Hamburg, Waltershausen — Daetwyler has sold its civil engineering business to representatives of the existing management team. The management buy-out was supported by the Hamburg-based investment company BPE, which has specialized in transactions in the German SME sector for over 20 years (photo: BPE management team).
Daetwyler Sealing Technologies Deutschland GmbH, including the associated operating real estate, is being sold. The company combines the civil engineering business with elastomer profiles for applications in tunnels, civil engineering and track superstructures at the German site in Waltershausen. Around 180 employees generate annual sales of approximately CHF 40 million. The parties have agreed not to disclose details of the transactions.
Following the previously announced sale of the Distrelec and Nedis distribution companies, the Daetwyler Group will in future focus on high-growth, high-margin sealing components for attractive global markets such as healthcare, mobility, oil & gas, food & beverage and general industry.
About Daetwyler Holding Inc.
Datwyler is a leading provider of high-quality, system-critical elastomer components. Datwyler is focusing on high-quality, system-critical elastomer components and has leading positions in attractive global markets such as healthcare, mobility, oil & gas and food & beverage. With its recognized core competencies and technological leadership, the company delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. With a global presence with more than 20 operating companies, sales in over 100 countries and more than 7,000 employees Datwyler, headquartered in Switzerland, generates annual sales of more than CHF 1,000 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security no. 3048677).
About BPE Unternehmensbeteiligungen GmbH
Philosophy: “As a specialist in management buy-outs/ins, we have been turning managers into entrepreneurs since 1998 and strengthening, creating or safeguarding the independence and innovative strength of German SMEs.” The company’s philosophy is to provide more than just equity. The aim is to work towards optimizing the company after it has been taken over by supporting its operational management. This may include an operational and strategic realignment to be initiated by the management of the company, the identification and realization of organic and inorganic growth potential in order to sustainably increase the value of the company.