S‑UBG sells shares in Viersen-based WS Quack + Fischer
Aachen — S‑UBG AG has sold its shares in Viersen-based WS Quack & Fischer GmbH to the company’s family shareholders. This marks the end of an 18-year investment partnership that began in 2002 with S‑UBG’s investment in the packaging company. With the additional equity, WS Quack + Fischer has realized growth plans and arranged for succession by the next family generations.
S‑UBG as a long-term partner for growth financing
WS Quack + Fischer was formed in 2001 from the merger of WS Verpackungs GmbH and Quack & Fischer GmbH, which was in need of restructuring. Following the restructuring of the merged company, the Aachen-based financial investor, together with the co-shareholders, took over the shares of departing shareholders. Since then, the packaging materials producer has continued to develop and was able to achieve sales of 30 million euros in 2019 with 110 employees. “We continue to see good prospects for WS Quack + Fischer,” says Bernhard Kugel (photo), CEO of the S‑UBG Group. “Thanks to early succession planning and steady growth, the company is ideally positioned for the future.”
Succession ensured for the long term
The two family shareholder trunks Eicker and Schmitz, together with their successors, have positioned themselves with long-term professional and entrepreneurial perspectives and have been able to significantly increase sales and earnings in recent years. In particular, Managing Director Thomas Eicker has already proven his worth as successor to founding partner Heinz Eicker. The succession of the Schmitz family tribe is also secured for the long term. “Trust and transparency have always been the foundations of our cooperation with S‑UBG,” says Managing Director Thomas Eicker.
About the S‑UBG Group
The S‑UBG Group, Aachen, has been the leading partner in the provision of equity capital for established medium-sized companies (S‑UBG AG) and young, technology-oriented start-ups (TechVision Fonds I) in the economic regions of Aachen, Krefeld and Mönchengladbach for over 30 years. S‑UBG AG invests in growth sectors; high quality of corporate management is a key investment criterion for the investment company. 2020, TechVision Fonds I für die Region Aachen, Krefeld & Mönchengladbach GmbH & Co. KG was launched together with NRW.BANK, the savings banks of Aachen, Krefeld and Düren, Kreissparkasse Heinsberg, Stadtsparkasse Mönchengladbach, Nomainvest, DSA Invest GmbH, investors from the Dr. Babor Group and other private investors. It provides around 40 million euros in seed capital for the start-up scene in the region. TechVision Fonds I emerged from Seed Fonds III for the Aachen, Krefeld and Mönchengladbach region. As an extension of Seed Fund III, TechVision Fund I now seeks to participate in subsequent financing rounds (Series A/B) of existing portfolio companies in addition to seed investments. The S‑UBG Group currently holds stakes in just under 40 companies in the region, giving it a leading position in the Sparkassen-Finanzgruppe. www.s‑ubg.de