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@VISORY partners acted as Exclusive M&A Adviser to 3i on the acquisition of GEKA GmbH from Halder Beteiligungsberatung

3i, an international investor focused on private equity, infrastructure and debt management, and funds managed by 3i have agreed to acquire a majority stake in GEKA GmbH, a leading manufacturer of brushes, applicators and comprehensive packaging systems for the cosmetics industry, from Halder, an investor focused on medium-sized businesses. The transaction is subject to competition approval. GEKA, headquartered in Bechhofen, Germany, and founded in 1925, is a pioneer in innovation of plastic injection moulding for mascara brushes and mascara packaging as well as a development partner of market leading international cosmetics groups including Procter & Gamble, Avon and LVMH. The company runs production facilities in Bechhofen, Germany, and in Elgin, Illinois, USA with an additional sales office in France. The packaging manufacturer employs around 650 staff globally and generated revenues of approximately EUR 100 million in 2011.

@VISORY partners and Angle Advisors acted as Exclusive Financial Advisers to BorgWarner Inc. on the sale of BERU Electronics GmbH to Huf Hülsbeck & Fürst GmbH & Co. KG

BorgWarner Inc. (“BorgWarner”) has sold 100% of the shares of BERU Electronics GmbH (“BERU Electronics”) to Huf Electronics, a wholly-owned subsidiary of Huf Hülsbeck & Fürst GmbH & Co. KG (“Huf Group”). Located in Bretten, Germany, BERU Electronics is one of only five globally acknowledged producers of OE-level direct tire pressure monitoring systems (“TPMS”) for both automotive and commercial vehicle applications. BERU Electronics is a leader in the development, design and manufacture of TPMS, serving leading vehicle manufacturers including BMW, Volkswagen, Porsche and Daimler Truck. This transaction represents the 52nd M&A deal of our global automotive team since 2005.

@VISORY partners acted as Exclusive Financial Adviser to Bilfinger Berger SE on the acquisition of AE&E CZ s.r.o. from A-TEC Industries AG

Bilfinger Berger SE has agreed to take over AE&E CZ s.r.o., the Czech subsidiary of the insolvent Austrian industrial group A-TEC Industries AG, through an asset deal. The Brno-based company was part of the AE&E group since 2006 and offers turn-key products and solutions for environmentally efficient steam generators with a focus on gas turbine waste heat boilers and biomass boilers, related equipment and services. The company generates revenues of approx. EUR 50m with a workforce of around 170 people.