Deal Announcement

goetzpartners advised Ergon Capital Partners backed svt Group in the Commercial Due Diligence of Rolf Kuhn Group

20. Februar 2018

goetzpartners has advised svt, a portfolio company of Ergon, on its merger with Rolf Kuhn Group, composed of Rolf Kuhn GmbH, its subsidiary Rolf Kuhn Brandschutz GmbH (Austria), Flamro Brandschutz-Systeme GmbH, Prüf- und Technikzentrum Brandschutz GmbH and Kuhn Service GmbH (together “Rolf Kuhn”). Rolf Kuhn is one of the leading German manufacturers of passive fire protection products and solutions.

goetzpartners' Private Equity consulting team conducted a Commercial Due Diligence with a particular focus on strategic fit and synergy assessment emphasizing the highly complementary combination of svt and Rolf Kuhn group regarding the product and service offering, as well as end-markets and covered geographies.

Through the combination, svt and Rolf Kuhn will form a leading manufacturer of fire protection products in Europe with a comprehensive product portfolio backed by an extensive and complementary portfolio of more than 400 national and international certifications. The combined group will employ a workforce of more than 600 employees and generate a turnover of approximately €150 million in more than 60 countries. The transaction is still subject to approval by the competent authorities.

Steffen Gerdau, CEO of the combined group, commented: “I am looking forward to working together with Rolf Kuhn’s employees. There is a strong strategic fit between svt and Rolf Kuhn and I am convinced that the new group will be even more successful serving its customers in the national and international markets.”

Wolfgang de Limburg, Managing Partner and Nils Lüssem, Partner at Ergon Capital Advisors in Germany added: “The combined group forms one of the leading players in Europe in the attractive niche market for passive fire protection products and solutions. We are pleased to be able to support the group in the future.”

About Ergon Capital Partners

Ergon Capital Partners III is a mid-market private equity investment company with ~€500 million under management backed by family-controlled Groupe Bruxelles Lambert and selected European institutional investors. Ergon is a disciplined and discreet value investor, which provides “patient and friendly capital” to entrepreneurs and managers, who need capital to accelerate the development of their companies. Ergon makes equity investments from €25 million up to €75 million in leading companies in attractive niche markets.

goetzpartners Team

Dr. Sigurd Kitzer

Lars Timmer
Senior Consultant

Florian von Villiez
Associate Consultant