Accursia Capital acquires the shares of comp! Elastomere GmbH from MANN+HUMMEL Filtration GmbH
Gefrees - Accursia Capital acquires the shares of comp! Elastomere GmbH from MANN+HUMMEL Filtration GmbH.
Accursia Capital is thrilled to announce the successful completion of the carve-out transaction with MANN+HUMMEL, a global leader in filtration solutions. Comp! Elastomere GmbH (www.comp-elastomere.com), founded in 1987, is an internationally active company based in Gefrees, Germany. The focus of Comp! Elastomere GmbH lies on the manufacturing of fabric-reinforced rubber coated materials and membrane with main applications in diaphragm gas meters as well as measurement & control devices.
“Our investments to date have proven that we see enormous growth potential in this attractive business area. However, with our strategic focus on filtration and separation solutions, MANN+HUMMEL will not be able to expand and develop the business in a long term in the way that Accursia Capital can”, stated Fua Nipah, President and General Manager Air Filtration Solutions of MANN+HUMMEL.
Accursia Capital expresses its commitment to fulfill a resource efficient and smooth transition process. "This acquisition is our first investment in the membrane business. comp! Elastomere GmbH is already a worldwide player in the global gas meter industry - our goal now is to further strengthen the business. We are very much looking forward to working with the team in Gefrees", said Martin Scheiblegger, CEO of Accursia Capital.
About Accursia Capital
Accursia Capital is a Munich-based private equity holding and invests in medium-sized industrial companies. The investment focus is on companies, which have significant operational value creation potentials. Typical investments are companies with unresolved succession issues, restructuring and turnaround cases as well as complex carve-out projects. Accursia Capital pursues a long-term investment approach and intends to develop its investments sustainably.
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