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Alantra advises HQ Equita on the acquisition of Wolf Verpackungsmaschinen


SECTORIndustrial Automation & Machinery

ServiceM&A

Nov 2019
Buy-side advisory

Frankfurt – Alantra, the independent global mid-market investment banking, asset management and portfolio advisory firm, today announced it has advised HQ Equita (“HQE”) on the acquisition of Wolf Verpackungsmaschinen GmbH (“Wolf”), a market leading provider of vertical form fill and seal packaging machinery serving the food, industrial and chemicals market, from the Wolf family and private investors. This is the third engagement Alantra has completed for HQE within the last 24 months.

Headquartered in Lich-Birklar, Germany, Wolf provides dedicated packaging machinery for powdered, pourable, frozen and liquid applications, very often used for the packaging of snack products. The Company maintains two manufacturing facilities (Germany and China) and sales and service location in nine countries, employing more than 200 people. Wolf will become part of The Packaging Group (“TPG”), which HQE established in 2018 with the acquisition of FAWEMA and HDG. The TPG umbrella will allow Wolf, FAWEMA and HDG to operate with their traditional brands, while cooperating in product development and leveraging the combined sales and service organizations. TPG is now present in 14 locations and employs more than 400 people, serving its global customer base with a wide range of specialised packaging machinery for food, industrial and chemical applications.

“We are very pleased to welcome Wolf Verpackungsmaschinen to TPG. The acquisition is an important step in developing TPG into one of the leading packaging platforms. The Alantra team which had already led the successful divesture process of ROVEMA and the refinancing of TPG in the past played a pivotal role in this process. Their in-depth sector knowledge combined with their relevant relationships and strong execution support were crucial and contributed to the successful outcome.” commented Florian Wiemken, Partner at HQE.

Frank Merkel, Managing Partner at the Frankfurt office of Alantra, highlighted: “It was again a great pleasure to work with HQ Equita and help the team in acquiring Wolf Verpackungsmaschinen. This marks the sixth transaction in the food equipment machinery market within the last 24 months and is another great example of our dedicated sector focus.”

About HQ Equita

Founded in 1992, HQ Equita is one of the most experienced equity providers in German speaking regions. The company has acquired a total of c. 1 billion euros in capital commitments and invested in over 30 enterprises. Investors include institutions, family offices, foundations and trusts as well as notable entrepreneurial families – including the Harald Quandt family.

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