Aquin Advises:
On The Sale To:
Key Terms
| > | With effect from March 31, 2017, REAC AB acquired AAT Alber Antriebstechnik GmbH, a leading supplier and manufacturer of electrically powered stair climbing solutions and add-on kits in the field of rehabilitation and transportation technology. |
| > | Aquin acted as the exclusive M&A advisor to the owners and founders of AAT, Thomas and Markus Alber. |
Strategic Logic
| > | The sale to REAC AB is part of AAT`s succession plan. The takeover will enable the company to realize its long-term growth strategy, to strengthen its leading market position in Germany and to fully leverage its potential to significantly increase its international footprint. |
| > | With the acquisition, REAC creates an excellent basis to further pursue its strategy to establish themselves as a leading supplier of motion systems for the global medical technology industry. |
AAT
| > | The company AAT Alber Antriebstechnik GmbH, founded in 1995, is an asset-light producer of mobile, flexible and innovative stair climbing solutions as well as add-on drives currently exporting to more than 30 countries. |
| > | AAT is headquartered in Albstadt (Germany), achieved an annual turnover of 18 million euros and employs 72 people. |
REAC
| > | REAC Group, headquartered in Åmål (Sweden), produces and supplies motion systems within the global mobility rehab industry. The product portfolio consists of a broad range of advanced power solutions, such as electrical actuators, lift and tilt systems as well as control systems. |
| > | As a fully-owned subsidiary of Latour Industries AB, which has posted sales of 170 million euros in 2016 and is a part of the investment company Latour Investment AB, REAC generates revenues of 35 million euros and employs 345 people at three sites in Sweden and Poland. |