Media | 20 November 2015 11:05
MBB SE acquires majority in Aumann
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Joint PRESS RELEASE MBB SE acquires majority in Aumann – cooperation with MBB Fertigungstechnik enables further growth in the field of e-mobility Berlin, 19 November 2015 – MBB SE (ISIN DE000A0ETBQ4), a family-owned, medium-sized company, has acquired 75% of shares in the Aumann Group from its sole managing partner. Aumann is a leading manufacturer of systems for coil winding of electric motors and for e-mobility. Through the collaboration of Aumann and MBB Fertigungstechnik, MBB and the managing partner of the Aumann Group intend to meet the rapid rise in demand for e-mobility solutions and are forecasting significant growth. The Aumann Group (www.aumann.com) has grown impressively in recent years, and will generate profitable annual revenue in 2015 of around EUR 33 million with roughly 160 employees. Founded in 1936, Aumann is a world leader in special engineering for highly automated coil winding systems with locations in Espelkamp (East Westphalia), Berlin and the US. The company’s products are especially used in the automotive industry for applications in the field of e-mobility. In light of electrification trends, Aumann technology also has an increasing number of applications in cars with conventional drive technology, where numerous motors enable comfort and driver assistance systems. Aumann’s wide range of solutions for the production of electric motors gives the company an outstanding market position. Besides the automotive sector, customers in the fields of electric household appliances, medical technology and general industry also benefit from Aumann’s expertise. Increasing requirements for energy efficiency and the conservation of resources mean that the production of electric motors is becoming more challenging. Aumann’s technological know-how allows for improvements in the performance and efficiency of motors while keeping their size constant. The combination of unique expertise in coil winding technology and the long-standing experience in automation predestines Aumann to play a leading role in the development of systems for the production of energy-efficient electric motors. Aumann will cooperate with MBB Fertigungstechnik to manage its intended growth. Together, the companies form a machine manufacturing group with expertise in coil winding technology, assembly technology, joining technology, wire enamelling and tooling. The total revenue in machine manufacturing will amount to EUR 130 million with more than 500 qualified employees working at locations in Germany, China and the US. As part of the MBB Group, Aumann will continue to operate under its current name and at its current locations led by today’s management. MBB’s equity investment in Aumann constitutes the acquisition of a highly successful company in an extremely promising market. Like many of MBB’s companies, Aumann also has its roots in East Westphalia. MBB’s forecast for the 2015 financial year remains unchanged with consolidated revenue of EUR 250 million and earnings per share of more than EUR 1.75. The annualised revenue level for the MBB Group is now at EUR 285 million. The equity investment in Aumann will contribute to further growth in MBB’s revenue and earnings for the financial year 2016. The parties have agreed not to disclose the purchase price. MBB financed the investment from own funds. Even after this acquisition, MBB will have sufficient funding for further growth, including acquisitions. Ingo Wojtynia, managing partner of the Aumann Group, is delighted with the takeover: “In MBB, we have found an ideal partner to secure the sustainable growth of the Aumann Group. For our employees, MBB is a long-term and reliable shareholder. In cooperation with MBB Fertigungstechnik, we will implement even more high-end automation solutions for our customers in the future.”
Dr Christof Nesemeier, CEO of MBB SE, is convinced: “The Aumann Group is a perfect fit for MBB with its strong position in the growing e-mobility market. Together with Aumann’s employees and the former sole managing partner, Ingo Wojtynia, we are looking forward to leading the company into a successful future. The cooperation with MBB Fertigungstechnik will put Aumann in an ever better position to offer comprehensive automation solutions in the field of e-mobility.”
Further information on Aumann can be found on the Internet at
About MBB Fertigungstechnik:
Further information on MBB Fertigungstechnik can be found on the Internet at
About MBB SE:
Further information on MBB SE can be found on the Internet at
Please direct enquiries about this report to:
Aumann GmbH
MBB Fertigungstechnik GmbH
MBB SE
End of Media Release Issuer: MBB SE Key word(s): Enterprise 2015-11-20 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | MBB SE | |
| Joachimsthaler Strasse 34 | ||
| 10719 Berlin | ||
| Germany | ||
| Phone: | +49 (0) 30 844 15 330 | |
| Fax: | +49 (0) 30 844 15 333 | |
| E-mail: | anfrage@mbb.com | |
| Internet: | www.mbb.com | |
| ISIN: | DE000A0ETBQ4 | |
| WKN: | A0ETBQ | |
| Indices: | PXAP | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart | |
| End of News | DGAP Media |
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415113 2015-11-20
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