Announced
Completed
Synopsis
VORSPRUNG, an advisory and investment firm, completed the acquisition of Hermann Maschinenbautechnologie, a manufacturer of hydraulic steelwork structures. Financial terms were not disclosed. “Günther Hastaedt and Hans Hermann are exceptional entrepreneurs, who have built a market leader from scratch. We are happy to join them, helping in the further growth and expansion of the waterlock business segment. The combination of building mission critical infrastructure with a strong ESG focus is unusual and we are pleased to have found valuable co-investor families who will jointly develop the company with us," Florian Lahnstein, VORSPRUNG Founder and Managing Partner.
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