Reference project in the mechanical engineering sector
WINTERGERST accompanies the disposal of the MBO Group to the Japanese Komori Corporation
The MBO Group, founded in 1965 and based in Oppenweiler near Stuttgart, develops, manufactures and distributes machines for the post-processing of digital and offset printing jobs and for mailing, pharmaceuticals and other special applications.
Sell-side M&A
EUR > 50 million
2020 – 2021
Mechanical engineering
Baseline
The middle-market group of companies with six international locations and 450 employees has been undergoing restructuring since 2017 after making a steady stream of losses in the prior years.
Challenge
The strategic realignment of the Group, its complex shareholder structure and its international alignment meant that intensive support had to be given to interested parties. Finding a buyer with a long-term philosophy and forward-looking strategy was extremely challenging.
Solution
The initiation of an international marketing process was aimed at securing all the distribution and production locations of the MBO Group and retaining the entire workforce of 450 employees. With the Japanese Komori Corporation an ideal strategic partner was found owing to the perfect match between the firms in the development of post-press processing. The new strategic partner secures the future of the company for the long term while granting the former shareholders a minority holding.
„As a family-owned business, the strategic approach of Komori and its long-term philosophy based on family traditions were compelling arguments that won us over. We would like to thank the WINTERGERST team for their energy and high level of professionalism at steering this complex transaction process.“
Renate Binder
Representing the family of former shareholders