JNS Dachtechnik merges with Vidia Equity subsidiary Wierig Group

Wetz­lar / Feld­kir­chen-Wester­ham / Munich — Nach­fol­ge­kon­tor, in asso­cia­tion with sonn­tag corpo­rate finance one of Germany’s leading M&A advi­sory bouti­ques for medium-sized compa­nies, is support­ing the owners of roofing specia­list JNS Dach­tech­nik GmbH (“JNS”) in its merger with the Wierig Group (“Wierig”), a port­fo­lio company of Vidia Equity (“Vidia”).
Alex­an­der Neureit­her from the owner family will remain invol­ved in the future joint venture in his role as Mana­ging Direc­tor and as part of a growth partnership.
JNS, based in Feld­kir­chen-Wester­ham, was foun­ded in 1982 and is a long-stan­­ding specia­list in the water­pro­ofing and reno­va­tion of flat roofs and the instal­la­tion of photo­vol­taic systems.
With a service port­fo­lio ranging from consul­ting and service work to project plan­ning and execu­tion, JNS mainly serves commer­cial and public custo­mers in the Alpine region, parti­cu­larly in the Munich and Rosen­heim area as well as in Upper Bava­ria and Austria.
The company’s high-profile custo­mer base includes nume­rous DAX-listed and inter­na­tio­nal corpo­ra­ti­ons as well as public-sector clients, inclu­ding JNS, which was respon­si­ble for the reno­va­tion of the roofs of the Deut­sches Museum in Munich and Schloss Elmau in Krün.
JNS curr­ently employs around 50 people and most recently gene­ra­ted a total output of around 14 million euros.
Wierig is an estab­lished family busi­ness with over 130 years of history and specia­li­zes in the water­pro­ofing and reno­va­tion of flat roofs and photo­vol­taic systems for indus­trial and commer­cial customers.
With over 200 employees at five loca­ti­ons in Germany, Wierig offers complete solu­ti­ons from plan­ning and execu­tion to conti­nuous roof main­ten­ance and monitoring.
Vidia is a medium-sized invest­ment company based in Munich that specia­li­zes in invest­ments in the field of indus­trial climate solu­ti­ons to promote decarbonization.
In Decem­ber 2023, Vidia Climate Fund I acqui­red a majo­rity stake in the Sieburg-based Wierig Group with the stra­tegy of lever­aging opera­tio­nal value crea­tion poten­tial and incre­asing the Group’s clout through selec­ted add-on acquisitions.
The merger of JNS and Wierig repres­ents the next mile­stone in the successful imple­men­ta­tion of this strategy.
Both compa­nies are united by their charac­ter as a family busi­ness and their focus on indus­trial flat roofs.
In future, the group will be able to offer custo­mers opera­ting nati­on­wide an even more compre­hen­sive range of services. In-depth exper­tise for succes­sion plan­ning in the trades Decar­bo­niza­tion in the wake of climate change is a global mega­trend, and the instal­la­tion indus­try is a key pillar in tack­ling it on a natio­nal level.
The tradi­tio­nally medium-sized and frag­men­ted skil­led trades sector is simul­ta­neously confron­ted with chal­lenges such as regu­la­tory chan­ges, a shortage of skil­led workers and a lack of company succession.
For affec­ted compa­nies, merging with larger groups is ther­e­fore often an option.
For the Nach­fol­ge­kon­tor project team, consis­ting of Sebas­tian Ring­leb and Dennis Minnert, the growth part­ner­ship they supported is part of a series of tran­sac­tions in this context. Sebas­tian Ring­leb, Part­ner in charge at Nach­fol­ge­kon­tor, says: “The roof is beco­ming incre­asingly important for property owners. Espe­ci­ally in the indus­trial sector, compa­nies rely on their produc­tion and storage faci­li­ties being fully protec­ted from the weather. The incre­asing preva­lence of photo­vol­taic systems for energy gene­ra­tion further increa­ses the rele­vance. The indus­try can ther­e­fore look forward to a posi­tive future. The part­ner­ship between JNS and Wierig will not only streng­then the market posi­tion of both compa­nies, but will also make an important contri­bu­tion to the energy tran­si­tion and the decar­bo­niza­tion of the buil­ding sector.” About Nach­fol­ge­kon­tor and sonn­tag corpo­rate finance Nach­fol­ge­kon­tor GmbH, in asso­cia­tion with sonn­tag corpo­rate finance GmbH, is one of the leading M&A advi­sory firms in the German SME sector. The team of almost 30 experts accom­pa­nies medium-sized entre­pre­neurs exclu­si­vely through the entire sales process. “Our task is to safe­guard life’s work,” is how we see oursel­ves. In doing so, custo­mers bene­fit from a unique approach that has won multi­ple awards from the busi­ness press, and which protects the iden­tity of their compa­nies to a special degree. Thanks to their excel­lent access to medium-sized compa­nies, Nach­fol­ge­kon­tor and sonn­tag corpo­rate finance have also estab­lished them­sel­ves as a strong part­ner at the side of renow­ned natio­nal and inter­na­tio­nal major compa­nies and inves­tors in acqui­si­ti­ons. This is also demons­tra­ted by the top posi­tion recently achie­ved at the Merger­mar­ket League Table. With a total of ten accom­pa­nied tran­sac­tions in the first quar­ter of 2024, the M&A consul­tancy ranks first in Germany.
www.nachfolgekontor.de | www.sonntagcf.com About JNS Dach­tech­nik GmbH jns-dachtechnik.de