Franz Haniel & Cie. GmbH
Franz Haniel & Cie. GmbH: Haniel acquires Bekaert Textiles from Gamma Holding
Franz Haniel & Cie. GmbH / Key word(s): Acquisition/Strategic Company Decision Press Release Haniel acquires Bekaert Textiles from Gamma Holding Duisburg, 22 April 2015. Franz Haniel & Cie. GmbH (Haniel) acquires Bekaert Textiles Holding II B.V. (Bekaert Textiles) from Gamma Holding, a holding Company owned by Gilde Buy Out Partners and Parcom Capital Management (Parcom). The company specialises in the production of mattress fabrics and generated sales in excess of EUR 200 million in 2014. This makes Bekaert Textiles the world’s leading company in this market. With its business model, Bekaert Textiles is an outstanding match for Haniel’s set of acquisition criteria. Supported by global trends, the company shows potential for a long-term, sustainable growth and value creation. “As a family-equity company, Bekaert Textiles allows us a first, but important step to diversify our current portfolio”, explains Haniel CEO Stephan Gemkow. “We are pleased that under the new guidance of Haniel, Bekaert Textiles will be able to continue its successful course of the previous years with new options for growth. We wish the company, its management and shareholders the very best for the future”, says Jan Albers, CEO of Gamma Holding. Global operations Top management keeps hand on the tiller It was agreed not to disclose details of the takeover. The transaction is subject to antitrust approval. For further information, please contact: Gilde Buy Out Partners About Gilde Buy Out Partners About Parcom Capital 2015-04-22 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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 Market in Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart; Open Market in Frankfurt | |
End of News | DGAP News-Service |
347075 2015-04-22 |