Advised on Purchase of AreaIndustrials
Acquired the business area "Carbide paper cutting knives"
The H. Schoenenberger GmbH, Deizisau, Germany has taken over the business unit hard metal knives out of Kennametal GmbH & Co. KG, Friedrichsdorf, Germany. Due to the transaction H. Schönenberger GmbH advanced to the market leader with a clear margin from its competitors.
A special provider of hard metal knives for the paper and paper conversing industry as well as print offices and a niche provider with a European distribution network.
A global supplier of tooling, engineered components and advanced materials and a market leader in metal cutting tools in North America, second in Europe and worldwide. The business unit paper cutting knives has been acquired in the context of the WIDIA acquisition, but it does not belong to the core business of the group.
IMAP has contacted the vendors on behalf of H. Schoenenberger GmbH and handled the transaction in all its phases.