Alantra advised Ergon backed svt Group on its merger with Rolf Kuhn
Alantra has advised svt, a portfolio company of Ergon, on its merger with the Rolf Kuhn, composed of Rolf Kuhn GmbH, its subsidiary Rolf Kuhn Brandschutz GmbH (Austria), Flamro Brandschutz-Systeme GmbH, Prüf- und Technikzentrum Brandschutz GmbH and Kuhn Service GmbH (together “Rolf Kuhn”). Rolf Kuhn is one of the leading German manufacturers of passive fire protection products and solutions. The transaction is still subject to approval by the competent authorities.
Alantra’s Frankfurt team provided both M&A and Debt Advisory services to Ergon. In an accelerated process, Alantra expanded the existing debt financing with 2 additional institutions.
Through the combination, svt and Rolf Kuhn will form a leading manufacturer of fire protection products in Europe with a comprehensive product portfolio backed by an extensive and complementary portfolio of more than 400 national and international certifications. The combined group will employ a workforce of more than 600 employees and generate a turnover of approximately €150 million in more than 60 countries. Steffen Gerdau, CEO of the combined group, commented: “I am looking forward to working together with Rolf Kuhn’s employees. There is a strong strategic fit between svt and Rolf Kuhn and I am convinced that the new group will be even more successful serving its customers in the national and international markets.”
“The combined group forms one of the leading players in Europe in the attractive niche market for passive fire protection products and solutions. We are pleased to be able to support the group in the future”, commented Wolfgang de Limburg, Managing Partner at Ergon Capital Advisors.
Nils Lüssem, Partner at Ergon Capital Advisors in Germany, added: “Once again, we are very pleased with Alantra’s M&A and Debt Advisory services. The team worked hand in hand with us to finalize this transaction in an expeditious timeline.”
Jul 2023Buy-side advisoryJul 2023SECTOR IndustrialsService M&A
Jul 2023Corporate BrokerJul 2023SECTOR IndustrialsService Equity Capital Markets
Jul 2023Pre-IPO Capital IncreaseJul 2023SECTOR IndustrialsService Equity Capital Markets
Jul 2023Listing AgentJul 2023SECTOR IndustrialsService Equity Capital Markets