Deal Details
acquistion of Pfaudler Process Solutions Group
Summary
Baird served as the exclusive debt advisor to Deutsche Beteiligungs AG on this transaction.
About
Deutsche Beteiligungs AG (“DBAG”) (DB: DBAN) recently completed the acquisition of Pfaudler Process Solutions Group (“Pfaudler”), a subsidiary of National Oilwell Varco (“NOV”) (NYSE:NOV).DBAG is a listed German private equity company focusing on buy-outs of mid-sized enterprises in Germany and neighbouring European countries. DBAG invests from its own balance sheet and also manages and advises co-investment funds. DBAG is headquartered in Frankfurt, Germany.
Pfaudler is one of the largest manufacturers of advanced glass-lined equipment such as reactors and storage vessels and heat exchangers used to optimise fluid processes primarily within the chemical and pharmaceutical industries. Pfaudler has 8 manufacturing facilities in Germany, the United Kingdom, the United States, Brazil and China and operates JVs in India and Switzerland. The company employs 1,450 people and and generated sales in excess of $200 million in 2013. Pfaudler is headquartered in Schwetzingen, Germany.
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- Date
- December 2014
- Company
- Deutsche Beteiligungs AG
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- Europe
- Acquiror Geography
- Europe
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