Advised on Sale of Company

Automotive

VM Industries SAS

An H.I.G. European Capital Partners SAS portfolio company France

Acquired 100% of Shares

Johann & Konen GmbH & Co. KG (Jokon),

Lighting systems for motor vehicles Germany

Advised Jokon on its sale to VM Industries SAS, an H.I.G. Capital portfolio company

Within the scope of a succession agreement, VM Industries SAS, an H.I.G. Capital portfolio company, has acquired Johann & Konen GmbH & Co. KG (Jokon). Jokon is an ideal addition for VM Industries product portfolio of LED systems and strengthens their position as a leading global player. This transaction is for H.I.G. Capital the beginning of a series of acquisitions in Europe to further expand its Lighting & Connectors sector in the scope of its buy & build strategy.

VM Industries SAS, Villemur-sur-Tarn, France

An H.I.G. European Capital Partners SAS portfolio company; founded December 2009 after the acquisition of a former Molex France factory. Specializes in the design and manufacturing of connectors systems for the automotive and railway industry.

H.I.G. European Capital Partners SAS, Paris, France

Private equity company with more than € 7bn capital and with offices in USA and Europe. Specialized in providing equity capital to small and medium-sized companies.

Johann & Konen GmbH & Co. KG (Jokon), Bonn, Germany

Leading German provider of high-quality lighting systems for motor vehicles (such as campers, caravans, trailers, buses, agricultural and construction vehicles). Production facilities in Bonn (DE), Folschviller (FR) and Poole (UK)

 

IMAP initiated this transaction on behalf of the shareholder of Jokon and handled it in all its phases.