GIMV subsidiary E.Gruppe acquires Control Mechatronics
Rheinau/ Nidderau/ Munich — The Gimv portfolio company E.GRUPPE, which already includes Klotter Elektrotechnik GmbH, acquires Control Mechatronics GmbH in Nidderau near Frankfurt/Rhine-Main. With this acquisition, the E.GROUP expands its range of services in industrial electrical instrumentation and control (I&C) as well as in project planning and execution for the automation of industrial processes. The shareholders and founders of Control Mechatronics, Michael Kopf, Peter Gareis, Roland Lauk and Axel Hoch, acquire a stake in E.GRUPPE as part of the transaction. Michael Kopf and Axel Hoch will also support the Group on its growth path in an advisory capacity.
The aim of the E.GROUP is to build up a full-service provider in all trades of electrical engineering in order to offer customers a holistic and future-oriented solution portfolio from a single source. In 2021, the European investment company Gimv took a majority stake in Klotter Elektrotechnik GmbH (www.klotter.de), which was founded in 1997. Together with the entrepreneur and founder, Werner Klotter, the E.GRUPPE emerged from this investment. In addition to the existing business in customer-specific transformer station construction, switchgear cabinet and distribution board construction, and building services, Control Mechatronics is particularly strengthening the area of automation solutions for industrial processes, including automation projects for safety-related and certificate-based automation services, such as those used in nuclear power plants or for the production of control units in the medical field of proton therapy. Control Mechatronics is represented at three locations, the main plant in Nidderau, and branches in Lörrach and Ravensburg.
Michael Kopf, Control Mechatronics, on the opportunities for the future: “We are delighted that Control Mechatronics has found a partner in the E.GROUP with whom the secure and successful path taken so far can not only be continued, but further expanded. As a medium-sized industrial company and expert with many years of international experience in the complete project handling of automation challenges, we will become another cornerstone of the E.GROUP. We convince through our competent teams and employees. We work in partnership and sustainably and welcome a lasting, trusting cooperation at eye level. With our innovative solutions, we will successfully meet the growing demands of the electrical engineering industry together with the E.GROUP. With the merger, we not only secure Control Mechatronics’ jobs for the future, but can also serve the market nationwide and continue to grow successfully.”
Werner Klotter, co-owner of the E.GROUP and founder of Klotter Elektrotechnik GmbH, comments: “With Control Mechatronics we warmly welcome another member to our group. The company, which has developed into a strong partner of automation solutions in Germany, is not only an ideal fit for the E.GROUP from a regional point of view, but at the same time increases our technical expertise and enables us to respond even better to the requirements of our customers and business partners with further synergies.”
Maja Markovic (Photo © Gimv), Partner at Gimv and responsible for the Sustainable Cities platform in the DACH region, adds: “We are delighted to be able to attract the entrepreneurs of Control Mechatronics to the E.GROUP and extend a warm welcome to the entire workforce. The acquisition marks the next strategic step on our mutually agreed growth path. The E.GROUP has set itself the goal of bringing together companies and entrepreneurs from the electrical engineering sector in order to act together as a holistic solution provider in the electrical engineering sector. The E.GROUP is well positioned to meet the growing challenges of the coming years, particularly through the electrification and digitalization of infrastructure and production facilities, the promotion of renewable energies and electromobility, and especially the steadily advancing technological change.”
The transaction is subject to customary conditions, including approval by the competition authorities. Further financial details are not disclosed
About E.GROUP
The E.GROUP is a dynamically expanding group of companies for sophisticated and future-oriented electrical engineering. The E.GROUP brings together established companies and regional market leaders who want to pool their expertise in the field of electrical engineering and effectively exploit new growth potential and serve customers more holistically. The aim is to create a leading group of companies in the highly fragmented electrical engineering sector through organic growth and the acquisition of further specialists and regionally established companies. At the same time, the Group offers a wide range of growth and development opportunities for the future of the companies and its 170 employees. www.egruppe.com
About Control Mechatronics
Control Mechatronics GmbH, based in Nidderau (north of Frankfurt), is a medium-sized service and manufacturing company active in the field of industrial electrical instrumentation and control (I&C). With over 100 employees, the company also offers project planning and execution for the automation of industrial processes. In addition to the branches in Ravensburg and in Lörrach, Control Mechatronics GmbH has a subsidiary, IT&E Control Solutions GmbH, also based in Nidderau, which is active exclusively in the personnel sector (of specialist personnel such as electrical engineers). www.ctmt.de
About GIMV
For over 40 years, Gimv has been identifying entrepreneurial and innovative companies with high growth potential and, as a European investment company, supporting them on their way to market leadership. Listed on Euronext Brussels, Gimv currently has a portfolio of around EUR 1.5 billion in investments in more than 60 holdings, which together realize sales of more than EUR 3.1 billion and employ 19,000 people. www.gimv.com