11.07.14
Along with company management, Deutsche Private Equity acquired a majority stake in J.H. Ziegler from Staufen Invest GmbH and a family office in late October.
Based in Achern, Baden-Wuerttemberg, Ziegler is a manufacturer of technical and customized premium nonwovens products for automotives and high-end furniture applications. Major clients inlcude Audi, Mercedes, VItra and Rolf Benz. It has two manufacturing sites in Germany as well as one in Hungary and one in China.
"Given an annual growth of 15%, Ziegler has the potential to expand not only to become a European market leader but also to become a visible global player," says Frank Mueller, a partner of DPE. "DPE will support Ziegler not only financially but will also act as an advisory partner for its ongoing growth. As a first step, for instance, DPE and Ziegler management have decided to invest in the expansion of its manufacturing plants."
Dierk Mohr, managing partner at Ziegler says the company is delighted to have found DPE as a new partner. "It seems as if at DPE, they really see themselves as co-entrepreneus," he adds. "Of course, we all want further growth and expansion but have been looking for a partner tha has realistic goals. And, that is what DPE offers."
Based in Achern, Baden-Wuerttemberg, Ziegler is a manufacturer of technical and customized premium nonwovens products for automotives and high-end furniture applications. Major clients inlcude Audi, Mercedes, VItra and Rolf Benz. It has two manufacturing sites in Germany as well as one in Hungary and one in China.
"Given an annual growth of 15%, Ziegler has the potential to expand not only to become a European market leader but also to become a visible global player," says Frank Mueller, a partner of DPE. "DPE will support Ziegler not only financially but will also act as an advisory partner for its ongoing growth. As a first step, for instance, DPE and Ziegler management have decided to invest in the expansion of its manufacturing plants."
Dierk Mohr, managing partner at Ziegler says the company is delighted to have found DPE as a new partner. "It seems as if at DPE, they really see themselves as co-entrepreneus," he adds. "Of course, we all want further growth and expansion but have been looking for a partner tha has realistic goals. And, that is what DPE offers."