Lincoln International advises Helarb Fund, Naxicap Partners and the founding shareholders (Clarino family) in the sale of CCN Group to Halder and the current management team of CCN
Frankfurt, July 2011 - The industrial private equity fund Helarb Fund and the co-founders of CCN group sold their shares in CCN group, a leading manufacturer of high-precision components used in turbochargers for automotive engines, to the German based private equity fund Halder.
CCN Group was founded in 1986 and specialises in high precision components and castings, e. g. wheels and wheel-shafts - for turbochargers. Key clients include major turbocharger OEMs such as Honeywell, Borg Warner and IHI. Over the past years the company has built an international production network including facilities in France, Slovakia and Mexico to support clients in key regions and is looking into further expansion in Asia. The international workforce represents more than 50% of CCN's total staff of c.600. Sales are about Euro 100 million.
Helarb Fund acquired a majority stake in CCN in 2004. The fund has been active since 1982 and has completed 18 investments. Helarb Fund is a Luxembourg based industrial private equity fund, seeking to acquire stakes in small and medium companies in Switzerland, France and Germany.
Halder was established in 1988 and is part of Gimv, a listed European private equity and venture capital group based in Belgium. Gimv focuses on buyouts, growth capital, venture capital and infrastructure investments.
Lincoln International acted as exclusive financial advisor to the shareholders. The Transaction represents the 28th successful transaction of the Lincoln International Global Automotive and Truck Group since 2008.
For additional information about Lincoln International, please contact:
Patrick von Herz
+49 69 97105 442
+33 1 535318 24
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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