TRANSACTION

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May 2021

WMS supports succession solution at SIMPEX HYDRAULIK Group

Leipzig, May 11, 2021. As part of a succession plan due to the founder’s retirement, the WMS Wachstumsfonds Mittelstand Sachsen, together with the management team, is acquiring all shares in the SIMPEX HYDRAULIK Group from founder Rolf Schmolz. Ilkka Matinpalo will serve as the future CEO. Androschin & Partner (A&P) advised on the transaction and conducted commercial due diligence on behalf of WMS.

INVESTOR

WMS Wachstumsfonds Mittelstand Sachsen (mit CFH-Co-Investment)

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TARGET

SIMPEX HYDRAULIK-Gruppe

Headquarters
New Headquarters in Leipzig
Founded
1975
Employees
~230
Additional Information
Revenue: ~25 million euros
Seller
Rolf Schmolz (Gründer und Mehrheitsgesellschafter)
Transaction
Acquisition of all shares as part of an age-related succession plan

ABOUT THE COMPANY

SIMPEX HYDRAULIK-Gruppe

The SIMPEX HYDRAULIK Group was founded in 1975 and is one of the leading companies in the German hydraulics, pneumatics, and lubrication technology industries. With 230 employees at 14 locations, the group most recently generated revenue of approximately 25 million euros; going forward, the group will be managed from its new headquarters in Leipzig.

ABOUT THE INVESTOR

WMS Wachstumsfonds Mittelstand Sachsen (mit CFH-Co-Investment)

WMS Growth Fund for Small and Medium-Sized Enterprises in Saxony (fund size: 85 million euros) is an equity investment partner based in Leipzig that focuses on small and medium-sized enterprises in eastern Germany.

OUR ROLE

Commercial Due Diligence

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