AURELIUS Equity Opportunities sells portfolio company Hammerl to BACHL Unternehmensgruppe


AURELIUS Equity Opportunities sells portfolio company Hammerl to BACHL Unternehmensgruppe

  • Hammerl GmbH has experienced tremendous growth since the company came under AURELIUS ownership in 2016
  • 2022 has already proven to be a highly profitable fiscal year with further exits to be expected

Munich, June 13, 2022 – AURELIUS Equity Opportunities SE & Co. KGaA ("AURELIUS"; ISIN DE000A0JK2A8) announces the sale of Hammerl GmbH (Hammerl), a leading manufacturer of blown film products in Germany, to Karl Bachl GmbH & Co KG (BACHL). Hammerl had been part of AURELIUS´ portfolio since 2016 and was successfully developed through close operational support. The purchase price is a premium to the most recently reported NAV. Both parties have agreed not to disclose the purchase price.

Hammerl was founded in 1956 and has been a pioneer in blown film production since 1977. The products are primarily used in civil engineering, building construction/construction, renovation, gardening and landscaping. Hammerl is the only company in the German market to cover the entire product range consisting of construction films, special films, dimpled mats and vapour barrier films. The products, which are ‘Made in Germany’, are mainly supplied to wholesalers under their own brand.

The AURELIUS operations experts closely supported Hammerl in its transformation and growth during the company’s time under AURELIUS ownership. In the process, the corporate strategy was revised, a focus was placed on the core products and substantial capital expenditure was spent towards acquiring machinery. The goal was to strengthen existing customer groups and to open up new business fields in the future, and to expand the business abroad. The modernised corporate design already supports this pathway.

The Hammerl brand has gained a high reputation, is part of the leading industry players, offers an exceptional level of expertise and maintains a reliable as well as large customer base, with recurring order cycles. Hammerl also operates a production facility in Germany with its own recycling plant - enabling the manufacture of sustainable and resource-efficient products. BACHL itself is a well-established film producer operating throughout Europe and will stand to benefit from Hammerl's expertise towards capitalising on its own corporate objectives.

AURELIUS was advised on the transaction by Clearwater International (M&A) and Gütt Olk Feldhaus und Wagensonner (Legal M&A).