- Sames Kremlin has signed an agreement to acquire 100 % of interest in Eisenmann intec GmbH & Co. KG
- Sames Kremlin is a subsidiary of the EXEL Industries Group
- Ebner Stolz provided buy side Financial and Tax Due Diligence services and supported on structuring and purchase price negotiations
Stuttgart, 9th December 2019 - The auditing and consulting firm Ebner Stolz advised the EXEL Industries Group on its acquisition of 100% of interest in Eisenmann intec GmbH & Co. KG.
Eisenmann intec GmbH & Co. KG is a major manufacturer of bonding equipment specific to the automotive industry. As profitable company, Eisenmann intec's sales in 2019 will reach almost EUR 40 million. Eisenmann intec engages approximately 120 employees, 16 of whom are outside Germany, to support its export customers.
Eisenmann intec GmbH & Co. KG shall be acquired by Sames Kremlin, an EXEL Industries Group subsidiary, specialized in applications of paints and high-viscosity products. Eisenmann intec’s site at Erftstadt, near Cologne, will be retained with all the staff in Germany and abroad. With this strategic acquisition, EXEL Industries Group is strengthening its presence, especially with German automobile manufacturers. On basis of the highly complementary product ranges and customers, EXEL Industries Group intends to develop its activities in the area of high-viscosity products in the automotive and industrial sector.
Ebner Stolz advised the EXEL Industries Group in the acquisition by providing Financial and Tax Due Diligence services as well as support on transaction structuring. This support also included advice in respect of the tax aspects of the purchase agreement.
Ebner Stolz team: Alexander Euchner (Project leading Partner, Tax Due Diligence, structuring, SPA), Stefanie Schrötter and Timo Wagner (both Tax Due Diligence, structuring) as well as Dr. Christoph Eppinger (Partner Financial Due Diligence), Endre Lazar and Marcel Maier (both Financial Due Diligence)
Dr. Ulrike Höreth
Tel. +49 711 2049-1371
Tel. +49 711 2049-1575
Dr. Christoph Eppinger
Tel. +49 711 2049-1409
About Ebner Stolz
Ebner Stolz is one of the largest independent mid-sized MDP firms in Germany and is among the Top Ten in the sector. The firm has decades of in-depth experience in auditing, corporate finance, tax advice, legal advice, and corporate consulting. With more than 1500 employees and characterized by a market-leading position in the mid-cap transaction market, the sector Corporate Finance plays a central role within Ebner Stolz. The Corporate Finance team predominantly advises medium-sized industrial enterprises as well as Private Equity companies and Family Offices in the course of national and international transactions.
Cross-border auditing and consulting assignments are carried out with partners of Nexia International, one of the world’s top ten networks of independent consulting and auditing firms. With more than 700 Nexia offices worldwide Ebner Stolz is present in more than 120 countries.