Sales at entry: ~ € 40m
Sector: Industrial Niches
Company description: Altendorf Group, headquartered in Minden, looks back at a 110 year history and enjoys global brand awareness. The group’s most important product is the sliding table saw, first developed by Wilhelm Altendorf in 1906. The model F45, also called `The Altendorf´ is perceived around the world as synonym for top quality brand and product. The company employs more than 250 people and has sustained continuous growth in the past years. In 2016 Altendorf Group generated revenues of 40m EUR. As driver of innovation, Altendorf Group takes a leading role in the wood-working handicraft sector and has a strong position for further national and international growth.
Year of investment: 2017
Year of exit:
Growth case: The ambition is to extend Altendorf Group´s premium position for machines and services in wood, metal and plastics processing with innovative products and technologies, to sustainably capture new customer segments and markets through accelerated organic growth and by realizing external growth potential.