TRANSACTION

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March 2013

Deutsche Beteiligungs AG Acquires Stephan Machinery GmbH from the IMA Group

Bologna/Frankfurt am Main, March 22, 2013. Through its subsidiary Corazza S.p.A., the IMA Group is selling all of its shares in Stephan Machinery GmbH to funds managed by Deutsche Beteiligungs AG (DBAG). The transaction is subject to antitrust approval. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of Deutsche Beteiligungs AG.

INVESTOR

Deutsche Beteiligungs AG

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TARGET

Stephan Machinery GmbH

Headquarters
Hameln (Germany)
Additional Information
Revenue for 2012: €42.9 million | EBITDA for 2012: €6.1 million
Seller
IMA Group (über Corazza S.p.A.)
Transaction
Acquisition of all shares; equity value of €40.4 million, paid in full upon closing; subject to antitrust approval

ABOUT THE COMPANY

Stephan Machinery GmbH

Stephan Machinery GmbH, based in Hameln, manufactures integrated processing systems for the dairy and convenience food industries. The company joined the IMA Group in February 2011 through the acquisition of the Sympak Corazza Group and generated revenue of 42.9 million euros in 2012, with EBITDA of 6.1 million euros.

ABOUT THE INVESTOR

Deutsche Beteiligungs AG

Deutsche Beteiligungs AG (DBAG) is one of Germany's oldest private equity firms, headquartered in Frankfurt am Main, and has previously been active in the process engineering sector for the food industry.

OUR ROLE

Commercial Due Diligence

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