Lincoln International advises Freudenberg Group in the sale of its automotive actuators business to the Japan based EKK Group
Frankfurt, June 2011 - Freudenberg & Co. KG, the German family owned Group headquartered in Weinheim, has sold 100% of its shares in its actuators operations to the public listed Japanese group Eagle Industry Co. Ltd (EKK).
Freudenberg's actuators business develops and distributes tailor-made engineered solutions for actuating components enabling fuel efficiency and CO2 emission reduction in ICE, turbo charged and hybrid vehicles.
Freudenberg is a family company offering its customers technically challenging product solutions and services. The Freudenberg Group is first and foremost a supplier specializing in seals and vibration control technology, nonwovens, filtration, lubricants and release agents as well as mechatronic products. The Freudenberg Group employed around 34,000 people in 59 countries and generated sales of more than 5.4 billion euros in 2010.
EKK manufactures and markets mechanical seals, special valves, plant devices, marine-related products, bellows devices; and related installation work for the automotive and general industry as well as for maritime and aerospace applications.
Lincoln International acted as exclusive financial advisor to Freudenberg & Co. The Transaction represents the 26th successful transaction of the Lincoln International Global Automotive and Truck Group since 2008.
For additional information about Lincoln International, please contact:
Patrick von Herz
Managing Director
+49 69 97105 442
Christoph Ulrich
Director
+49 69 97105 414
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions and valuations on a wide range of transaction sizes. With 10 offices in Asia, Europe and North America Lincoln International has strong local knowledge and contacts in the key global economies. The organization 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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