Acquisition at ADCURAM: Grating specialist ASM becomes part of the MEA Group
Munich — Only a few months after the takeover by the Munich-based industrial holding ADCURAM, the MEA Group has realized an important acquisition: With Adolf Schreiber GmbH (ASM) from Münsingen, a tradition-rich specialist supplier becomes part of the international construction supplier headquartered in Aichach. The transaction has already been completed; the parties have agreed not to disclose details.
ASM, the former Adolf Schreiber Metallwarenfabrik, was founded in 1872 and focused on the production of high-quality gratings made of steel and stainless steel more than 50 years ago. Numerous national and international customers from industry, plant engineering and construction rely on the company’s experience and high quality standards. ASM produces gratings for them individually in different sizes, material thicknesses and mesh widths on modern equipment.
As a future part of the Metal Applications business area, ASM complements MEA’s portfolio with further high-quality stainless steel gratings and contributes important automated manufacturing capacities for MEA’s steadily growing order volume.
“With the acquisition, MEA can further tighten strategic levers in terms of business expansion with existing customers, development of additional market segments, strengthening of the distribution network as well as further technological development,” says Dr. Philipp Gusinde (photo), CEO of ADCURAM Group AG and member of the advisory board at MEA. Torsten Wende, Managing Director of MEA Metal Applications adds: “We plan to expand ASM’s company site in Münsingen, Swabia, into a competence center for all of MEA’s high-quality stainless steel production. We are very pleased to welcome ASM to the MEA Group.” ADCURAM had acquired the family-owned company, founded in 1886, in the summer of 2018 and has since been implementing an ambitious strategy for further growth and expansion. MEA employs around 700 people and, as one of the leading suppliers to the construction industry, manufactures not only special gratings but also, among other things, light wells, windows and drainage systems.
ADCURAM is a privately owned industrial group. ADCURAM acquires companies with potential and develops them actively and sustainably. For the future growth of the Group, the capital-strong industrial holding company has a total of 300 million euros available for acquisitions. With the help of its own 40-strong team of experts, the industrial holding company continues to develop the portfolio companies strategically and operationally. Together, the group generates nearly 500 million euros in sales worldwide (2017) with six holdings and over 2,500 employees.
ADCURAM sees itself as an entrepreneurial investor and invests in succession plans and corporate spin-offs. www.adcuram.com
The MEA Group is an international group of companies with over 130 years of experience in the market, worldwide activities and production sites in France, the Czech Republic, Romania and China. Innovative products and solutions make the MEA Group one of the leading suppliers to the construction industry. MEA offers its customers a wide range of products for basement construction and drainage applications as well as a comprehensive range of gratings. The motto: “BUILDING SUCCESS”. MEA solutions make construction professionals’ jobs easier, faster and safer, helping them achieve real productivity gains.