October 2014 VR Corporate Finance advises Winkelmann Group on

October 2014
Acquisition of 100% of the shares in
VR Corporate Finance advises Winkelmann
Group on the acquisition of SINUS Group
Closing pending
Winkelmann Group acquires 100% of the shares in SINUS Group from its
shareholders Wolfgang Strautmann and Thomas Meyer-Lüters. VR Corporate
Finance GmbH, the M&A advisory entity of the German cooperative banking
group FinanzGruppe Volksbanken Raiffeisenbanken, advised the buyer as
exclusive M&A advisor during the bilateral sale process. “We were able to use
our network to gain access to the shareholders, raise their interest in entering
into negotiations and subsequently ensure a swift and discreet transaction
process that led to a strategically viable and sustainable combination of two
innovative companies with similar corporate cultures”, explains Martin Petsch,
Head of Industrials & Automotive and Member of the Management Board of VR
Corporate Finance GmbH.
SINUS Group, headquartered in Wettringen (Germany) and with production and
sales sites in Poland, Hungary, Canada and Austria, is a leading European
supplier of intelligent manifold solutions to the plant engineering sector. The
company counts renowned OEMs and trading groups of the heating and air
conditioning industry to its customers. Custom-built buffer storage vessels and
tanks complete the comprehensive and partly patented product offering of
hydraulic plant components.
Transaction Team
Martin Petsch
Head of Industrials & Automotive
Member of the Management Board
T: +49 211 9598 - 7054
[email protected]
Benedikt Fischer
Associate
T: +49 211 9598 - 7061
[email protected]
Managing Directors
Markus Loy (Spokesman)
Oliver Rogge
“We would like to welcome all SINUS employees to the Winkelmann Group and
are convinced to offer them a promising strategic perspective under our umbrella.
Jointly, we will continue the company’s successful development, both nationally
and internationally”, says Heinrich Winkelmann, CEO and partner of Winkelmann
Group. The acquisition enables Winkelmann Group to access a complementary
product field for its business unit REFLEX Winkelmann Heating + Water. With
REFLEX as its brand name, the unit has developed to become a leading
solutions provider for the heating and hot water supply established in many
countries worldwide. “SINUS together with its brand will continue to be a standalone entity within our business unit REFLEX Winkelmann Heating + Water.
Innovative technology, quality and strong brand recognition will further strengthen
our market position and enable us to seize new business opportunities among
heating manufactures and planners in and outside Germany”, remarks HeinzJürgen Buss, managing director of Winkelmann Group.
About us
VR Corporate Finance GmbH, with
offices in Duesseldorf, Frankfurt
and Hamburg, is an M&A specialist
for the predominantly ownermanaged Mittelstand. We advise
clients on all equity-related
matters, including the sale,
acquisition or merger of a
business, company succession
planning, as well as structuring the
finance of an acquisition. As a joint
venture of DZ BANK AG and WGZ
BANK AG, we are a member of the
cooperative banking group FinanzGruppe Volksbanken
Raiffeisenbanken. The two
controlling institutions are the
central banks of around 1,100
Volks- and Raiffeisenbanken in
Germany. Sector expertise, the
regional focus, international
network and team size make VR
Corporate Finance one of the
leading German M&A advisors. VR
Corporate Finance is the exclusive
German partner to the MidCap
Alliance, an international network
of Corporate Finance advisors with
a midmarket approach. Until
January 2014
VR Corporate Finance operated
under the name of VR
Unternehmerberatung.
The transaction is expected to be completed this year and is subject to antitrust
approval.
Homepage
www.vr-cf.de
With its three business units Automotive, Heating + Water and Driveline
Components, the Winkelmann Group is one of the leading groups of companies
in the field of metal forming for well-known customers from a wide range of
industries. In its forth generation, the owner-run family business now employs
about 3,000 people at its worldwide locations and generated sales revenue of
more than EUR 500 million in the last fiscal year.
VR Corporate Finance GmbH
Bleichstrasse 14
40211 Duesseldorf
T: +49 211 9598 - 7050
Platz der Republik 6
60235 Frankfurt am Main
T: +49 69 7447 - 92471
Rosenstrasse 2
20095 Hamburg
T: +49 40 40119 - 8300
www.vr-cf.de
[email protected]