acquisition Highlights
  • This is Wasco Energy Group of Companies’ 1st transaction in the Energy Services and Equipment sector.
  • This is Wasco Energy Group of Companies’ 0th largest (disclosed) transaction.
  • This is Wasco Energy Group of Companies’ 1st transaction in Germany.

M&A Deal Summary

Date 2017-02-15
Target Eupec Gmbh
Sector Energy Services and Equipment
Buyer(s) Wasco Energy Group of Companies
Sellers(s) mutares AG
Deal Type Add-on Acquisition
Deal Value 20M EUR

Target

Eupec Gmbh

Warstein, Germany
EUPEC Germany is a non-operating company that owns a concrete weight coating plant for gas pipelines in Mukran, Germany. Company provides its products for energy systems, transportation, automation, domestic appliances, regenerative energy, and automobile industries.

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Buyer(S) 1

Buyer

Wasco Energy Group of Companies

Kuala Lumpur, Malaysia

website


Category Company
SectorEnergy Services and Equipment
DESCRIPTION

Wasco Energy services the global oil and gas industry and is committed to providing reliable and competitive products, services and solutions to all the markets that serve. Headquartered in Malaysia, Wasco Energy's strength and track record in Asia, as well as wide network of international operations and facilities allow us to effectively service the specialized and stringent needs of the global energy industry.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

mutares AG

Munich, Germany

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2008
SizeSmall
Type Sector Agnostic
DESCRIPTION

mutares AG (MUX:Berlin) is a publicly traded German holding group that acquires controlling stakes in small and medium-sized companies. mutares looks for businesses facing special situations, such as non-core divestitures, succession issues, or in need of restructuring. Target companies generally have at least €10 million in revenues. mutares does not have any sector preferences. mutares AG was formed in 2008 and is based in Munich.


DEAL STATS #
Overall 5 of 9
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Germany) 2 of 4
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-10 Aperam SA - Stainless Services & Solutions Tubes Business

France

Aperam SA - Stainless Services & Solutions Tubes Business is a manufacturer of pipes and fittings, due to the strong synergy potential coming from the complementarity of product range and customers, and its geographical proximity.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-26 Fertigungstechnik Weißenfels GmbH

WeiBenfels, Germany

Fertigungstechnik Weißenfels GmbH develops, manufactures and distributes highly accurate and dynamic NC rotary table systems and special devices for the machine tool industry.

Sell -