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Kloepfel Group Wagramer Strasse 4/6 1220 Wien, Austria https://www.kloepfel-group.com
Contact Mr Christopher Willson +49 211 88259323
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Kloepfel Group

Kloepfel Corporate Finance exclusively advised the shareholder of Geissler Präzisionserzeugnisse GmbH on the sale to Austrian based Hirschmann Automotive GmbH

(PresseBox) (Munich, )
Kloepfel Corporate Finance has acted as exclusive financial adviser to the shareholder of Geissler Präzisionserzeugnisse GmbH (Geissler) on the sale of 100% of the share capital to Austrian based Hirschmann Automotive GmbH (Hirschmann).

Geissler has been widely recognized as a specialist for high-precision stamping components in the automotive industry. The roots of the company – run by the 3rd generation - date back to 1929. Geissler is specialized in development and production of high volume stamped & hybrid components and connectors. Geissler achieved a turnover of € 10 m in 2017 and employs approx. 60 employees at its headquarters in Gauting, near Munich. Geissler will remain an independent company within Hirschmann.

With the acquisition of Geissler, Hirschman is gaining strategically important competences in the high-precision fine-stamping technology. This enables Hirschmann to become a system provider in the field of complex connector systems. Hirschmann had been looking for years to enter the fine-stamping technology. By bundling the competences of both companies, long-term strategic advantages are achieved. “With the acquisition of Geissler, Hirschmann has increased its vertical production range and thus also its independence from external suppliers.” Volker Buth, CEO & Thomas Mayer, CFO Hirschmann. With this transaction, Hirschmann continues its expansion story. Hirschmann has currently 5,000 employees worldwide generating sales of € 340 m in 2017 (+ 13% compared to 2016).

„Kloepfel Corporate Finance has given me excellent advice in all relevant business, financial and process-tactical aspects of the sales process with great commitment and dedication. With a profound industry knowledge, potential investors could be quickly identified. Thanks to many years of M&A experience and a trustful cooperation, the right buyer could be identified. With the right negotiating skills, it was possible to achieve an outstanding result in all important aspects in such a complex and time-consuming transaction. I’d like to thank the team of Kloepfel Corporate Finance for their support, advice and encouragement during the entire process.” Florian Geissler, managing shareholder Geissler.

Kloepfel Corporate Finance structured a competitive global M&A process to elaborate the ideal solution for the shareholders and right strategic partner for Geissler. This included providing advisory expertise and managing the preparatory, marketing, due diligence phases and negotiation of the transaction.

Geissler Präzisionserzeugnisse GmbH
For additional information on Geissler: www.geissler-precision.com

Hirschmann Automotive GmbH:
For additional information on Hirschmann: www.hirschmann-automotive.com

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.