CFI advised Weber Automotive on its sale to funds managed by Ardian


Düsseldorf – CFI is pleased to announce it advised Weber Automotive GmbH (‘Weber Automotive’) on its sale to fund managed by Ardian.

Founded in 1969 and based in Markdorf near Lake Constance, Germany, Weber Automotive focuses on drivetrain components for cars, heavy trucks and powersport vehicles for premium manufacturers. It has more than 1,300 employees at six locations in Germany, the USA and Hungary with a focus on the machining of engine and transmission components and the assembly of complete systems. These mainly include engine blocks and cylinder heads as well as various transmission housings and casings. Since 2011, the company has more than quadrupled sales from €74 million to €306 million in 2015. Taking into account the revenues of SaarOTEC (acquired in late 2015) – on a proforma basis – sales for fiscal year 2015 amounted to €367 million. For 2016, the company expects to continue its growth path.

Headquartered in France and founded in 1996, led by Dominique Senequier, Ardian is an independent private investment company with assets of $ 55 billion managed or advised in Europe, North America and Asia. The company, which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment performance to its global investors while fuelling growth in economies across the world. Ardian’s investment process embodies three values: excellence, loyalty and entrepreneurship.

Following the transaction, the founding Weber family will continue to hold a significant interest in the company and will actively support the future development together with the existing management. The acquisition of Weber Automotive is already the third investment from the Ardian LBO Fund VI, which has commitments of €4.5 billion.

CFI was co-advisor on the transaction which was announced on 7 October 2016.

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