BayBG acquires minority stake in SAV
Munich/Nuremberg — The clamping technology company SAV GmbH, Nuremberg, announces a capital increase. The new capital comes from BayBG Bayerische Beteiligungsgesellschaft, which takes over 20 percent of the company’s shares as a minority shareholder and at the same time contributes a silent partnership. BayBG’s investment will enable SAV, which has annual sales of €27 million at sites in Nuremberg, Mittweida and Göppingen, to continue its development into an engineering specialist and thus successfully complete the restructuring process of recent years.
As one of the few full-range suppliers, SAV can draw on many years of expertise in magnetic, rotary and stationary clamping and automation solutions, giving the company a high level of solution competence for all clamping technology requirements in a wide range of industries. Well-known companies from the fields of mechanical engineering, transport and traffic, agricultural technology, aerospace and medical technology are among SAV’s customer portfolio. Independent product developments form a focal point of the further orientation.
SAV is also increasingly relying on intelligent automation concepts, such as the robot cell developed in-house. Martin Schacherl, Managing Director of SAV, is very pleased with the new investor: “With BayBG, we have gained a very experienced new partner. The newly acquired network and the additional capital give us the freedom to leverage growth potential, for further developments and for opening up new markets. We are convinced that the cooperation will be very successful for both sides.”
Thomas Becher, Senior Investment Manager of BayBG, adds: “We were particularly convinced by the experienced and competent SAV management team. With its consistent further focus on becoming an engineering specialist, the company is tapping additional potential as a provider of clamping technology solutions.”
About BayBG
With an invested volume of more than 300 million euros, BayBG Bayerische Beteiligungsgesellschaft mbH is one of the largest venture capital and private equity investors and providers of mezzanine finance for medium-sized companies. It currently has a commitment of over 300 million euros. With its venture capital and equity investments, it enables medium-sized companies and start-ups to implement innovation and growth projects, arrange for company succession or optimize their capital structure.