Buy-Side | Industrial: ARTHOS advises Indutrade on its Acquisition of Stein Automation

Expansion in industry 4.0 conveyor systems for production process optimization
Indutrade engaged ARTHOS as an M&A advisor to identify strategic partners in the DACH region. The focus was on companies that provide industrial automation systems.

ARTHOS advises Indutrade on its acquisition of Stein Automation

Exclusive Financial Advisor
in the Buy-Side M&A Process

ARTHOS served as the exclusive financial advisor to the owners of Indudtrade throughout the entire buy-side M&A process. This included:

  • Evaluation and structuring of the offer
  • Identification and outreach to the target company
  • Execution of the M&A process, including the coordination of the due diligence and commercial contract negotiations through to a successful closing
Arno Paetzold Contact Image

Arno Pätzold

Managing Partner ARTHOS
Expert in Sensors, Automation, Semiconductor & Photonics

The Transaction: Indutrade Acquired Stein Automation

Indutrade has completed the acquisition all of the shares in the German company Stein Automation GmbH & Co. KG, after approval by the German Competition Authority, Bundeskartellamt.

Stein Automation, with annual sales of approximately EUR 10 million, is a supplier of pallet transfer systems for assembly-lines. The systems are Industry 4.0-ready and built up by standardized modules, providing flexible configuration and re-modelling features, to optimize the customers’ production processes. The customers are companies primarily based in Germany, often with international production facilities, within the automotive, consumer goods and medical industries. Application areas are found in various assembly-line pallet transfer systems for e.g. white goods, electronics and automotive products. Stein Automation, established in 1969, has 45 employees and is based in Villingen-Schwenningen, Germany.

Closing takes place today and Stein Automation will be included in Indutrade’s Business Area DACH. The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share.

Our Client: Indutrade, Sweden

Indutrade markets and sells components, systems and services with a high-tech content in selected niches. Indutrade’s business is distinguished by high-tech products for recurring needs, growth through a structured and tried-and-tested acquisition strategy, and a decentralised organisation characterised by an entrepreneurial spirit. The Group is organised into eight Business Areas: Benelux, DACH, Finland, FlowTechnology, Fluids & Mechanical Solutions, Industrial Components, Measurement & Sensor Technology and UK. Indutrade’s sales totalled SEK 16,848 million in 2018, generating an operating profit of SEK 2,087million before amortisation of intangible assets. Indutrade is listed on Nasdaq Stockholm.

Strategic Partner: Stein Automation, Germany

Founded in 1969, Stein Automation is a German supplier of automation solutions headquartered in Villingen-Schwenningen with more than 45 employees. The company has worldwide operations spanning the automotive industry, medical technology, white goods, and even home electronics. Its focus lies in conveyance systems for workpiece support solutions, which are typically found in assembly areas in production.

Stein Automation Logo

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