The first three months of 2022 were both a strong quarter for our M&A activities as well as our operational performance. With the successful acquisition of Flextronics srl. the consolidated group sales will increase up to EUR 200 Mio. In addition, this transaction will significantly strengthen the injection molding platform.
The portfolio showed a strong development in the first quarter. March YTD sales reached EUR 50.5 with an adjusted EBITDA of EUR 3.8 Mio. and a net profit of EUR 2.0 Mio.. Especially the packaging platform outperformed with sales and performance records in the first quarter. The group EBITDA also shows a stable and continuous development over the last months.
„The strong performance and the success of Accursia is based on a strong M&A team being able to identify and to acquire suitable target companies showing significant operational improvement potentials as well as our Operations team, which achieves the identified value creation measures. Our vision is to expand the group further up to 1 billion sales with a minimum EBITDA level of 7% until 2027 by improving the market power of each platform and forming leaders in selected industries.“, said Martin Scheiblegger, CEO of Accursia Capital GmbH.
About Accursia Capial
Accursia Capital is a private equity holding, which acquires and manages mid-sized companies facing special situations. The typical transaction targets have significant operational improvement potentials. Therefore, Accursia focuses on restructuring and turnaround cases as well as complex carve-out projects. Accursia adds value by the post-transaction restructuring focused on sustainable profitability.
The success of Accursia lies on a strong M&A team being able to identify and acquire companies with a strong performance improvement potential and an Operational team, which is able to achieve the identified measures. The experienced and internationally oriented team of operational experts manages each acquired company and immediately focuses on the selective challenges the company is facing.
Accursia pursues a long-term buy-and-build investment approach. All portfolio companies are continuously being developed and expanded. The overarching strategy is a long-term investment horizon of healthy organic and inorganic growth. Being not bound on a fund structure, Accursia has no exit pressure but focuses on creating shareholder value by a dividend strategy and selective divestments, which will be reinvested into new platform investments and the existing portfolio.
For further questions regarding the transaction, please contact
news@accursia-capital.de
