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New Deal


Announced

Gimv to acquire Variotech from EOS Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Acquisition

plastic fabrication

Germany

Pending

Private

Majority

Cross Border

Private Equity

Friendly

Containers and Packaging

Synopsis

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Gimv, a listed European investment company, to acquire Variotech, a manufacturer of innovative workpiece carriers used in fully automated manufacturing processes for the transport and handling of components of the most varied shapes and sizes, from EOS Partners, a private equity firm. Financial terms were not disclosed. "With our range of top-quality workpiece carriers, we are in a brilliant position in a flourishing market environment with high earnings potential. We have grown strongly in the past and with the new location in Indianapolis we have laid the foundation for a successful expansion of the business in North America. We are firmly convinced that with Gimv we have made a very good choice for a successful future. Now, with a new strong partner on our side, we want to take the next steps together," Benedikt Fleig, Variotech Managing Director.

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