CMS Hasche Sigle advises Halder on sale of majority stake in ACTech

Frankfurt am Main – SME investor Halder has concluded a binding agreement on the sale of its majority stake in ACTech Holding GmbH, headquartered in Freiberg (Saxony). The buyer is a consortium of investors comprising PREMIUM Equity Partners and CornerstoneCapital. The transaction is currently awaiting approval from the competent cartel authorities. Details of the agreement and the purchase price were not disclosed.

A team from CMS Hasche Sigle led by Frankfurt-based partner Dr Oliver Wolfgramm advised Halder on all aspects of the transaction.

ACTech is a market-leading service provider for the rapid prototyping of castings, using laser-aided high-tech methods. These technologies reduce the time required for moulding in comparison with conventional model making by up to 80%. This speeds up the development process for customers, who come from development-intensive industries such as car manufacturing. ACTech provides the R&D departments of these industries at short notice with prototypes that are ready to be fitted and tested. The prototypes are supplied as one-off components or small production runs and made from the material to be used in the subsequent production process. Since the end of the economic crisis the company has benefited in particular from accelerated R&D activity within the car industry around turbocharging, hybrids and electric drives.

Halder acquired ACTech in 2007 from the investors who had financed the company since its formation in 1995. Management held 20% of the shares. PREMIUM and CornerstoneCapital intend to continue the company's growth trajectory together with the management team, which retains a 20% stake in ACTech.

Halder is part of GIMV, a listed European private equity and venture capital group. GIMV focuses on buy-outs, growth and risk capital, plus infrastructure projects. Halder has been acting as an investor in management buy-outs of German SMEs since 1991, investing in 32 equity interests over the period.

Advisers CMS Hasche Sigle

Dr Oliver Wolfgramm, Lead Partner, Private Equity / M&A
Frank Michael Geißler
Matthias Heilmeier, both Private Equity / M&A
Marcus Fischer, Tax
Stefan Lehr, Competition

Press Contact
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