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]
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