Finatem sells Techno-Physik-Group to Leonhard Moll AG(PresseBox) ( Frankfurt am Main, )
The Techno-Physik-Group, based in Essen, is a world-leading system supplier of high-quality thermal insulation and fire protection products for industrial applications, in the shipbuilding and construction industry. In the area of vermiculite based products the group is the world’s largest supplier.
In 2010, the business group was taken over by Finatem as well as managing directors of the Techno-Physik-Group, Uwe Balshüsemann and Jörg Becker, as part of a management buy-out from the E.G.O Blanc and Fischer-Group. Since then the Techno-Physik-Group has grown to become the world’s only full-range supplier of thermal insulation and fire protection products based on vermiculite. “The topics fire protection and thermal insulation are becoming increasingly important all over the world. Especially solutions that are based on natural products - environmentally friendly and not health-endangering - are increasingly in demand,” says Uwe Balshüsemann, the Managing Partner of the Techno-Physik-Group, and adds: “In this growing market, we are ideally positioned with our products, primarily based on natural resources.”
“In cooperation with the management we have expanded the Techno-Physik-Group in recent years to become the leader in this market niche”, says Eric Jungblut, Partner at Finatem. “In 2012 we acquired Hoffmann Wärmetechnik GmbH, established in Werdohl, which specialises in press-moulded parts. This was an important step towards becoming a fully integrated supplier.”
“The development of the Techno-Physik-Group is a further example of our sustainable investment strategy. We focus our investments on niche players with unique features and high quality standard in growing markets”, underlines Finatem founding partner Christophe Hemmerle. “In Leonhard Moll, we are pleased to have found a buyer for Techno-Physik, who will continue to grow the company with its excellent reputation and long-term strategy of industrial applications in the construction supply sector”, confirms investment manager Felix Rieder.
The parties have agreed to maintain confidentially about details of the transaction.