Exit for Credo Partners: Haniel acquires Optimar
Duisburg/ Cologne — With a team led by Dr. Pär Johansson, Heuking Kühn Lüer Wojtek advised Franz Haniel & Cie. GmbH (Haniel) on the acquisition of Optimar, a leading supplier of automated fish processing systems. The sellers are the Norwegian financial investors Credo Partners and the company’s management. The existing management team around CEO Håvard Sætre will continue to run Optimar as part of the Haniel Group. With this acquisition, Haniel is further expanding its portfolio in an innovative business area.
Haniel, headquartered in Duisburg, is a German family-owned company. There are currently six divisions in the Haniel portfolio: BekaertDeslee, CWS-boco, ELG, Optimar, ROVEMA and TAKKT. In addition, there are financial investments in Ceconomy and Metro. With over 13,800 employees, the Haniel Group generated €3.6 billion in revenue in 2016.
Optimar is a fast-growing Norwegian premium supplier of automated fish processing systems. The company develops, manufactures and installs solutions for use on ships, on land and for aquaculture. Over the past two years, the company, headquartered in Ålesund on Norway’s west coast, has grown strongly, generating sales of approximately €115 million in 2017.
Advisor Franz Haniel & Cie. GmbH: Heuking Kühn Lüer Wojtek
Dr. Pär Johansson (Lead Partner),
Dr. Christoph Schork, LL.M.,
Tim Remmel, LL.M. (all Corporate/M&A), all Cologne
Dr. Frederik Wiemer (Antitrust Law), Hamburg