DC Advisory Partners acted as the exclusive debt advisor to DBAG on the acquisition financing for Romaco
Essential Information
Client
Romaco
Date
May 2011
Deal value
€ Undisclosed
Advice Type
Debt Advice, Acquisition Finance Advice
Sector
Industrial Products and Services
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DC Advisory Partners acted as the exclusive debt advisor to Deutsche Beteiligungs AG (DBAG) and its managed closed-end private equity fund DBAG Fund V on the acquisition financing for Romaco. Seller was Robbins & Myers Inc., a NYSE listed company headquartered in Dayton.
The Romaco packaging segment focuses on filling, dosing and packaging machines and lines for the pharmaceutical and cosmetic industries. The process technology segment provides machines and complete processing lines primarily for the food, healthcare and cosmetic industries.
“Romaco creates an excellent opportunity for us to invest in a highly attractive and strongly growing segment of Europe’s mechanical engineering sector,” said Dr Rolf Scheffels, member of the Board of Management of Deutsche Beteiligungs AG, following the signing of the agreement. “In partnering with Romaco’s management, we aim to take a major step forward in the group’s internationalisation, based on its benchmark technologies,” Dr Scheffels went on to say. “The focus will be on, among other things, expanding the service business, strengthening the sales network and transferring process knowledge and skills to other applications, such as for the cosmetics industry. Growth will largely be organic, but will also come from complementary add-on acquisitions.”
Björn Lauschke, Director at DC Advisory Partners: “DC Advisory Partners helped in securing the optimal financing package for Romaco. The bank group under the leadership of local savings banks provided a highly competitive and flexible financing package, which will allow the company to implement its growth strategy going forward.“
DC Advisory Partners acted as the exclusive debt advisor to DBAG.