


{"id":42681,"date":"2019-02-21T18:06:21","date_gmt":"2019-02-21T16:06:21","guid":{"rendered":"https:\/\/newserver.fyb.de\/secondary-equistone-acquires-majority-stake-in-rena-from-capvis\/"},"modified":"2019-02-21T18:06:21","modified_gmt":"2019-02-21T16:06:21","slug":"secondary-equistone-acquires-majority-stake-in-rena-from-capvis","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/secondary-equistone-acquires-majority-stake-in-rena-from-capvis\/","title":{"rendered":"Secondary: Equistone acquires majority stake in RENA from Capvis"},"content":{"rendered":"<p>Munich\/G\u00fctenbach \u2014 <strong>Funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe<\/strong> (\u201cEquis\u00adtone\u201d) acquire a majo\u00adrity stake in <strong>RENA Group<\/strong>. The company, head\u00adquar\u00adte\u00adred in G\u00fcten\u00adbach in the Black Forest, builds tech\u00adno\u00adlo\u00adgi\u00adcally advan\u00adced equip\u00adment for wet-chemi\u00adcal surface treat\u00adment and employs around 800 people world\u00adwide. The <strong>sellers are funds advi\u00adsed by Capvis AG<\/strong>. The manage\u00adment team around RENA CEO Peter Schnei\u00adde\u00adwind is also taking a stake in the company as part of the change of owner\u00adship, ther\u00adeby commit\u00adting itself to RENA for the long term. The parties have agreed not to disc\u00adlose details of the tran\u00adsac\u00adtion. The sale is still subject to appr\u00adoval by the rele\u00advant anti\u00adtrust authorities.<\/p>\n<p>RENA was foun\u00added in 1993 and is the leading global equip\u00adment manu\u00adfac\u00adtu\u00adrer in the field of wet-chemi\u00adcal surface treat\u00adment. The globally active high-tech company addres\u00adses custo\u00admers from the semi\u00adcon\u00adduc\u00adtor sector, medi\u00adcal tech\u00adno\u00adlogy as well as the rene\u00adwa\u00adble energy indus\u00adtry and glass proces\u00adsing. With three produc\u00adtion and R&amp;D sites in Germany and Wikroty, Poland, and sales and service loca\u00adti\u00adons in Asia, for exam\u00adple in China and Singa\u00adpore, as well as in North America, the company has a strong inter\u00adna\u00adtio\u00adnal presence. RENA recently achie\u00adved an annual produc\u00adtion output of over 120 million euros.<\/p>\n<p>Toge\u00adther with Equis\u00adtone, RENA aims to conti\u00adnue to grow in exis\u00adting segments and expand its tech\u00adno\u00adlo\u00adgi\u00adcal market leader\u00adship. The company\u2019s prono\u00adun\u00adced strength in rese\u00adarch and deve\u00adlo\u00adp\u00adment will conti\u00adnue to be a key buil\u00adding block for this in the future. In addi\u00adtion, part\u00adner\u00adships with exis\u00adting custo\u00admers are to be inten\u00adsi\u00adfied and new custo\u00admer groups are to be deve\u00adlo\u00adped for RENA\u2019s inno\u00adva\u00adtive, high-quality machi\u00adnes and systems.<\/p>\n<p>\u201cWe are impres\u00adsed by RENA\u2019s market posi\u00adtion, which is based prima\u00adrily on inno\u00adva\u00adtive tech\u00adno\u00adlogy, high quality, long-stan\u00adding custo\u00admer rela\u00adti\u00adonships as well as its strong manage\u00adment team,\u201d said <strong>Stefan Maser (photo), part\u00adner at Equis\u00adtone<\/strong>. David Zahnd, Invest\u00adment Direc\u00adtor at Equis\u00adtone, added: \u201cToge\u00adther with RENA\u2019s manage\u00adment team and employees, we intend to consis\u00adt\u00adently conti\u00adnue the company\u2019s growth trajec\u00adtory, promote rese\u00adarch and deve\u00adlo\u00adp\u00adment and expand into new markets and regions.\u201d<\/p>\n<p>Peter Schnei\u00adde\u00adwind, CEO of RENA, comm\u00adents: \u201cWe are very plea\u00adsed to have Equis\u00adtone as a relia\u00adble and finan\u00adci\u00adally strong new part\u00adner that will support our further growth. For us, this is a clear sign to secure and expand our sites. Toge\u00adther with our custo\u00admers, we will deve\u00adlop addi\u00adtio\u00adnal indi\u00advi\u00addual appli\u00adca\u00adti\u00adons and launch new intel\u00adli\u00adgent solu\u00adti\u00adons for wet-chemi\u00adcal surface treat\u00adment \u2014 worldwide.\u201d<\/p>\n<p>On the Equis\u00adtone side, Stefan Maser, David Zahnd and Tanja Berg are respon\u00adsi\u00adble for the tran\u00adsac\u00adtion. The mid-market inves\u00adtor was advi\u00adsed by <strong>goetz\u00adpart\u00adners<\/strong> (Commer\u00adcial), <strong>KPMG<\/strong> (Finan\u00adcial &amp; Tax), <strong>Latham &amp; Watkins<\/strong> (Legal), <strong>ERM<\/strong> (Envi\u00adron\u00admen\u00adtal), <strong>Sher\u00adman &amp; Ster\u00adling<\/strong> (Legal Finan\u00adcing) and <strong>GCA Altium<\/strong> (Finan\u00adcing).<\/p>\n<p><strong>About Equis\u00adtone Part\u00adners Europe<\/strong><br>\nEquis\u00adtone Part\u00adners Europe is one of Euro\u00adpe\u2019s leading equity inves\u00adtors with a team of more than 35 invest\u00adment specia\u00adlists in six offices in Germany, Switz\u00ader\u00adland, France and the UK. Equis\u00adtone prima\u00adrily invests in estab\u00adlished medium-sized compa\u00adnies with a good market posi\u00adtion, above-average growth poten\u00adtial and an enter\u00adprise value of between EUR 50 and 500 million. Since its foun\u00adding, equity has been inves\u00adted in more than 140 tran\u00adsac\u00adtions, mainly mid-market buy-outs. The port\u00adfo\u00adlio curr\u00adently compri\u00adses over 40 compa\u00adnies across Europe, inclu\u00adding around 20 active holdings in Germany, Switz\u00ader\u00adland and the Nether\u00adlands. Equis\u00adtone is curr\u00adently inves\u00adt\u00ading from its sixth fund, which closed in March 2018 with \u20ac2.8 billion at the hard cap. www.equistonepe.de<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Munich\/G\u00fctenbach \u2014 Funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe (\u201cEquis\u00adtone\u201d) acquire a majo\u00adrity stake in RENA Group. The company, head\u00adquar\u00adte\u00adred in G\u00fcten\u00adbach in the Black Forest, builds tech\u00adno\u00adlo\u00adgi\u00adcally advan\u00adced equip\u00adment for wet-chemi\u00ad\u00adcal surface treat\u00adment and employs around 800 people world\u00adwide. The sellers are funds advi\u00adsed by Capvis AG. The manage\u00adment team around RENA CEO Peter Schneidewind&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-private-equity-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Secondary: Equistone acquires majority stake in RENA from Capvis - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/secondary-equistone-acquires-majority-stake-in-rena-from-capvis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Secondary: Equistone acquires majority stake in RENA from Capvis - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Munich\/G\u00fctenbach \u2014 Funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe (\u201cEquis\u00adtone\u201d) acquire a majo\u00adrity stake in RENA Group. The company, head\u00adquar\u00adte\u00adred in G\u00fcten\u00adbach in the Black Forest, builds tech\u00adno\u00adlo\u00adgi\u00adcally advan\u00adced equip\u00adment for wet-chemi\u00adcal surface treat\u00adment and employs around 800 people world\u00adwide. The sellers are funds advi\u00adsed by Capvis AG. 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