In July 2014, DT Holding AG has closed the sale of 100% of the shares in Technical Plastic Systems GmbH ("TPS") including all its subsidiaries to Possehl Electronics GmbH ("Possehl Electronics"). PwC M&A Germany acted as M&A advisor to DT Holding AG. We managed a competitive auction process with international strategic investors.
DT Holding AG is an investment firm headquartered in Bad Soden, Germany. The firm has acquired the shares in TPS in 2009 and has successfully developed the company into a globally present automotive supplier.
TPS is a manufacturer of high-precision hybrid injection moulding components supplied to the automotive industry. The company is headquartered in Wackersdorf, Germany, and operates manufacturing locations in Germany, the Czech Republic, Mexico and China and employs more than 1,000 people globally.
Possehl Electronics with its subsidiary pretema GmbH is a manufacturer of technologically advanced hybrid injection moulding systems. The company is headquartered in Niefern-Öschelbronn, Germany, and has approx. 2,500 employees. Possehl Electronics operates 8 manufacturing locations globally.
The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ more than 181,000 employees in 158 countries. Our global network comprises nearly 1,000 M&A professionals all over the world, realizing approx. 300 successful transactions per year. We specialize in a wide range of independent M&A services including advice on acquisitions and disposals, mergers, public takeovers, privatizations as well as structured financing.
A team of PwC M&A Germany acted as M&A advisor to DT Holding AG during the sales process of Technical Plastic Systems. The following PwC M&A team members were involved for DT Holding AG:
Martin Schwarzer (Partner), Philipp Gebhard (Senior Manager), Thomas Klapsia (Senior Consultant), Sebastian Kowolik (Senior Consultant).
Martin Schwarzer
Partner, Corporate Finance | M&A Automotive & Industrial Products, PwC Germany
Tel: +49 160 97228977