Accursia Capital Acquires HENNgineered GmbH, TKW Molding International Shareholding GmbH and HENNgineered Plastics Suzhou Co., Ltd.
Munich – Accursia Capital is pleased to announce the acquisition of HENNgineered GmbH, TKW Molding International Shareholding GmbH and HENNgineered Plastics Suzhou Co., Ltd., a specialized automotive supplier of high-precision thermoplastic and elastomer components for occupant safety applications.
The companies form a carve-out of the plastic injection molding operations of the HENN Group and comprise two production facilities: HENNgineered GmbH (“HBH”) in Blankenhain, Germany, and HENNgineered Plastics Suzhou Co., Ltd. (“HTC”) in Taicang, China. The business employs 184 skilled and experienced professionals across its two locations.
With a highly automated production setup and advanced multi-component molding capabilities, the business manufactures thermoplastic and elastomer components in high-volume series. The companies combine well-established technical know-how with strong process capabilities and a proven track record in producing safety-critical components to demanding standards of precision, reliability and quality.
The companies serve a specialized and quality-critical segment of the automotive supply chain and have established long-standing relationships with blue-chip automotive customers globally. Their customer base includes virtually all major occupant safety system players, providing a resilient market position and allowing the companies to mitigate potential volume shifts between customers.
The product portfolio is largely independent of the ongoing transition from internal combustion engines to electric vehicles. As many occupant safety components are standardized and remain relevant across different vehicle generations and powertrain concepts, the business benefits from long product lifecycles and stable demand beyond typical automotive project cycles.
The acquisition of HENNgineered GmbH, TKW Molding International Shareholding GmbH and HENNgineered Plastics Suzhou Co., Ltd. represents a platform investment in a specialized automotive manufacturing business with a strong technological foundation and significant potential for further development.
Accursia Capital will work closely with the management team to further develop the business, enhance its efficiency and strengthen its market position. The focus will be on the sustainable development of the companies, strengthening relationships with existing customers and realizing their long-term growth potential.
“We are pleased to partner with HENNgineered GmbH, TKW Molding International Shareholding GmbH and HENNgineered Plastics Suzhou Co., Ltd. and their management team,” said Martin Scheiblegger, CEO of Accursia Capital. “The companies have established technical expertise, modern production capabilities and long-standing relationships with their customers. We look forward to working with the team on their further development.”
About Accursia Capital
Accursia Capital is an internationally active investment holding company with offices in Munich and Milan. Accursia Capital specializes in the acquisition of distressed companies, non-core group subsidiaries and underperforming assets facing special situations.
In addition to providing investment and growth capital, Accursia supports the management of its portfolio companies with extensive restructuring expertise and a hands-on mentality.
As part of a targeted buy-and-build strategy, Accursia Capital sees itself as an industrial holding company for the mid-market, with the vision of creating sustainably established market players in selected industrial sectors through healthy organic and inorganic growth.
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