Lincoln International represents Bosch in the sale of its Automotive Horns business unit to an industrial consortium led by Schabmüller and SMT Scharf
Bosch sold its non-core Automotive Horns business unit. The manufacturing operations will be continued by an industrial consortium and the production facility augmented with additional products to enable the ongoing use of the site in La Carolina (Spain).
The industrial consortium plans to continue making and distributing horns, which generated worldwide sales of approx. EUR33m on approx. 15m units in 2007.
Schabmüller GmbH, a portfolio company of publicly listed Aurelius AG, makes and supplies electric motors and drives for industrial purposes. Publicly listed SMT Scharf Group is a market leader in transportation systems for special applications, including monorail transport and floor-mounted rail systems and chairlifts, conveyors and cable handling systems primarily for use in mining.
Lincoln International acted as exclusive financial advisor to Bosch Group. For more information about this transaction, please contact:
Patrick von Herz, Managing Director.
About Lincoln International
Lincoln International specializes in merger and acquisition services, debt advisory services, UK pension advisory services and providing fairness opinions and valuations for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, New York, Paris and Vienna, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies. The organisation provides clients with senior-level attention, in-depth industry expertise, and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com
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