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Industrial Niches / 2008

Key Facts

Sales at entry: ~€45.0m
Sector: Industrial Niches
HQ: Germany

Company description: GRW is a German based technology leader in the development and production of high-precision ball bearings servicing several mission critical applications in end markets such as aerospace, medical technology or measurement and control.

Deal Facts

Year of investment: 2008
Seller: Founders
Year of exit: 2015
Buyer: Kaman (strategic)

Growth case: Capturing geographic expansion possibilities based on its strong technology base. The execution of the growth plan has been facilitated through expanding the sales force, the systematic entry into new geographic markets (mostly US), optimizing the product mix, and investments in technology as well as manufacturing footprint (e.g. Czech facility).