ACXIT CAPITAL PARTNERS EXCLUSIVELY ADVISES WICKEDER WESTFALENSTAHL ON MANAGEMENT BUY-OUT OF DEUTSCHE NICKEL GROUP
Frankfurt, 03 August 2018. ACXIT Capital Partners exclusively advised Wickeder Westfalenstahl GmbH, one of the world’s leading manufacturers of clad flat products, on the Management Buy-Out (MBO) of Deutsche Nickel Group.
All shares of Deutsche Nickel Group’s holding entity held by Wickeder Westfalenstahl GmbH will be acquired by DN Equity GmbH, an acquisition vehicle of Deutsche Nickel Group’s management. The transaction will help to support the continuous growth of Deutsche Nickel Group, which aside from Deutsche Nickel GmbH also includes Deutsche Nickel Asia Trading Co., Ltd. (China), Deutsche Nickel America, Inc. (USA) and Deutsche Nickel Real Estate GmbH.
For Wickeder Group, the MBO represents another important milestone with regards to its future strategic direction that focuses on special metals, micro-technology and the manufacture of sophisticated components.
ABOUT WICKEDER WESTFALENSTAHL
Wickeder Westfalenstahl GmbH is located in Wickede (Ruhr) and specializes in clad materials. It is also the parent company of the Wickeder Group. Since being founded in 1913, the company has established its leading position in the marketplace within the field of clad materials, thanks to a continual programme of product and technical innovation. As well as Wickeder Westfalenstahl GmbH, Wickeder Group includes the following companies: Auerhammer Metallwerk, Engineered Materials Solutions, HPetch, MPU, Inflotek and Micrometal.
ABOUT DEUTSCHE NICKEL GROUP
Deutsche Nickel GmbH is a manufacturer of Nickel, Nickel alloys and Copper-Nickel alloys in the forms of ingots, wires, bars and forging pre-material, as well as raw material slabs for strip and plate manufacture. Deutsche Nickel Group has Production, Sales and Distribution locations in Germany, America and Asia.
ACXIT Capital Partners is a leading independent corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, ACXIT offers its clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, equity/debt and strategic advisory. As an independent, privately owned firm we maintain offices and representations in Frankfurt, Berlin, Munich, Leipzig, Zurich, Hong Kong and New York, as well as strong alliances in France, China and India. (www.acxit.com)
Jens Tschauder, Managing Partner