Sponsor Capital becomes the majority shareholder of Herrmans to support future growth and development. The aim is to further strengthen the market position and competitive advantages. Herrmans Group develops, produces and markets light solutions for heavy duty vehicles and bicycle components. The company has a strong tradition of manufacturing and marketing products since 1959. The products are sold to OEMs and aftermarket worldwide. Total turnover in 2018 is approx. EUR 57m and the number of employees is approx. 270.