ADCURAM completes acquisition of MEA AG

Munich — Munich-based indus­trial holding ADCURAM Group AG has acqui­red all shares in MEA AG of Aich­ach, Germany, follo­wing appr­oval by the rele­vant compe­ti­tion autho­ri­ties. The aim is to further acce­le­rate the growth course of the tradi­­tion-stee­­ped cons­truc­tion supplier and drive forward its expansion.

MEA AG, foun­ded in 1886, is one of the leading suppli­ers to the cons­truc­tion indus­try. The products and solu­ti­ons of the inter­na­tio­nal group of compa­nies span three busi­ness areas: Buil­ding Systems (with light wells, windows and other base­­ment-rela­­ted products), Water Manage­ment (drai­nage systems for buil­dings, roads and street­car lines) and Metal Appli­ca­ti­ons (prima­rily special gratings for indus­try and plant construction).

MEA employs around 700 people and has been growing conti­nuously for years. The annual turno­ver is around 120 million euros. In addi­tion to its head­quar­ters in Aich­ach near Augs­burg, the Group has produc­tion sites in France, the Czech Repu­blic, Roma­nia and China; it also has sales offices in nume­rous other important markets.

“All of MEA’s busi­ness areas have an excel­lent market posi­tion and repre­sent an ideal basis for further growth. In addi­tion to exten­sive invest­ments in the sites and inno­va­tive strength, our long-term stra­tegy also includes the deve­lo­p­ment of new busi­ness areas,” explains Dr. Phil­ipp Gusinde (photo), CEO of ADCURAM Group AG. “Given the still frag­men­ted envi­ron­ment, acqui­si­ti­ons of compa­nies in Germany and abroad that stra­te­gi­cally comple­ment MEA’s product and service port­fo­lio are also possible.”

With exten­sive indus­try know-how from current and previous invest­ments in indus­try and cons­truc­tion, ADCURAM will support the manage­ment team of MEA AG. In addi­tion, colle­agues from ADCURAM’s opera­tio­nal team of experts will assist in opti­mi­zing opera­tio­nal proces­ses and market presence. “In view of the ongo­ing cons­truc­tion boom and the high inter­na­tio­nal demand for quality products, the MEA Group with its strong brand has the best prere­qui­si­tes to conti­nue its success story,” said Henry Bricken­kamp, desi­gna­ted Chair­man of the Super­vi­sory Board of MEA AG and CEO of ADCURAM. MEA CEO Dr. Manfred Hübe­ner adds: “We are plea­sed to become part of an indus­trial group that stands for the successful and sustainable further deve­lo­p­ment of nume­rous well-known compa­nies. Toge­ther we will set the course to initiate the next growth step of MEA.”

About ADCURAM
ADCURAM is a priva­tely owned indus­trial group. ADCURAM acqui­res compa­nies with poten­tial and deve­lops them actively and sustain­ably. For the future growth of the Group, the capi­­tal-strong indus­trial holding company has a total of 300 million euros available for acqui­si­ti­ons. With the help of its own 40-strong team of experts, the indus­trial holding company conti­nues to deve­lop the port­fo­lio compa­nies stra­te­gi­cally and opera­tio­nally. Toge­ther, the group gene­ra­tes nearly 500 million euros in sales world­wide (2017) with six holdings and over 2,500 employees. — ADCURAM sees itself as an entre­pre­neu­rial inves­tor and invests in succes­sion plans and corpo­rate spin-offs. www.adcuram.com

About MEA
The MEA Group is an inter­na­tio­nal group of compa­nies with over 130 years of expe­ri­ence in the market, world­wide acti­vi­ties and produc­tion sites in France, the Czech Repu­blic, Roma­nia and China. Inno­va­tive products and solu­ti­ons make the MEA Group one of the leading suppli­ers to the cons­truc­tion indus­try. MEA offers its custo­mers a wide range of products for base­ment cons­truc­tion and drai­nage appli­ca­ti­ons as well as a compre­hen­sive range of gratings. The motto: “Buil­ding Succes”. MEA solu­ti­ons make cons­truc­tion profes­sio­nals’ jobs easier, faster and safer, helping them achieve real produc­ti­vity gains.