In the systematically prepared sales process, investors in the surface treatment sector were approached from December 2019 onwards. The high level of interest from international investors was surprising. The reasons for this were, in particular, the most modern phosphating plant in Europe and the takeover of a plant with excellent skilled workers that had been approved with high environmental requirements. The takeover contract was ready to be signed at the end of February, when the Corona crisis threw the business and financing plan overboard and the transaction had to be cancelled. Once again, Corona crisis stable strategists were approached and finally, after intensive negotiations, the deal was closed.
Verzinkerei Rentrop GmbH, Plettenberg, has its origins in the hot-dip galvanizing plant founded by Otto Rentrop in 1929. In addition to hot-dip galvanizing, the company’s range of services also includes electrogalvanizing, phosphatizing and numerous additional pre-, post- and additional treatments.
Further information on M&A-mandates of SMB Consultants:
SMB Consultants accompany their clients as M&A advisors for family businesses, banks and asset managers. The operational experience of more than 50-man years of M&A business leads to sometimes unconventional transaction models and complementary industry solutions, often with investors who were not even looking for an acquisition.
Typical projects are the acquisition or sale of investments, including private equity funds. Interim management is offered in the M&A context before or after a transaction.
Examples of sales are Loesche Automatisierungstechnik, w+w Metalltechnik, ME Components or the laboratory equipment supplier BIOSCAPE, each to strategic investors worldwide. For banks and insurance companies, private equity fund shares or NPL portfolios that no longer fit into the core business were sold. In addition, banks are supported in streamlining their global investment portfolios, with sales from the portfolio as well as mergers, liquidations and trustee solutions for balance sheet contraction being implemented.
Current Sell side mandates: Precision turned parts supplier automotive; international equity fund manager; catering company; engineering company train infrastructure; food production.
Current Buy side mandates: driver assistance systems, waste/water treatment, fine wire production, NPL/ non-performing loan portfolios.