I-ADVISE AG advises Bader group and EquiVest on the aquisition of Baltic Metall Grevesmühlen

Düsseldorf, June 2016: As of 1 March 2016 Bader Holding GmbH, Senden, and EquiVest II GmbH & Co., Munich, aquired the Grevesmühlen site of Baltic Metalltechnik GmbH. Baltic Metalltechnik GmbH is a subsidiary of Körber group, Hamburg. I-ADVISE acted as exclusive financial advisor.

At Grevesmühlen, Baltic Metalltechnik GmbH, member of Körber Group’s Business Area Tobacco, produces mechanical components, sheet metal and assembly groups since 1992. The plant in Grevesmühlen will be integrated into Bader group as a competence centre for stainless steel processing.

Bader is a leading producer of metal switch cabinets/operator panels and compact metal enclosures for machine tool industry, packaging industry, plastics industry and woodworking. Bader provides specialised solutions as well as services ranging from product construction to customised logistics. By acquiring the Grevesmühlen site, Bader group will strenghthen its position as full service provider in metal processing and systems.

„At Bader we are looking forward to welcoming the team of Baltic Metall in Grevesmühlen.“, says Axel Buchholz, managing director of EquiVest and chairman of the supervisory board of Bader group.

The I-ADVISE team supported Bader group and EquiVest in financial due diligence including preparation of the investor case and in negotiations with the seller.