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> | The HANNOVER Finanz Group acquired 55 percent of the shares of SIMPLON Fahrrad GmbH and its Swiss affiliate Individual Bikes GmbH. |
> | Aquin acted as the exclusive M&A advisor to SIMPLON as well as to the owner family Hämmerle. |
Strategic Logic
> | In the context of the company’s further sustainable development, SIMPLON aims at realizing their growth opportunities – including the achievement of a higher international market presence. |
> | With the HANNOVER Finanz Group, the long-established company has brought in a supportive sparring partner. Through this business partnership, SIMPLON gains access to the Group`s broad-based network and many years of sales experience. |
SIMPLON
> | The family-held company, based in Vorarlberg (Austria), develops and produces custom-made sportive premium bicycles. SIMPLON thereby is very successful in Germany, Austria and Switzerland. |
> | In 2013, SIMPLON Fahrrad GmbH attained an annual turnover of 17.4 million euros with 51 employees and 11,200 bicycles and bicycle frames sold. |
HANNOVER Finanz Group
> | For over 35 years the HANNOVER Finanz Group has been a private equity partner for the SME sector. Notable companies like Fielmann, Rossmann or AIXTRON AG have realized their growth with HANNOVER Finanz. |
> | In 2013, the invested capital amounts to more than 300 million euros allocated to 41 portfolio companies. |
> | Through their commitment with sporting goods retailer Runners Point and the winter sports apparel manufacturer Ziener, HANNOVER Finanz has several years of experience in the sporting goods industry. |