Finatem sells Schollenberger Group to French Socotec
Frankfurt am Main — Finatem, a leading independent investment company focusing on German medium-sized companies, sells SCHOLLENBERGER Kampfmittelbergung GmbH (“Schollenberger” or “Schollenberger Group”) to SOCOTEC Group, Guyancourt, France (“SOCOTEC” or “SOCOTEC Group”). The SOCOTEC Group is one of the leading European service providers in the field of measurement, testing and certification of construction and infrastructure projects. SOCOTEC generates annual sales of EUR 700 million in 25 countries with 200,000 customers and employs around 7,000 people. Dr. Boris Töller and Klaus Löhle will continue to be responsible for the management of the Schollenberger Group after the takeover by SOCOTEC.
The Schollenberger Group, with around 400 employees at its headquarters in Celle and 8 other locations, is the market leader in Germany and Austria in the field of civilian explosive ordnance disposal. The group offers its customers all services related to the technical exploration and uncovering of warfare agents in endangered areas. In Germany and Austria, it is a compulsory legal obligation for the developer to ensure that the soil is free of explosive ordnance before any work is carried out.
In 2016, the Schollenberger Group was acquired by Finatem and the managing directors of the Schollenberger Group Klaus Löhle and Dr. Boris Töller, as part of a management buy-out from the Celler Brunnenbau Group, and was supplemented in 2018 by GeoFact GmbH, Bonn, which specializes in geophysical analysis services. “Our common goal was to develop Schollenberger into the clear market and, above all, quality leader in the field of explosive ordnance disposal,” Finatem partner Eric Jungblut points out. “Together with Finatem, we at Schollenberger have introduced industrial standards in the areas of sales and resource management and controlling that are leading and trend-setting in the explosive ordnance disposal industry,” elaborates Dr. Boris Töller, managing partner of the Schollenberger Group.
“The positive development of the Schollenberger Group is another example of our successful investment and value enhancement strategy. We focus our investments on companies with unique selling propositions and absolute quality standards in growing markets, where we see development potential that we can leverage together,” explains Finatem Managing Director Dr. Robert Hennigs .
The parties have agreed not to disclose the details of the transaction.
Company Profile Finatem
As an independent partner-managed investment company based in Frankfurt, Finatem invests in companies with business activities or know-how, particularly in Germany, Austria and Switzerland, through majority shareholdings. The focus is on medium-sized companies from traditional industries with a sales volume of between EUR 25 million and EUR 125 million and a clear growth potential. With its existing extensive national and international experience in private equity and industry, Finatem is a reliable partner for its portfolio companies and supports them in the challenges of market globalization.