Livingstone’s Industrial sector team has advised HALEX Holding GmbH, Aldenhoven, on its acquisition of 100% of the shares in Härterei Aribert Conrad GmbH based in Iserlohn-Sümmern.
The hardening shop “Härterei Aribert Conrad GmbH” is specialized in the heat and surface treatment of metallic material and operates SPS-controlled hardening lines with highly motivated and skilled staff on over 1500 square meters production space. The machines’ various application possibilities allow to work an advanced variety of different materials providing excellent, certified quality. Even large quantities will be delivered to the customers’ facilities with minimal lead times and optimal quality. This is guaranteed through continuous modernization of the machinery and reliable, future-oriented processes as innovation and progress have a long tradition at Conrad.
“Conrad is an excellent addition for our corporate group as technology, geographic location, corporate culture and customer basis fit very well to our group.” as described by Sven Killmer, CEO HALEX Holding GmbH. “We are particularly happy that Mr. Kampen will continue to manage the hardening shop Conrad as an experienced and well-connected managing director. Embedded in our supporting HALEX-Holding-structure Conrad is able to continue its success story of the pre-vious years and in join cooperation and our support, invest into its employees, production capacity and new technology. We welcome the hardening shop “Härterei Aribert Conrad GmbH” and all its employees within the HALEX family!”
Martin Kampen, CEO Härterei Aribert Conrad GmbH adds: “We are happy that through the acquisition we have been able to solve the company’s open successor question and were able to ensure the long-term persistence of the company while strongly equipping it for the future, as there are attractive possibilities for knowledge transfers within a group. The HALEX Holding offers a significant added value to us in many areas. Next to the advantages of a large corporate group, HALEX convinced us especially through its mid-tier corporate culture and decentralized govern-ance strategy. Concrete, this means for us demand-based support in the future, while still being able to make our own decisions for our own local market.”
The HALEX GROUP was founded in 1990 and operates as a successful corporate group with two business segments. The company with headquarters in Aldenhoven, Germany belongs to the leading manufacturers of aluminum extrusion dies and service providers for metal finishing through heat and surface treatment in Europe. HALEX operates 15 subsidiaries with around 550 employees in Germany, Italy, The Netherlands and Romania.
For the transaction ARQUIS Rechtsanwälte supported the HALEX Holding on the legal side, PwC acted as financial and tax advisor. Additionally, the ERM Group advised on the fields environment, health and safety. The contact to the “Härterei Aribert Conrad GmbH” was made by the M&A consultancy Livingstone Partners.
“We are happy to have successfully advised HALEX Holding GmbH in this transaction. In the course of our ongoing buyside mandate, the acquisition of Conrad is an important second step in the Company’s ongoing growth strategy for its heat treatment and hardening techniques business”, Ralph Hagelgans, Partner, and Philip Dorsemagen, Director at Livingstone in Düsseldorf, commented.