Sales at entry: ~€45.0m Sector: Smart Industries HQ: Germany Homepage:http://www.grw.de/
Deal Facts
Year of investment: 2008 Seller: Founders Exit year: 2015 Buyer: Kaman (strategic)
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.
Growth case
Our core focus has been to initiate and support the transformation of a family managed business into a market –oriented international production company. 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). The company was successfully sold to Kaman Aerospace Group, Inc (‘Kaman’), a US listed strategic buyer.
