LEO Familienholding has sold a majority stake in DYNAJET GmbH, a leading supplier of water jetting systems up to 3,000 bar, to RUBIKON Industriebeteiligungen GmbH. DYNAJET, based in Nürtingen, Baden-Württemberg, was a division of Putzmeister Mörtelmaschinen before it was spun off as an independent company under the umbrella of LEO Familienholding in 2011.
With the support of RUBIKON, DYNAJET will further expand its established market position and pursue its own growth strategy on the local market as well as internationally. With this transaction, RUBIKON Industriebeteiligungen, which is based in Frankfurt, has laid another foundation stone for the development of a company portfolio from the manufacturing industry.
DYNAJET GmbH was founded in 2001 as a business division of Putzmeister Mörtelmaschinen. Since the spin-off in 2011 and the new foundation under LEO Familienholding as a independent company based in Nürtingen, DYNAJET has developed into a niche supplier of high-performance and long-lasting water jetting solutions up to 3,000 bar for professional applications which are used in a wide range of industries such as construction, shipyards and forestry as well as in the municipal sector.
As a family office, LEO Familienholding bundles the private shareholdings of various Munich entrepreneurial families and invests primarily in small and medium-sized companies in the German-speaking countries.
RUBIKON Industriebeteiligungen is part of the Leyendecker Group based in Frankfurt and Leipzig. The industrial holdings division acts as a long-term oriented investor, taking majority stakes in highly profitable and fast-growing manufacturing companies as part of a diversified portfolio strategy. Currently RUBIKON owns shares in three companies.
The IMAP team in Germany consisting of Karl Fesenmeyer, Christoph Gluschke and Atanas Petkov advised the shareholders of DYANJET on the search for a suitable partner and was able to complete the transaction successfully within a few months.
Last weekend, IMAP colleagues from all over the world were due to congregate in Denver, Colorado, for a conference planned for many months, where deals, learning, and friendships would be developed and shaped. Even a month ago when the difficult decision was made to cancel the event, none of us could have foreseen the speed and scale of events that have occurred since.
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