Franz Haniel & Cie. GmbH
Franz Haniel & Cie. GmbH: ROVEMA enhances Haniel portfolio (news with additional features)
DGAP-News: Franz Haniel & Cie. GmbH / Key word(s): Takeover ROVEMA enhances Haniel portfolio
Leading manufacturer of packaging machines strives for further growth with Haniel Duisburg, 1 December 2017. After receiving approval from the responsible antitrust authorities, Franz Haniel & Cie. GmbH (Haniel) acquired a full stake in ROVEMA GmbH from ROVEMA’s management team and HQ Equita, HQ Capital’s mid-cap buyout firm, on 30 November 2017. ROVEMA is a leader in the development, manufacturing, maintenance and modernisation of packaging machines and systems. Joining the Haniel holding company offers the company a prime opportunity for continued long-term development. The current CEO, Thomas Becker, will continue to helm ROVEMA as its managing director. The company, which is headquartered in Fernwald, Hesse, and has branches and sales subsidiaries in more than 50 countries, is expected to generate revenue of approximately EUR 100 million in 2017. “ROVEMA’s business model is unique in that it combines technological savvy with customer proximity, while providing top-quality hygienic and innovative packaging solutions. ROVEMA is a renowned innovator in this business segment, keeps in step with global megatrends and has enormous potential for growth – both organically and through acquisitions”, emphasises Haniel CEO Stephan Gemkow. Management to leverage growth prospects Managing director Thomas Becker and the management team will continue to lead the company while working with Haniel to drive forward its rapid, structured growth. ROVEMA will be included in Haniel’s consolidated financial statements beginning from December 2017. The parties have agreed to keep the purchase price and other contractual specifics confidential. Wide range of packaging machines The innovative company with some 600 employees is a leading manufacturer of dosing, filling, sealing, cartoning and final packaging machines. ROVEMA has positioned itself in the market as a provider of end-to-end solutions: from development and manufacturing to consulting and project management through to installation and acceptance, the company’s priority is focussed on its partnerships with customers. The company’s range of services also includes complete refurbishment of used packaging machines as well as other services. More information: https://www.haniel.de/en/press/news-update/ Contact: Dietmar Bochert Director Corporate Communications Tel.: +49 203 806-578 E-Mail: DBochert@haniel.de Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=GDOUVJSEIN Document title: PR_ROVEMA_Closing
01.12.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Franz Haniel & Cie. GmbH |
Franz-Haniel-Platz 1 | |
47119 Duisburg | |
Germany | |
Phone: | +49 (0)203 806 578 |
Fax: | +49 (0)203 806 80 578 |
E-mail: | dbochert@haniel.de |
Internet: | www.haniel.de |
ISIN: | XS0482703286, XS0459131636 |
WKN: | 601960, A1A6NE |
Listed: | Regulated Unofficial Market in Frankfurt, Stuttgart |
End of News | DGAP News Service |
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