IMAP advises Trumpler Group on the acquisition of Langro-Chemie

17. Octo­ber 2018

Mann­heim — The Trump­ler Group, based in Worms, Germany, has signed an acqui­si­tion agree­ment with Langro-Chemie Theo Lang GmbH in Stutt­gart. The globally present specia­list for leather chemi­cals plans to fully acquire the acti­vi­ties of Langro-Chemie as well as all employees as of Janu­ary 1, 2019. Toge­ther with Langro-Chemie, the Trump­ler Group will further expand its product range and presence in the global leather proces­sing market, while the Langro-Chemie brand will be continued.

Thus, two family-owned compa­nies rich in tradi­tion are joining forces: In June 2018, Trump­ler cele­bra­ted its 150th anni­ver­sary, while Langro-Chemie, for its part, has more than 85 years of expe­ri­ence in leather finis­hing. Trump­ler is a global supplier of chemi­cal products for the leather and paper indus­try with subsi­dia­ries in Spain, China, Italy, France, Brazil and Mexico. The Group offers the leather market an exten­sive range of tree house products, fatli­qu­ors and dyes, as well as auxi­lia­ries and dyes for paper.

Toge­ther with Langro-Chemie, which also has an inter­na­tio­nal presence, the Trump­ler Group gene­ra­tes sales of around 120 million euros and employs around 380 people.

Hein Vugs and Joachim Müller-Damerau, Mana­ging Direc­tors of Trump­ler, comment on the deve­lo­p­ment into a system provi­der: “This merger is a unique oppor­tu­nity for us to streng­then our posi­tion in finis­hing and to conti­nue to offer our custo­mers high-quality tech­ni­cal solu­ti­ons for this in the future.”

An IMAP team led by Peter A. Koch (Part­ner), Chris­toph Gluschke (Direc­tor) and Phil­ipp Noack (Asso­ciate) advi­sed the Trump­ler Group on this acquisition.

About IMAP
Foun­ded in 1973, IMAP is one of the most expe­ri­en­ced and largest Mergers & Acqui­si­ti­ons orga­niza­ti­ons in the world with offices in 35 count­ries. More than 450 M&A advi­sors in inter­na­tio­nal sector teams specia­lize in corpo­rate sales, cross-border acqui­si­ti­ons and stra­te­gic finan­cing issues. Its clients are prima­rily family-owned compa­nies from the midmar­ket, but also include large natio­nal and inter­na­tio­nal corpo­ra­ti­ons as well as finan­cial inves­tors, family offices and insti­tu­tio­nal inves­tors. World­wide, IMAP accom­pa­nies about 200 tran­sac­tions per year with a total volume of more than USD 10 billion.

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