Press Release
Private Equity finances creation of HübnerKTB
Patrimonium Private Equity finances the merger of Hübner Oberflächentechnik GmbH (“Hübner”) and Kunststofftechnik Bernt GmbH (“KTB“), and maintains controlling majority.
Zürich, Marktoberdorf and Kaufbeuren,10. März 2021: Hübner Oberflächentechnik GmbH (“Hübner”) and Kunststofftechnik Bernt GmbH (“KTB”) are merging. Patrimonium Private Equity is the previous majority shareholder of Hübner Oberflächentechnik GmbH and will continue to hold the controlling majority in the parent company after the combination. All other existing shareholders will continue to hold shares as well. The merger lays the foundation for a powerful alliance that will be an even stronger partner for its customers. The parent company will operate under the new name HübnerKTB and will be headed by the two current managing directors of KTB, Dr. Lars Wiegmann and Dr. Carsten Brockmann.
The merger of Hübner and KTB creates a powerful new market player that offers its customers even greater stability and increased flexibility. The newly formed HübnerKTB GmbH will operate in the three strategic business areas of automotive, sanitary products and consumer goods. In addition to an increased market share, the bundling of forces will also allow significantly larger order volumes to be processed. The broader technology offering will enable the Group to provide customers with services that are even better tailored to their specific needs. The merger will also lead to a more diversified customer portfolio.
Operational continuity and attractive growth opportunities
The expansion of the production facilities to three electroplating plants will strengthen operational continuity. In addition to the joint focus on galvanized plastic products and toolmaking, both companies contribute specific process know-how to the partnership: while Hübner brings specific knowledge in the field of physical vapor deposition (PVD), among other things, KTB has significant market experience particularly in the field of laser technology. In addition, KTB holds several patent rights that offer future growth potential.
New competitive advantages
The future managing directors, Dr. Lars Wiegmann and Dr. Carsten Brockmann, who have transformed KTB into an innovative company over the past years, are convinced that the merger with Hübner will bring major competitive advantages: ” For years we have been proving that we are able to compete in the globally contested market of plastic electroplating and that we can contribute crucial product components for renowned customers. The alliance with Hübner will further improve our joint market position considerably”, explains Wiegmann. Brockmann adds: “As an employer, too, the concentration of our forces is a groundbreaking step. New development opportunities and promotion prospects are created for our employees, and we increase our attractiveness for new top talents. This benefits the entire region.” Werner Schnorf, Chairman of the Advisory Board of Hübner and Managing Director of Patrimonium Private Equity, says: “We are proud that we could enable the formation of a new, stronger and hence more relevant company.”
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About Patrimonium Private Equity
Patrimonium Private Equity Advisors AG (Patrimonium Private Equity) advises Patrimonium Private Equity Fund SCSp and is part of Patrimonium Asset Management AG. Patrimonium Asset Management AG (PATRIMONIUM) is a Swiss alternative investment management company regulated by the Swiss Financial Markets Authority (FINMA). PATRIMONIUM offers professional investors private market investments in real estate, private debt, private equity and infrastructure. The group is mainly active in Germany, Switzerland and neighboring countries. It employs over 60 professionals at its offices in Lausanne, Zurich and Zug. PATRIMONIUM currently manages 3,2 bn CHF in assets.
About Hübner Oberflächentechnik GmbH
C. Hübner GmbH owned by Hübner Surface Technology GmbH, Marktoberdorf/Germany (www.huebnergmbh.de) was founded in 1924 and has specialized in the development of plastic injection molding and surface finishing of plastics. The group currently employs around 200 people in the areas of toolmaking, plastic injection molding, plastic electroplating, PVD and sales. The company is managed by Dr. Andreas Schmid, to whom Thomas Hübner passed on the management of the company after more than 20 years. In 2020, Hübner achieved sales of around EUR 20.7 million. Today, the company is one of the leading surface finishers for injection-molded plastic parts and is regarded in the Allgäu-Schwaben region as an attractive and responsible employer and training company.
About Kunststofftechnik Bernt GmbH
Kunststofftechnik Bernt GmbH, Kaufbeuren/Germany (www.ktbernt.de) whose roots date back to 1946, specializes in the production of galvanized plastic parts. KTB currently employs more than 300 people in the areas of toolmaking, plastic injection molding, electroplating and laser technology. The company is managed by Dr. Lars Wiegmann and Dr. Carsten Brockmann and achieved a turnover of more than EUR 25 million in 2020. KTB continuously hires new talents in all commercial and technical areas to ensure the company’s performance and know-how in the future. KTB is known in the industry and in the region for years as a reliable business partner and attractive employer.
Media contact:
François Hutter
+41 58 787 00 08
media@patrimonium.ch
