01-févr.-2021

goetzpartners advised the shareholders of El-Cab on the sale of their shares to Amphenol Corporation

Deal Announcement

goetzpartners was mandated as exclusive M&A advisor by the shareholders of Poland-based El-Cab Sp. z o.o. (“El-Cab” or the “Company”), a leading manufacturer of high-quality wire harnesses and related products for a variety of the transportation (non-auto) and other attractive end-markets, on the sale of their shares to Amphenol Corporation (NYSE: APH), a leading global provider of high-technology interconnect, antenna and sensor solutions.

With more than 25 years of experience, El-Cab is a leading family-owned manufacturer of high-quality wire harnesses and related interconnect products, primarily serving the industrial market and with annual sales of approximately $55 million. The Company has an excellent position in cable assemblies for industrial applications, and in particular, next-generation electric-powered industrial vehicles. The acquisition of El-Cab constitutes Amphenol’s first direct investment in the attractive Polish market and enables Amphenol to further strengthen its position in the European vehicle electrification and connectivity market.

The transaction was goetzpartners’ second mandate for the Olszewski family following the successful sale of Poland-based Solaris Bus & Coach S.A., a leading European manufacturer of innovative city and intercity buses, to Spain-based Construcciones y Auxiliar de Ferrocarriles, S.A. (“CAF”), a publicly-listed turnkey solutions provider for the railway industry, back in 2018.

goetzpartners acted as sole and exclusive sell-side advisor to the shareholders. The transaction further underlines our competence advising cross-border M&A transactions and our industrials sector expertise. We are pleased by the successful outcome amidst the COVID-19 pandemic.

ABOUT EL-CAB

Founded in 1995 and headquartered in Bolechowo (Poland), El-Cab is a leading manufacturer of high-quality wire harnesses and related products, a distributor of complementary goods for a variety of industries as well as a provider of support & maintenance services such as installation and repair. El-Cab offers a focused product portfolio of, among others, wire harnesses, electrical boards, and distribution cabinets for transportation and other attractive end-markets such as bus, construction & vehicle equipment, rolling stock, marine, military and medical. El-Cab operates two production locations in Poland with over 700 employees serving customers in over 20 countries, primarily from Poland and Europe.

ABOUT AMPHENOL

Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fibre optic connectors, interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in the Americas, Europe, Asia, Australia and Africa and sells its products through its own global sales force, independent representatives and a global network of electronics distributors. Amphenol has a diversified presence as a leader in high-growth areas of the interconnect market including: Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Military, Mobile Devices and Mobile Networks.

ABOUT GOETZPARTNERS

goetzpartners is an independent advisory firm for all key issues of entrepreneurial activity: Strategy, M&A, Transformation. With 300 professionals operating out of 13 offices in 11 countries, we advise clients worldwide in all key industries. Based on this in-depth sector and product expertise goetzpartners has been successfully executing more than 200 M&A transactions and numerous national and international consultancy engagements over the past 10 years. Our product portfolio combines the three major services investors need during transaction processes: M&A, Commercial Due Diligence and Debt Advisory.

 

TRANSACTION TEAM

Christian Muthler
Managing Director
Email

Markus Rosen
Associate Director

Sven Langelahn
Analyst

Maksim Defer
Analyst