IMAP advises Recura Kliniken SE on the acquisition of Fachklinik Waldeck
Recura Kliniken SE and FuturaMed-Gesellschaft have signed an investor agreement with the aim to acquire of Fachklinik Waldeck
Recura Kliniken SE and FuturaMed-Gesellschaft have signed an investor agreement with the aim to acquire of Fachklinik Waldeck
Absolut Bikes, founded in 1993, is a leading B2B e-commerce wholesaler of bicycle parts and accessories
Saurer Spinning Solutions is a leading and innovative textile machinery manufacturer with >160 years of experience in development and production of high-tech systems and components
The transaction is structured as a forward deal with forward funding. The construction phase has already started, and the completion is planned for 2023
Dr. Carsten Lehmann, Managing Director at IMAP Germany shares valuable insights into the key factors affecting company valuations in M&A, using the IT & Software sector as an example.
The shareholders of Xell AG have sold their shares to Sartorius Stedim Biotech, a division of the listed life science company Sartorius
With this acquisition, Hardinge expands its turning, milling and grinding machines with an attractive portfolio of products and technologies.
tesa SE has sold its affiliate tesa scribos GmbH to LEONHARD KURZ Stiftung & Co. KG.
By making this takeover, q.beyond is extending its existing expertise in digital workplaces.
In addition, the investment company Gimv is acquiring a minority stake in the new WDM/Deutenberg Group
IMAP closed 112 deals worth more than $14.7 billion during the first half of 2021. The strong rebound in market activity that began in Q4 of 2020 carried over well into Q1 of this year.
In collaboration with IPC, ALRO Group will apply fire-resistant coatings in electric vehicles ('EVs')
Einflussfaktoren am Beispiel der IT- und Software-Branche
Together with the majority shareholder Waterland, CEMA and netgo will expand their presence in the German market and take an important step towards becoming a one-stop-shop provider
Bunny is the pioneer in the field of super-premium pet food for small rodents such as rabbits, guinea pigs and hamsters in the DACH-region
Founder and CEO Ragip Aydin will keep a significant stake in Raynet
Atrys is a Spanish biomedical company dedicated to providing diagnostic services and medical treatments primarily for oncology patients
The shareholders of software specialist EXA AG have sold 74.9% of their shares to SNP Schneider-Neureither & Partner SE.
AGT will be integrated into EUROVIA's track construction subsidiary ETF and thereby strengthen its position in the growing market for construction and maintenance of rail tracks in Germany
The two long-term shareholders of GELSENCHEM Chemical Products GmbH, Miguel Fábrega and Thomas Lüllemann, have sold all their shares to Höppner Finanz Holding.
The former shareholders will continue to be closely associated with the group and remain minority shareholders and support the management team in the role of an advisory board as well as consultants.
IMAP closes 218 M&A deals worth over $12.5 billion. Q4 2020 marked IMAP’s strongest quarter ever.
This is the third successful transaction of IMAP Germany together with SCIO.
As of January 1, 2021 Carlsberg, will take over the location in the Vogtland region of Saxony including the Wernesgrüner brand.
Lasting 4 days and bringing together more IMAP members across the globe than ever before, the conference theme encompassed the 4 C’s: Commitment, Collaboration, Connection and Culture, all fundamental in the IMAP partnership’s continued success.
The acquisition of the zinc recycling division by the industry-experienced consortium enables HMG to benefit from its market knowledge and operational expertise and thereby to develop over the long term.
IMAP closed 117 M&A deals worth over $4.5 billion during Q1-Q3 2020, 31% of which were cross-border. Deals were closed across 15 different sectors, with Technology and Industrials being the most active.
With the acquisition of Buchholz, traditional and modern industrial laundry, CWS is expanding its portfolio and strengthening its sustainability strategy.
Based at the IMAP office in Munich, Ruta will be responsible for national and international buy-side and sell-side mandates within the healthcare sector, focusing on medium-sized companies.
Strategic win-win solution for two family-owned companies
Since the beginning of this month Andreas Widholz has strengthened the partner group of IMAP M&A Consultants AG in Munich
Sektor Update über die Marktforschungsbranche
39% of the deals were cross-border. Deals were closed across 13 different sectors, with Technology and Business Services the most represented.
Investor Daniel Hopp intends to realize attractive residential quarter on brewery property - Brewery production is still planned at the location in the future
The Italian Ariston Thermo Group (Ariston) has acquired the majority of shares in Kesselheld GmbH (Kesselheld), one of the leading digital start-ups in heating installations in Germany.
Read the Chairman's Letter introduction to the Coronavirus special edition of IMAP's publication, Creating Value.
Woran erkennen wir, wie gut ein Unternehmer seiner Verantwortung gerecht wird?
ETC-Gauff Solutions GmbH, a provider of software and IT services for public transport, has been taken over by the management team and a private investor as a result of an MBO
Partner Marco Strugusch über die aktuelle Situation in der Industrie Handel/ E-Commerce
The international consortium BOS GmbH & Co. KG has sold all shares of its subsidiary etm - engineering technologie marketing gmbh to Callista Private Equity.
IMAP closed 49 M&A deals worth more than $1.4bn in Q1 2020. 43% of the deals were cross-border.
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.
GRE Gauff Rail Engineering GmbH & Co. KG has been acquired by Dorsch Holding GmbH. With this acquisition, Dorsch expands the group's range of services in the railway sector.
One thing that this crisis is showing us is that no matter the geography, no matter the level of economic activity or wealth, all of us are inter-connected, facing the same problems and concerns.
Heitkamp & Thumann Group, headquartered in Duesseldorf, has sold its UK based air duct jointing systems and accessories business to Chiltern Capital LLP, a London based private equity sponsor and management company.
Als eine der erfahrensten M&A-Beratungen für den Mittelstand sind wir auf der Suche nach neuen Talenten, die genau zu uns passen.
LTK is specialized in providing logistics services to the Aerospace and Automotive sectors, with customers including the Airbus Group and Alestis Aerospace.
In 2019, IMAP closed 234 M&A deals valued at over $13 billion. The result was higher than the previous year (208) and indeed, marked IMAP’s strongest performance since 2012. Average disclosed IMAP deal value stood at $66.9 million.
An outlook to the German M&A Market 2020
IMAP Germany looks back on a successful year 2019
The four shareholder families of Joseph Dresselhaus GmbH & Co. KG (Dresselhaus), with around 800 employees one of Europe's leading suppliers of fastening technology and fasteners for industrial and commercial customers, have sold their shares to the Dutch industrial holding company Nimbus as part of a succession solution.
Steinbach & Vollmann GmbH & Co. KG (STUV), a leading specialist for high-quality locking and hardware systems, was acquired by an investor consortium led by the zu Sayn-Wittgenstein Family, ENDURANCE Capital and Andreas Kupka.
IMAP advised Schuler AG, one of the world's largest press manufacturers, on the sale of its business unit Body Panel Göppingen to Accursia Capital and Navigator Capital.
Now in its 7th edition, this issue of IMAP’s flagship publication Creating Value, takes an in depth look at Africa, where IMAP recently held its bi-annual international conference for the first time since the company’s inception in 1973.
The majority of the reisenthel Group, a well-known and leading German manufacturer of functional shopping baskets, bags and everyday helpers, was taken over by the Swiss-German financial investor INVISION in the course of a succession solution.
In parallel with our national and international activities, we are also seen in the current issue of "Mannheim - Stadt im Quadrat" as part of the backbone for medium-sized companies in the metropolitan region.
IMAP Germany talks about what defines and differentiates us a an employer. We believe that ‘How’ matters and that people make the difference.
CirComp GmbH, a specialist in products based on high-performance fiber composites, was sold to Albany International Corporation, a NYSE listed developer and manufacturer of engineered components.
A group of private investors has sold Anker Kassensysteme GmbH, a leading manufacturer of Point of Sale hardware, to Halder in a management buy-out.
As part of a corporate financing restructuring, Newlat GmbH (“Newlat”) has secured comprehensive credit facilities from Commerzbank and BW-Bank for working capital financing.
After 10 eventful years as a member of the IMAP board, founding partner Karl Fesenmeyer passes his board membership on to Dr. Carsten Lehmann.
In the opening address IMAP Chairman Jurgis Oniunas set out that IMAP’s work is primarily focused on 2 things, collaboration and information. These are the tools we need in order to thrive in an increasingly complicated environment.
Financial investor Steadfast Capital has sold its shares in the Food & Service Group, a successful food service delivery wholesaler supplying customers from the gastronomy and trade, to Finatem Beteiligungsgesellschaft.
Watch our colleagues talk about what we stand for, how we work and why we are successfully closing deals
EVAGO Group, one of the world's leading companies in the field of temporary infrastructure, has been acquired by private equity investor KKA Partners.
IMAP closed 140 M&A deals worth more than $5.2bn in the first three quarters of 2019. Consistent with IMAP’s track record, 29% of the deals were cross-border.
The medium-sized, family-owned Haas GmbH ("Haas"), a producer of (pizza) toppings for frozen foods based in Nonnweiler-Otzenhausen, Saarland, becomes part of Dawn Farm Foods ("DFF"), an international supplier of meat and sausage products based in Ireland.
More than 50 Analysts & Associates coming from 20 countries and 3 continents met on September 20th in Budapest, Hungary.
M&A as a tool for turnaround
The business operations of Bullyland GmbH were sold to the newly founded Bullyworld GmbH, owned by the Eberl family business, as part of the insolvency proceedings.
IMAP is pleased to announce the release of the IMAP Dealbook 2018-2019. This annual IMAP publication showcases IMAP's collective transaction track record across a breadth of sectors and geographies.
SCIO Automation GmbH, based in Frankenthal and majority owned by Quadriga Capital, acquired the AUTKOM group.
The shareholding families that founded FEG Brivio will continue to hold stakes in the company and the CEO will also remain in place
IMAP advised the Pfaudler Group, an international manufacturer of enameled components for the chemical and pharmaceutical industries, on the sale of Julius Montz GmbH to Koch-Glitsch.
Listed industrial holding company Mutares AG, Munich acquires 100% of the shares in Kirchhoff GmbH & Co. KG, Halver from the family owners to strengthen its “Automotive & Mobility” investment platform.
Consistent with IMAP’s track record, 27% of the deals were cross-border.
Henning Graw was appointed as member of the Board of Directors of IMAP M&A Consultants AG, joining Karl Fesenmeyer, Peter Koch and Dr. Carsten Lehmann as the company’s fourth board member.
In the latest edition of its flagship Creating Value publication, IMAP takes a deep dive into themes related to disruption and innovation and explores how new technologies are transforming our businesses and our lives.
Catalysts GmbH, headquartered in Linz, becomes part of Cloudflight, an IT service company focusing on digitization and cloud transformation.
29% of the deals were crossborder. Deals were closed across 13 different sectors
The Felss Group acquires the machine tool manufacturer and automotive supplier HMP (Heinrich Müller Pforzheim) and acquires all shares in the two HMP companies Heinrich Müller Maschinenfabrik GmbH and HMP Umformtechnik GmbH from the shareholders Dr. Bernhard and Dr. Frank Müller.
IMAP advised the leading international industrial services provider Bilfinger SE on the disposal of Bilfinger FRB to EQOS Energie, a Triton Fund IV portfolio company.
Guest speakers were Mr. V. C. Sehgal, Chairman of Samvardhana Motherson Group (SMG), Krisztián Orbán, founder and managing partner of PE firm Oriens and David Kean.
IMAP’s Spring Conference in Munich held on March 22-23 saw the formal launch of IMAP China.
The report is based on the results of a survey undertaken at the end of 2018, whereby IMAP partners across the world were asked for their views on the M&A markets in 2018, as well as their expectations for 2019.
IMAP was able to increase the number of successfully completed transactions in 2018: from 204 to 208 deals worldwide and from 20 to 25 transactions in Germany. This puts IMAP again among the top 10 M&A advisors for deals up to USD 500m in the Thomson Reuters ranking.
IMAP released its 2018 results today, announcing an increase in deals closed over the previous year, having closed 208 deals in 2018 worth over $10bn. Average disclosed deal value came in at $62.2 million, as IMAP continues to strengthen its mid-market credentials.
The German-Dutch industrial holding nimbus hands-on investors has acquired Mannheim-based KW-Kranwerke AG (KWM).
Lampe Privatinvest has sold von Oertzen GmbH, a leading solution provider of high-pressure water jetting systems for industrial customers, to Hako, a subsidiary of the Possehl Group.
Kufner Holding GmbH ("Kufner Group") and the investment company VMS-REB 3 Beteiligungen GmbH ("VMS") acquire the traditional textile finisher Bamberger Kaliko Textile Finishing GmbH ("Bamberger Kaliko") by means of an insolvency plan.
Degroof Petercam Investment Banking (DPIB) and IMAP have entered into a strategic partnership. Under the terms of the agreement, DPIB will act as IMAP’s exclusive corporate finance partner for M&A activities in Belgium and France as from January 2019. In Spain, DPIB will closely collaborate with IMAP Spain, Albia Capital Partners.
IMAP dedicates the latest edition of its flagship Creating Value publication launched today, to a subject that should have every CEO’s focus; disruptive innovation.
Brockhaus Capital Management AG ("BCM") acquires a majority stake in Karlsruher Palas GmbH Partikel- und Lasermeßtechnik ("Palas"), a provider of technologically leading high-precision devices for measuring, characterizing and generating particles in air, particularly in the field of fine dust and nanoparticles.
As part of a succession plan, VESCON Automation Group GmbH, majority owned by Quadriga Capital, acquires a majority stake in the Lower Bavarian Schiller Group.
The shareholders of Inobas, a provider of structured data products, have sold their shares to STP Informationstechnologie AG.
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.
Effective September 1st 2018, the Magdeburg (Germany) based conveyor systems specialist FAM has acquired the industrial services activities of the ECOSOIL Group, a portfolio company belonging to Endurance Capital AG - a German holding company focused on small and medium sized enterprises.
Trumpler Group, headquartered in Worms, Germany, has signed an agreement with the shareholders to acquire the assets of Langro-Chemie Theo Lang GmbH and its foreign affiliates.
Halder Beteiligungsberatung GmbH and the other co-partners have sold Aqua Vital, the German market leader for drinking water dispensers in the commercial sector, to US-American Culligan Water. The leading international provider of water treatment solutions is a portfolio company of Advent International.
Mayer-Kuvert-network GmbH ("Mayer-Kuvert-network") has expanded its group of shareholders in the course of a capital increase to include a German family office, which will also become the new majority shareholder.
MAAS Baustoffe GmbH obtains a new owner. As part of MAAS Group's insolvency proceedings, the building materials trade with its ten sites has been sold to MAAS Bauzentrum GmbH.
The 2018 IMAP Spring Conference was held from 12th until 14th of April in Warsaw in Poland. The event was hosted by Trigon, IMAP's partner firm in Poland.
On April 1, 2018, two new partners joined IMAP in Germany: Michael Knoll (53) and Marco Strogusch (43).
Dr. Burkhard Weber joined the partners group of IMAP in Germany as of March 1, 2018 as co-head Industrials with specialist expertise in machinery and plant engineering, capital goods, building products as well as pulp & paper.
191 completed transactions worldwide (20 in Germany). Transaction value increases significantly to USD 12 billion. 36% cross-border deals (40% in Germany). Established among the Top 10 M&A advisors worldwide.
IMAP advised MAAS Group as part of their insolvency proceedings on the sale of its subsidiary BEMO Systems Engineering GmbH (BEMO).
The VEKA Group from North Rhine-Westphalia has acquired a majority stake in NCL Wintech Ltd., a subsidiary of the Indian NCL Group. The company will continue as a joint venture and operationally independent unit.
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.
As a result of its strategic plan to focus on the forestry business and in the higher value-added distribution of wood panels in the Andean Region, Central and North America and other export markets, Masisa S.A. Chile decided to start the sale process of its industrial assets in Argentina, Brazil and Mexico.
NOE-Schaltechnik Georg Meyer-Keller GmbH + Co. KG (NOE) has expanded its group of shareholders by acquiring Dutch industrial holding company NIMBUS as part of a capital increase.
The Chinese family holding SEC has acquired 100% of the shares in VEM Group in Dresden, a traditional manufacturer of electric drive systems, special motors and machines, from the entrepreneurial family Merckle, including all current locations in Germany and abroad.
Endurance Capital AG and AL-KO KOBER SE will jointly acquire the three divisions Automotive, Metal Parts Manufacturing and Railway Technology division of the Cologne-based metal processing company Kohl-Gruppe AG.
The family office Zobel Values AG has acquired the packaging specialist RCP Ranstadt GmbH from the Dutch financial investor Nimbus hands-on investors, who has successfully realigned the company over the last eight years.
Zhongwang Aluminum Deutschland GmbH acquired Aluminiumwerk Unna AG, leading manufacturer of aluminum alloy tubes, headquartered in Unna close to Dortmund. The investor is a subsidiary of China Zhongwang Holding Ltd., headquartered in Beijing – the listed company is Asia’s largest manufacturer and developer of aluminum extrusion products.
The IMAP team for M&A transactions in special situations advised Albert Horn Söhne GmbH & Co. KG (HORN), a traditional greetings card manufacturer, during their insolvency proceedings, on the sale of its business operations.
In the first half of the year, the M&A consulting firm was able to successfully close 10 transactions, including the sale of the sports and dietary nutrition provider Well Plus Trade to HQ Equita or the acquisition of the electrical machinery manufacturer VEM for a Chinese family business.
As part of its succession planning, the Founder and Managing Partner of THG Baugesellschaft mbH, Rainer Klinkhammer, has sold company shares to EUROVIA GmbH (Germany).
IMAP successfully advised the owners of Karl Reichenbach GmbH, manufacturer of rubber parts, headquartered in Durmersheim near Karlsruhe, on the sale of majority shares to Lampe Privatinvest.
The IMAP team for M&A transactions in special situations, advised Awetis GmbH (AWETIS) during their insolvency proceedings in self-administration, on the sale of its subsidiary Awetis Systems GmbH & Co. KG. Freudenberg Group, headquartered in Weinheim, acquired 100% of the shares.
IMAP has advised Onlime GmbH and its UK based shareholder, Onlime Group Limited, a leading operator of fiber and satellite telecommunication networks, on the sale of its globally managed satellite services to the German telecommunications provider CETel (Central European Telecom Services GmbH).
Stelter Zahnradfabrik GmbH has taken over minority shares in Zahnradwerk Pritzwalk GmbH, based in Pritzwalk (Brandenburg). The main shareholder is the Berlin-based Andreas & Peiffer Group.
The HENGE Group acquires the business activities of KOMINEX Mineralmahlwerk GmbH, including the location and production facility in Falkenstein, Saxony-Anhalt and will continue activities under the name KOMINEX Minerals + Processing.
Florian Böschen joined IMAP in Germany as a Director in March 2017. He is responsible for the structuring and implementation of national and international buy and sell mandates, as well as financing consulting mandates in the real estate sector.
Rotkäppchen-Mumm Sektkellereien GmbH acquires the prestigious Italian Prosecco Specialist Ruggeri & C. S.p.A, well known for their award winning Proseccos.
WELL PLUS TRADE GmbH (WPT), a leading provider of sports and dietary nutrition with well-known brands Power System and Slim System, has been acquired by funds managed by HQ Equita GmbH, a German mid-market investment fund.
2016: Another good year for IMAP. With a total of 174 successfully completed transactions globally – of which 110 in were in Europe and 18 in Germany – IMAP was able to maintain its top 10 ranking among M&A advisory firms in the mid-market segment (enterprise values of up to US$ 500 million).
IMAP has advised the owner of Felss Group, a technology leader in the field of cold-forming of hollow parts specifically for the automotive industry, on the sale of a majority stake to Capvis.
In December 2016, Wagner Holding acquired a 25.01 percent stake in KTP Holding GmbH in the form of a capital increase. KTP will use the additional liquidity to implement the strategic growth plan of the company.
Since the beginning of January 2017, Henning Graw (40) has been a new Partner at IMAP in Germany, where he is responsible for national and international buy and sell mandates.
Bitburger Holding acquired 100 % of the shares in Wera Group, headquartered in Wuppertal, from the founding family. Through this acquisition, Bitburger will extend its portfolio of strong brands to the tool sector.
The French jewellery company THOM Europe S.A.S acquired 100% of the shares of the German jewellery chain ORO VIVO AG, from Christian Bernard S.A.S. Following the recent acquisition of Italian jewellery company Stroili, Thom Europe expanded its international reach and presence in the European jewellery and watches market by acquiring ORO VIVO.
Steadfast Capital Fund III, L.P., has acquired Stanz- und LaserTechnik Jessen GmbH (SLTJ), headquartered in Jessen, (SLTJ) as part of a Management Buy-Out.
Wagner Holding, VR Equitypartner and its Industry Advisory Board Thomas M. Hübner provide Dr. Förster AG, Neu-Isenburg, a manufacturer of high-quality natural cosmetic products, with a substantial growth capital to secure their long-term financing.
IMAP advised Mubea on the successful acquisition of the Spanish automotive supplier INAUXA from Grupo Tudos Reunidos.
IDEX Corporation, an applied solutions company specializing in fire suppression and safety technology, has acquired through its subsidiary, LUKAS Hydraulik GmbH, the AWG Fittings Group (AWG) from Paragon Partners.
The German Thyssenkrupp AG acquired 100 % of the shares in the Hungarian subsidiary Ib Andresen Industri Magyarország Kft. of the Danish IAI Holding A/S.
BPE Unternehmensbeteiligungen G.m.b.H (Hamburg), focused on medium-sized companies, sold their shares in the WEKA Group, Neubrandenburg. New majority shareholders are the PREMIUM Equity Partners GmbH, Frankfurt am Main, managed funds and co-investors. The management team of WEKA remains involved in the company and will further advance the successful developments.
IMAP continued to consolidate and expand its international position as an M&A organization in 2015. Worldwide, 221 deals with a transaction volume of nearly USD 10 billion were successfully signed, almost one third of which were cross-border activities.
Hengst Group, Münster, active in the area of filtration, acquired the Danish company Nordic Air Filtration as of 1st February 1st, 2016, from US based listed industrial group MFRI Inc.. The acquisition was made in accordance with the its growth strategy to achieve a balanced and diversified business, a global presence and technology transfer into related areas.
In the course of a transferring restructuring, Al Pack d.o.o., headquartered in Subotica, Serbia, acquired the assets of Leutkirch-based Uniprint Knauer GmbH & Co. KG.
IMAP advised the shareholder of krauth Krauth technology Technology in Eberdach, on the disposal of all its shares to DUTECH Holding, Singapore. This is another cross-border transaction in the sector industrial goods sector by the DUTECH Group as it further expands its position in the German market.
In addition to its own product range, Mafelec SAS, Chimilin, France, has taken over Comtronic GmbH ("Comtronic") based in Schönau, Germany.
The KIESELMANN FLUID PROCESS GROUP acquires Wilhelm Guth Ventiltechnik GmbH & Co. KG in Landau.
The Hydraulik Nord GmbH Group, based in Parchim (Mecklenburg-Western Pomerania), has acquired KMF Kemptener Maschinenfabrik GmbH, Kempten (Bavaria) from Nußbaum Group. Hydraulik Nord and KMF develop and produce complementary hydraulic products.
Baugenossenschaft Familienheim Rhein-Neckar eG has successfully continued its steady growth policy and acquired 100% of the shares in Bayerische Wert- und Grundbesitz Verwaltung GmbH (Neubiberg), FaMaP GmbH (Neubiberg), WOHMAX GmbH (Neubiberg) and Münchner Grund Immobilien Management GmbH (Neubiberg).
Jungheinrich AG is further expanding its leading position as a logistics systems provider. To this end, Jungheinrich has signed an agreement on the acquisition of MIAS Group with its owners.
As part of a competitive process, VIA optronics GmbH has structured medium-term debt financing in the double-digit millions. With a focus on growth, the funds made available will be used for working capital and inorganic growth.
F. A. Neuman Group, Eschweiler, has sold its business unit Column Internals and Distillation Technology, which are bundled in Julius Montz GmbH, Hilden, to Pfaudler Group, a portfolio company of Deutsche Beteiligungs AG.
IMAP has successfully advised on the transaction Telekom-Kaskaden transaction at the TZ Rhein Main technology centre in Darmstadt. GE9e Development Darmstadt GmbH, the property company of Telekom-Kaskaden's property company, was sold to a German investor as part of a share deal.
SCOTT Sports SA acquired Bergamont Fahrrad Vertrieb GmbH, Hamburg, including its international activities, from BMC Group Holding AG. With the sale, the BMC Group strengthens its focus in the sports segment.