Sales at entry: ~€19.0m Sector: Smart Industries HQ: Germany Homepage:http://www.seebach.com/
Deal Facts
Year of investment: 2012 Seller: Founder Exit year: 2018 Buyer: Smiths Group
Company description
Seebach is a German manufacturer of high quality filtration solutions, both systems and elements, from stainless steel and other metallic materials. The company's solutions for gas- and liquid filtration are used for critical applications in the mining industry, for high-end chemical production and for industrial firms.
Growth case
Since our investment the company has transformed form a typical family-owned ‘mittelstand’ company to a professionally managed company with strong focus on international sales. Based on strategic decisions, Seebach was uniquely positioned as the undisputed global quality leader, capable of engineering, manufacturing and implementing complex and highly customized filtration solutions. The company was successfully sold to to Smiths Group, a listed industrial conglomerate that also encompasses John Crane.