Private Assets SE & Co. KGaA: Successful closing of the complete acquisition of the French company Esvres Matriçage S.A.S.
Hamburg, 05. August 2024: Private Assets SE & Co. KGaA (Private Assets, WKN A3H223) has acquired all shares in Esvres Matriçage S.A.S. (Esvres Matriçage) from Bons & Evers (NL) as planned. Esvres Matriçage is a French manufacturer of copper and brass forgings that was founded in Esvres sur Indre in 1919 and mainly supplies the electrical and automotive industries. The company has an annual turnover of around EUR 10 million. This acquisition is in line with Private Assets' development path towards becoming an internationally active investment company.
Dr Björn Schlosser, Managing Director of Private Assets France, is delighted with the completed transaction: "With Esvres Matriçage, we have acquired an attractive and promising company. Esvres Matriçage will integrate well into the network of our investments and benefit from our extensive expertise in the manufacturing industry. We currently see further interesting opportunities in France. Our decision to establish our own office in France is already paying off in the first year after opening."
About Private Assets SE & Co. KGaA
Private Assets SE & Co. KGaA (Private Assets) is a Hamburg-based investment company specialising in the majority takeover of companies in special situations. Private Assets prefers to invest in corporate spin-offs and medium-sized companies that are currently underperforming as well as companies with unresolved succession issues. Thanks to the management's many years of experience and a proven track record in the development of companies in special situations, the investments are organised efficiently and profitably in the long term. To ensure the necessary rapid implementation, the company has its own task force, which provides operational support as in-house consulting in areas such as product supply, project management, sales & marketing, legal and finance and explicitly drives forward digitalisation topics with the Digital Group. Thanks to the close operational support and active management provided by the shareholders, Private Assets SE & Co. KGaA achieves rapid, efficient and sustainable changes in its investments.
The shares of Private Assets SE & Co. KGaA are traded on the open market of the Berlin Stock Exchange under the securities identification number A3H223. Further information can be found at www.private-assets.de.
Contact Investor Relations
edicto GmbH
Dr Sönke Knop / Jessica Pommer
Phone: +49(0)69/90550551
E-Mail: [email protected]