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Announced

XJ Capital to invest in SCHMID Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Minority

energy storage

Germany

Private Equity

Single Bidder

Pending

Electronic Components and Equipment

advanced electronics

Private

Friendly

Synopsis

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XJ Capital, a multi-fund, multi-strategy, alternative investments platform, agreed to invest in SCHMID Group, a German-based provider of electronics, photovoltaics and energy storage solutions. Financial terms were not disclosed. "We are very pleased that we found with XJ Capital the perfect long-term partner in China with whom we can realize our joint vision in this leading market for high-tech equipment solutions," Christian Schmid, SCHMID Group Managing Director.

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