Aquin Advises:
On The Entry Of:
Key Terms
| > | In the course of a structured takeover through consecutive capital increases (for the first time on March 4, 2011), CORONA EQUITY Partner AG took over a majority stake in the SBF Spezialleuchten Wurzen GmbH and its subsidiary, the Leuchtenmanufaktur Wurzen GmbH. |
| > | Aquin acted as the exclusive M&A advisor to the owners of SBF Spezialleuchten Wurzen GmbH. |
Strategic Logic
| > | With the strengthened equity basis, SBF is able to realize growth investments into current and non-current assets in order to maximize its revenue and profitability potential. |
| > | The stake in SBF offers CORONA the opportunity to actively accompany the business along its growth path and to realize attractive value enhancement potentials through its development towards becoming a »key player« within the growth market of lighting for railway vehicles. |
| > | For more than 60 years, SBF has been developing, constructing and manufacturing innovative lighting systems for the railway industry suited to customer requirements on a high-quality basis. Siemens, Bombardier, Alstom and Stadler are among SBF’s long-term customers. |
| > | In the field of LED illumination for high-speed trains, SBF was able to establish itself as market leader in Germany. |
| > | The Leuchtenmanufaktur Wurzen GmbH draws and produces historic lamps for buildings rich in tradition (e.g. Semper Opera in Dresden). It has a strong partnership with Swarovski and creates custom-made items for its private, international clients. |
| > | The CORONA EQUITY Partner AG is a holding company, listed at the m:access Munich Stock Exchange and is headquartered in Grünwald (Germany). |
| > | Its participations focus centers around mid-sized companies with a sustainable product structure in an attractive industry and revenues of minimum 30 million euros. |