MBB subsidiary Aumann acquires LACOM, a leading laminating and coating specialist with a focus on battery and fuel cell technology
November 01, 2023 at 04:29 am
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EQS-News: MBB SE
/ Key word(s): Investment/Takeover
MBB subsidiary Aumann acquires LACOM, a leading laminating and coating specialist with a focus on battery and fuel cell technology
01.11.2023 / 09:27 CET/CEST
The issuer is solely responsible for the content of this announcement.
MBB subsidiary Aumann acquires LACOM, a leading laminating and coating specialist with a focus on battery and fuel cell technology
Berlin, 1 November 2023 – Aumann AG, a subsidiary of MBB SE (ISIN DE000A0ETBQ4), takes over the business operations and the technology portfolio of LACOM GmbH ("LACOM"), based in Lauchheim, as part of an asset deal with effect from today. The company will operate under the name Aumann Lauchheim GmbH and the name LACOM will remain a strong brand within the Aumann Group.
LACOM is a specialist in laminating and coating equipment, particularly in the areas of electrode- and MEA-manufacturing (membrane electrode assembly). The strategic acquisition of LACOM fits seamlessly into Aumann's e-mobility strategy and provides technological access to upstream processes in the manufacture of batteries and fuel cells. In the field of fuel cells, Aumann is now able to offer innovative production solutions along the entire value chain - from coating and stacking to final assembly. In the field of battery systems, Aumann is expanding its existing portfolio of battery module and battery pack assembly with coating systems for electrode production.
In the 2022 financial year, LACOM achieved revenues of around €10 million. Since mid-2023, the company has been in insolvency proceedings due to the insolvency of the parent company Kiener Maschinenbau GmbH. In the 2023 financial year, the acquisition will have no significant impact on Aumann's revenues and earnings. Profitable revenues in the low double-digit million range are expected for 2024.
MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
request@mbb.com
www.mbb.com
Executive Management
Dr. Constantin Mang (CEO)
Dr. Jakob Ammer
Torben Teichler
Chairman of the Board and Executive Director
Dr. Christof Nesemeier
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HRB 165458
01.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
MBB SE
Joachimsthaler Strasse 34
10719 Berlin
Germany
Phone:
+49 (0) 30 844 15 330
Fax:
+49 (0) 30 844 15 333
E-mail:
anfrage@mbb.com
Internet:
www.mbb.com
ISIN:
DE000A0ETBQ4
WKN:
A0ETBQ
Indices:
PXAP
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
MBB SE, formerly MBB Industries AG, is a German-based private equity firm specializing in acquisitions of established medium-sized industrial companies. The Company makes investments in entities seeking to sell off a part of their business or the entire operation, perhaps as part of a succession process; selling a subdivision or an affiliated entity that no longer forms part of the organization's core business, and seeking for a management buyout or buy-in. It targets investments in firms with turnovers of 10 million euros and above. Its portfolio consists of Aumann AG, specializing in e-mobility, coil winding and automation, CT Formpolster GmbH, a producer of flexible polyurethane foams, Delignit AG, a supplier of ecological hardwood-based materials, DTS IT AG, a cloud computing and cyber security provider, Hanke Tissue Spolka Z O.O., a producer of tissue paper, and OBO-Werke GmbH, a supplier of products for model construction, toolmaking and mould production, among others.