The Munich industrial holding company ADCURAM Group AG is acquiring 98.57 per cent of the shares in Herford-based Poggenpohl Möbelwerke GmbH from the Swedish Nobia AB. The respective sale and purchase agreement was signed on 19 December 2016, although the transaction is still subject to official approval. Continue reading
Tag Archives: ADCURAM
TRACC LEGAL advises ADCURAM in the majority takeover of the VITRULAN Group
Munich industrial holding ADCURAM Group AG is acquiring 90 per cent of the shares in the Vitrulan Group under a succession arrangement. The respective sale and purchase agreement was signed on 07 October 2016. The previous majority shareholder will retain a ten per cent stake in the operative companies Vitrulan Textile Glass GmbH in Marktschorgast (Upper Franconia) and Vitrulan Technical Textiles GmbH in Haselbach (Thuringia) and will continue to lead the group as managing director. Continue reading
ADCURAM sells HOCO
On 24 August 2016 Munich industrial group ADCURAM sold the HOCO Group, which trades in Germany under Hoco Fenster und Haustüren GmbH. The buyer is a group of investors consisting of NAVIGIS AG and Apex AG. Continue reading
ADCURAM sells Hennecke Group to Capvis
The Munich-based industrial holding ADCURAM has sold Hennecke Group to Swiss-based financial investor Capvis Private Equity Partners AG. Hennecke is the global technology and innovation leader in the field of developing and constructing machinery and equipment used for the processing of Polyurethane. The transaction is subject to approval by the competent merger control authorities. Continue reading
ADCURAM purchases assembly part division from Haas-Group
With sale and purchase agreement dating October 29, 2015, Haas-Group sold its complete assembly part division to ADCURAM. The sale, which is still subject to the consent of the cartel authorities, comprises the business units Bayerwald Fenster und Haustüren, Hoco Fenster und Türen as well as Wo&Wo Sonnenlichtdesign. Combining some 800 employees these business units generate a yearly turnover of more than EUR 100 Mio. Continue reading
ADCURAM sells Nuvisan to a Family Office and the Management
Munich-based industrial holding ADCURAM has sold its subsidiary Nuvisan Pharma Holding GmbH effective 12 December 2014. The new owners are a highly regarded Southern German family office and the management team led by Dr. Dietrich Bruchmann. ADCURAM has thus now also sold the early-phase business, having successfully divested the late-phase branch to Japanese investor Linical in November 2014. Continue reading
ADCURAM acquires Hanse Haus
Munich-based industrial holding ADCURAM, already invested in BIEN-Zenker, a leading German manufacturer of prefabricated houses, acquired Hanse Haus GmbH, effective 6 November 2014 from Bayerische Hausbau. Continue reading