HALEX Group acquires Härterei Aribert Conrad GmbH

  • Jan 2020
  • Industrial
  • M&A: Buy-Side
  • Germany

Livingstone has advised HALEX Holding GmbH on the acquisition of 100% of the shares of Härterei Aribert Conrad GmbH (“Conrad”).

Härterei Aribert Conrad GmbH hardens and quenches steel products and operates PLC-controlled hardening systems with highly motivated and qualified employees on a production area of over 1500 sqm.

Due to the wide application possibilities of the machines, it is possible to process a wide variety of materials individually in a certified and excellent quality. Even large quantities can be returned to the customer after the shortest processing time and in optimal quality. Innovation and progress have a long tradition at Conrad and therefore they guarantee a constant modernization of the equipment and reliable, future-oriented processes.

“Conrad is an excellent addition to our group of companies, as its technology, geographical location, corporate culture and customer base are all very much in line with ours as a group,” explains Sven Killmer, Managing Director of HALEX Holding GmbH. “We are particularly pleased that Mr. Kampen, as an experienced and well-connected managing director, will continue to lead the fortunes of Conrad. Integrated into our HALEX Holding structure, Conrad can continue the successful path of recent years and, with our support, invest more heavily in employees, production capacities and new technologies. We would like to extend a warm welcome to Härterei Aribert Conrad GmbH and its employees in the HALEX family.”

Martin Kampen, Managing Director of Härterei Aribert Conrad GmbH, adds: “We are delighted that the sale of our company has enabled us to secure the succession in the shareholder structure for the long term. We have now positioned the company strongly for the future in terms of content and knowledge transfer within the group. HALEX Holding offers our company significant added value in many areas. In addition to the advantages of being part of a larger group of companies, however, HALEX convinced us in particular by its medium-sized corporate culture and decentralized management strategy. In concrete terms, this means that in future we will receive demand-oriented support, but at the same time are still able to make decisions for our local market ourselves.”

The HALEX Group was founded in 1990 and is a successful German group of companies with two business divisions. The company with its headquarters in Aldenhoven is one of the leading manufacturers of aluminium extrusion tools and service providers for metal finishing by heat treatment and hardening techniques in Europe. HALEX has 15 sites in Germany, Italy, the Netherlands, and Romania and employs around 550 people.

In the transaction ARQIS Rechtsanwälte acted as legal advisor to HALEX Holding, PwC acted as financial and tax advisor. The ERM Group also provided advice on environmental, health and safety issues. The contact to Conrad was established by Livingstone Partners.

“We were pleased to be able to support HALEX Holding GmbH in another transaction. Within the scope of search, Conrad represents another important step in the implementation of the growth strategy pursued in the field of hardening technology and heat treatment,” added Ralph Hagelgans, Partner, and Philip Dorsemagen, Director at Livingstone in Düsseldorf.

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