Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Sponsor Capital to acquire Herrmans Group
December 13, 2018

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.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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