{"id":42926,"date":"2019-08-05T20:00:31","date_gmt":"2019-08-05T18:00:31","guid":{"rendered":"https:\/\/newserver.fyb.de\/3i-portfolio-company-schlemmer-sells-sib\/"},"modified":"2019-08-05T20:00:31","modified_gmt":"2019-08-05T18:00:31","slug":"3i-portfolio-company-schlemmer-sells-sib","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/3i-portfolio-company-schlemmer-sells-sib\/","title":{"rendered":"3i portfolio company Schlemmer sells&nbsp;SIB"},"content":{"rendered":"<p>Asch\u00adheim (Munich) \u2014 Supplier <strong>Schlem\u00admer<\/strong> \u2014 a port\u00adfo\u00adlio company of private equity inves\u00adtor 3i \u2014 has streng\u00adthe\u00adned its focus on plas\u00adtic products and the auto\u00admo\u00adtive busi\u00adness by selling <strong>Schlem\u00admer Indus\u00adtry &amp; Buil\u00adding Parts<\/strong> <strong>(SIB)<\/strong>, a French subsi\u00addiary. The company intends to conti\u00adnue its growth with new products.<\/p>\n<p>Schlem\u00admer is known for its cable protec\u00adtion solu\u00adti\u00adons, fluid lines and, for some years now, battery protec\u00adtion systems. The company intends to grow further in these fields. SIB supplies mainly to DIY stores and the cons\u00adtruc\u00adtion sector and also manu\u00adfac\u00adtures metal cable glands and access\u00adories.  <strong>Schlem\u00admer Indus\u00adtry &amp; Buil\u00adding Parts<\/strong> <strong>(SIB)<\/strong> was acqui\u00adred a few days ago by <strong>Gali\u00adena Capi\u00adtal<\/strong>, a private equity firm based in France. Both parties have agreed not to disc\u00adlose the purchase price.<\/p>\n<p>\u201cIn view of the rapidly chan\u00adging markets, the clea\u00adrer posi\u00adtio\u00adning as a plas\u00adtics expert for the auto\u00admo\u00adtive indus\u00adtry is an essen\u00adtial corner\u00adstone for our success,\u201d explains Karl Krause, Presi\u00addent and CEO of the Schlem\u00admer Group. \u201cBy focu\u00adsing on our core auto\u00admo\u00adtive busi\u00adness, we will be able to offer our custo\u00admers inno\u00adva\u00adtive solu\u00adti\u00adons that are even better tail\u00ado\u00adred to them in the future and thus further drive our global growth.\u201d<\/p>\n<p>Schlem\u00admer has 22 produc\u00adtion sites and around 3,800 employees, gene\u00adra\u00adting sales of 355 million euros, inclu\u00adding around 100 million euros in China. The company has been owned by private equity inves\u00adtor 3i for around three&nbsp;years.<\/p>\n<p>In the coming months, Schlem\u00admer also plans to further expand its exper\u00adtise in the e\u2011mobility segment and vehicle infra\u00adstruc\u00adture, as well as opti\u00admize its produc\u00adtion foot\u00adprint, as part of its growth stra\u00adtegy. Among the new products Schlem\u00admer plans to grow with are fluid lines for clea\u00adning sensors on the vehicle and for battery tempe\u00adra\u00adture control, as well as battery covers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asch\u00adheim (Munich) \u2014 Supplier Schlem\u00admer \u2014 a port\u00adfo\u00adlio company of private equity inves\u00adtor 3i \u2014 has streng\u00adthe\u00adned its focus on plas\u00adtic products and the auto\u00admo\u00adtive busi\u00adness by selling Schlem\u00admer Indus\u00adtry &amp; Buil\u00adding Parts (SIB), a French subsi\u00addiary. The company intends to conti\u00adnue its growth with new products. Schlem\u00admer is known for its cable protec\u00adtion solutions,&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42941,"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-42926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-deals-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3i portfolio company Schlemmer sells SIB - 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\/3i-portfolio-company-schlemmer-sells-sib\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3i portfolio company Schlemmer sells SIB - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Asch\u00adheim (Munich) \u2014 Supplier Schlem\u00admer \u2014 a port\u00adfo\u00adlio company of private equity inves\u00adtor 3i \u2014 has streng\u00adthe\u00adned its focus on plas\u00adtic products and the auto\u00admo\u00adtive busi\u00adness by selling Schlem\u00admer Indus\u00adtry &amp; Buil\u00adding Parts (SIB), a French subsi\u00addiary. The company intends to conti\u00adnue its growth with new products. 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