Deutsche Invest Mittelstand

We invest long-term in small- and mid-cap companies within the DACH region, in which we can create sustainable value through an active investment approach.

In January 2022, DI Mittelstand acquired Aspel Group N.V. (“Aspel”) from a Belgian family investor. Aspel is one of the leading suppliers of complex injection moulded parts, in particular for the automotive industry. Aspel’s long-standing customer base includes well-known organizations, primarily from the Tier 1 automotive supplier sector (e.g. Bosch, Valeo and Hella).

In September 2020, DI Mittelstand acquired Bilfinger Industrial Services Czech s.r.o., Bilfinger Euromont a.s. and Bilfinger Slovensko s.r.o. from Bilfinger SE through BIS Holding International (“BIS Group”). BIS is a provider of construction and maintenance services of industrial and energy equipment. The company engages ~1000 employees in the Czech Republic and Slovakia.

In September 2018, DI Mittelstand acquired all assets of EMDE Bohrtechnik Group. EMDE is a provider of drilling tools for the special construction sector. Moreover, the group manufactures high-quality machinery and components for notable customers in the chemical, soda and potash industries, worldwide. The company engages ~200 employees in Nentershausen and Staßfurt.

In June 2019, DI Mittelstand took over all shares in B&W Loibl GmbH (Straubing) in a carve-out transaction from US-based Babcock & Wilcox Enterprises, Inc. With its 134 employees, Loibl is one of the leading German providers of customized handling solutions for bulk materials of all kinds with special competences within the energy sector. Going forward, the company will operate under its new brand name “Loibl Conveying Technologies”. loibl.biz

In October 2020, DI Mittelstand acquired Sundwiger Messingwerk and The Miller Company from the Diehl corporation. Sundwiger Messingwerk is one of Germany’s leading manufacturers of wires and strips made of brass and other alloys of copper.sundwiger-mw.com

In January 2023, DI Mittelstand acquired a controlling majority stake in TEAM Industries N.V. (“Team Industries”). Headquartered in Belgium, Team Industries is a leading supplier of mechanical systems and manufacturer of function-critical metal assemblies for various industries. With its over 750 employees, Team Industries operates a portfolio of six complementary production facilities in Belgium, Slovakia and Romania. teamindustries.be

In December 2017, DI Mittelstand took over all shares in vosla GmbH (Plauen). With its 220 employees, vosla develops and produces highly innovative lighting solutions “Made in Germany” for certain notable customers from the global automotive industry, shipping, railway, aviation and medical technology. vosla.com

DI Mittelstand is a member of the Deutsche Invest Capital Partners group (DICP) and focuses on special situations investments within the SME sector. It follows a sustainable, long-term investment approach which combines transaction, finance and operations know-how.

DI Mittelstand is an investment company with focus on small and medium-sized firms in the DACH region with revenue and profit improvement potential. As an active investor, DI Mittelstand supports its portfolio companies with capital as well as operational and strategic know-how to ensure sustainable and profitable growth.

From the outset, the investment approach of DI Mittelstand combined the realization of operational improvement potentials along the value chain with the best possible exploitation of growth opportunities.

Both innovation and growth initiatives – especially also buy-and-build-initiatives – are pivotal situations for which additional capital can be provided. DI Mittelstand follows a situations-driven investment approach and, therefore, has no specific industry focus.

Via its shareholders and advisory board members, DI Mittelstand has access to an international network of over 200 professionals in 15 locations across eleven countries (thereof two locations in China) as well as to an excellent contact network consisting of top decision makers from the business world, politics and relevant associations.

Typical investment situations:

  • Carve-out of companies or business units considered non-core business
  • Changes in shareholder structure and / or succession solutions
  • Need for external know-how to actively manage situations of change
  • Support for a management team looking to acquire a company (management buyouts and management buy-ins)
  • Insolvency cases, especially with a strategic fit to the existing portfolio

Company size and situation:

  • Low profit (usually EBITDA <10%) or, in rare cases, loss generating companies with operational and strategic improvement potential
  • Sales volume typically between €30M to €750M

Geography:

  • Places of business or significant activities in Europe with focus on Germany, Austria or Switzerland

Type of holding:

  • Majority holdings
  • In individual cases, qualified minority holdings with significant rights

Investment size:

  • Equity tickets up to €30M

Case Examples

Leadership

Henrik Munte

Managing Director DIM

Matthias Kreye

Managing Director DIM

Get in Touch

Prinzregentenstraße 56,
80538 Munich, Germany
+49 89 954296150
info@dimittelstand.com

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