Successful succession plan for renowned open-die forge company in Germany

The divested company is an established open-die forging company based in Germany. The core business consists of the production of high-quality forged parts such as forged and rolled rings, shaped shafts, and bars. The company serves various industries, including shipbuilding, wind power, and gear and valve construction. In 2023, the company generated a turnover of approximately 66 million euros. The company currently employs around 270 people.

Structured sales process

The CVM Capital Value Management GmbH team, led by Managing Partner Kai Peppmeier, was exclusively mandated by the shareholders to carry out the structured M&A process as part of a succession plan. In close cooperation with the dhpg GmbH team, the company shares were successfully sold to a private investor with industry expertise. The parties have agreed not to disclose the purchase price or the company name.

Team CVM: Kai Peppmeier (Managing Partner), Oliver Lewin (Principal)

Capital Value Management GmbH ("CVM") is a transaction advisory and an independent corporate finance advisory firm for companies in special, transition, restructuring, and succession situations. The focus is on supporting transactions for medium-sized companies in industry, trade, and services with a sales volume of between 10 million euros and 250 million euros. CVM designs, accompanies, and coordinates the entire M&A process in close cooperation with the client's tax and legal advisors.

www.cvm-gmbh.de

Team dhpg: Dr. Olaf Lüke (Senior Partner), Sebastian Heinke (Attorney at Law)

With over 900 employees at 18 locations, dhpg GmbH ("dhpg") is one of the leading medium-sized auditing and consulting companies in Germany. It employs highly qualified auditors, tax consultants, lawyers, and IT specialists, which enables it to offer its clients a comprehensive range of services.

www.dhpg.de