Heliad Equity Partners GmbH & Co. KGaA / Miscellaneous
07.12.2009
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++ Heliad acquires a majority interest in Swiss heating installation
service provider R. Häsler AG
++ New portfolio company generates annual sales in excess of 20 million
Swiss francs
++ Systematic implementation of service focus
On 4 December 2009, Heliad Equity Partners GmbH & Co. KGaA ('Heliad')
signed an agreement to purchase one hundred percent of R. Häsler AG,
Möhlin, Switzerland, thereby acquiring the company from its sole
shareholder Roland Häsler as part of a small and medium-sized company
succession solution.
This acquisition is a continuation of Heliad's systematic pursuit of its
focus on high-growth service companies. R. Häsler AG provides services in
the heating installation and maintenance sector in the growth region of
Northwestern Switzerland. The company has more than 80 employees at five
locations in the cantons of Aargau, Basel-Country and Basel-City, and
generates annual sales in excess of 20 million Swiss francs, making it by
far the largest heating contractor in Northwestern Switzerland. The company
has been benefiting primarily from sustained building activity
(single-family homes and condominiums) in the region of Northwestern
Switzerland, which is continuing in spite of the current challenging
economic environment. Regulations on improved energy efficiency and the
general trend toward alternative energy sources (photovoltaics, heat pumps
and geothermal systems) are also creating additional growth potential. The
company has achieved substantial double-digit growth rates in the past by
means of selective company acquisitions and establishing new locations.
The founder and former sole shareholder Roland Häsler is transferring
ownership to Heliad as part of a succession solution. Former managing
director Jörg Kaiser and the five branch managers will take over
responsibility for operations management. In addition, Mr. Häsler himself
has agreed to remain in an advisory capacity in order to assist the company
with its further growth.
Ralf Flore, CEO of Heliad Equity Partners GmbH & Co. KGaA, has the
following to say on the takeover of R. Häsler AG: 'The acquisition of R.
Häsler AG is a continuation of Heliad's systematic pursuit of its
investment strategy of investing in successful high-growth small and
medium-sized service companies. Because Northwestern Switzerland is a
high-income immigration region, R. Häsler AG will profit from a
continuation of the lively new construction activity prevalent in the
region. The current fragmentation of the heating, ventilation and air
conditioning market, new building regulations on energy efficiency, and the
trend towards alternative heating systems, such as heat pumps, are further
drivers of future growth. This initial investment in Switzerland allows
Heliad to gain a foothold in an attractive market for succession
solutions.'
++ About Heliad
Heliad is a publicly listed investment company which invests in high-growth
companies in German-speaking countries. Heliad relies in this respect on
established, owner-managed business models with sales of between EUR 10
million and EUR 100 million and a focus on service providers ('asset-light'
focus). With this investment focus and its buy-and-build strategy, Heliad
is positioned in the attractive niche between venture capital and
traditional buyouts. With around 4,000 employees, the twelve companies
currently in Heliad's portfolio generate combined sales of more than EUR
650 million. Further information about the company can be found at
www.heliad.com.
Contact:
Heliad Equity Partners GmbH & Co. KGaA
Thomas Kunder
Chief Financial Officer
Phone: +49 69 71 91 59 65 39
E-Mail: investor-relations@heliad.com
07.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt am Main
Deutschland
Phone: +49 69 71 91 59 65 0
Fax: +49 69 71 91 59 65 11
E-mail: info@heliad.com
Internet: www.heliad.com
ISIN: DE000A0L1NN5
WKN: A0L1NN
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
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