Munich \u2014 The uvex group (uvex), a leading global family-owned company in the field of protec\u00adtion and safety products for work, sport and leisure, announ\u00adces that Warburg Pincus, a pioneer among growth-orien\u00adted private equity firms, will acquire a majo\u00adrity stake in the company. The share\u00adhol\u00adder fami\u00adlies Winter and Grau will retain a signi\u00adfi\u00adcant mino\u00adrity stake and will conti\u00adnue to actively shape the company\u2019s growth trajec\u00adtory. \u2014 Kirk\u00adland & Ellis advi\u00adsed Warburg Pincus on the acqui\u00adsi\u00adtion of a majo\u00adrity stake in Uvex Winter Holding GmbH & Co KG (\u201cuvex\u201d) <\/p>\n
Since its foun\u00adda\u00adtion in 1926 by Phil\u00adipp M. Winter, who began manu\u00adfac\u00adtu\u00adring safety eyewear in his \u201cOpti\u00adsche-Indus\u00adtrie-Anstalt\u201d, uvex has deve\u00adlo\u00adped into one of the worl\u00add\u2019s leading specia\u00adlists in the field of occu\u00adpa\u00adtio\u00adnal safety and sport. The guiding prin\u00adci\u00adple \u201cprotec\u00adting people\u201d is both a mission and a respon\u00adsi\u00adbi\u00adlity. uvex deve\u00adlops, produ\u00adces and distri\u00adbu\u00adtes high-quality and inno\u00adva\u00adtive products and services to protect people at work, during sport and in their leisure time. <\/p>\n
The uvex group posi\u00adti\u00adons itself as an inno\u00adva\u00adtion leader in the premium segment and its products meet the highest quality stan\u00addards, offe\u00adring the best wearing comfort through unique tech\u00adno\u00adlo\u00adgies and inspi\u00adring design. With Warburg Pincus as a new part\u00adner, the uvex group will conti\u00adnue to drive inter\u00adna\u00adtio\u00adnal growth, selec\u00adtively expand its premium range and deve\u00adlop new busi\u00adness areas. The group will also conti\u00adnue to acce\u00adle\u00adrate growth through stra\u00adte\u00adgic acqui\u00adsi\u00adti\u00adons and thus build on its previous successes
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Michael Winter, Mana\u00adging Part\u00adner and CEO of the uvex group, <\/strong>comm\u00adents: \u201c100 years of the brand promise \u2018protec\u00adting people\u2019 is a commit\u00adment. As a respon\u00adsi\u00adble family busi\u00adness in its fourth gene\u00adra\u00adtion, we want to shape the next phase of the company\u2019s deve\u00adlo\u00adp\u00adment with a strong growth part\u00adner in order to further increase the resi\u00adli\u00adence of our group in the future and remain the first choice for our custo\u00admers. We are convin\u00adced that we have found such a growth part\u00adner in Warburg Pincus Tobias Weid\u00adner <\/strong>(photo \u00a9 Warburg Pincus), Mana\u00adging Direc\u00adtor at Warburg Pincus<\/strong>, says: \u201cWe congra\u00adtu\u00adlate the Winter and Grau fami\u00adlies, who have built uvex into a successful company with an excel\u00adlent brand over the past 100 years. We look forward to working with them and conti\u00adnuing on this path toge\u00adther. Our goal is to deve\u00adlop uvex into the global market leader for protec\u00adtive equip\u00adment and to make uvex premium products acces\u00adsi\u00adble to more people worldwide.\u201d <\/p>\n The tran\u00adsac\u00adtion is subject to the usual regu\u00adla\u00adtory approvals.<\/p>\n Since its foun\u00adda\u00adtion in 1926, uvex has deve\u00adlo\u00adped into one of the worl\u00add\u2019s leading specia\u00adlists in the field of occu\u00adpa\u00adtio\u00adnal safety and sport. The company deve\u00adlops, produ\u00adces and distri\u00adbu\u00adtes high-quality and inno\u00adva\u00adtive products and services to protect people at work, during sport and leisure acti\u00advi\u00adties. uvex is repre\u00adsen\u00adted by 49 bran\u00adches in 23 count\u00adries, has over 3,000 employees and produ\u00adces in its own factories. <\/p>\n <\/p>\n
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