ATH Altonaer-Technologie-Holding acquires Coatema Coating Machinery
Hamburg — With the support of Heuking Kühn Lüer Wojtek ’s M&A team, Hamburg-based ATH Altonaer-Technologie-Holding GmbH — owner of KROENERT GmbH & Co KG — acquired all shares in Coatema Coating Machinery GmbH, based in Dormagen. The parties have agreed not to disclose the purchase price.
KROENERT and Coatema are machine and plant manufacturers in the coating and converting industry and global leaders in their respective market segments. The merger of the companies under ATH creates an alliance with a broad product portfolio for coating applications and high innovative strength.
Both companies and brands will remain independent and continue to operate from their respective locations. Thus, the previous managing partners Dr. Andreas Giessmann and Detlef Dieke will also continue to act as managing directors of Coatema.
Dr. Tarik Vardag, Managing Director of ATH and KROENERT, emphasizes: “As a leading manufacturer of customized coating and laminating systems, the merger will enable us to further expand our international market position and, above all, set new technological standards. We are convinced by Coatema’s product range and innovative strength, which are supported in particular by the close networking with research and development facilities. KROENERT and Coatema complement each other ideally and I am very pleased about the future cooperation.”
Under the umbrella of ATH Altonaer-Technologie-Holding GmbH, the companies KROENERT, DRYTEC and ZAE provide innovative technologies, efficient machines and drive systems for customers worldwide. ATH is headquartered in Hamburg and employs a total of around 390 people.
The consultancy was carried out in cooperation with ECOVIS Hanseatische Mittelstands Treuhand GmbH (WP/StB Dr. Hans-Werner Kortmann and WP/StB Astrid Busch).
Advisor ATH: Heuking Kühn Lüer Wojtek
Dr. Stefan Duhnkrack, Photo (Lead Partner / M&A),
Dr. Hans Henning Hoff (Corporate, Real Estate),
Dr. Stefan Bretthauer (Commercial),
Dr. Christina Etzel (Public Law),
Dr. Johan-Michel Menke, LL.M. (labor law), all Hamburg
Dr. Anton Horn (IP), Düsseldorf