expansion of production capacities
€31.0MN
Equity investment
€87MN
Revenues 2018
1,500
Employees 2018

KEY FACTS AT A GLANCE

  • Growth drivers: Increasing proportion of electrical and electronic components in vehicles
  • Further efficiency gains following the completion of a new head office and logistics centre
  • Revenues and earnings expected to be up on last year’s level

DIETER BRAUN GMBH

Investment by DBAG
DBAG FUND VI

€31.0MN

DBAG'S INTEREST

€5.9MN

MANAGEMENT BUYOUT
Shareholders:
DBAG FUND VI

85.5%

EQUITY SHARE BELONGING TO DBAG

16.2%

other shareholders

14.5%

First invested

JANUARY 2017

REVENUES in €mn

 

77

 

2016

 

82

 

2017

 

87

 

2018

As of 30 June 2019

8

percent

annual demand growth expected in the market for cable manufacturing

In Dieter Braun, we have found a company that reaps great benefits from the increasing number of intelligent components and automotive electrification, thanks to its attractive business model.

VOLKER BONSELS
MANAGING DIRECTOR

PROFILE

Dieter Braun is a specialist in cable systems and interior vehicle lighting. The company’s products connect a vehicle’s various sub-systems with its wire harness. Dieter Braun is valued by its customers for being able to deliver efficient solutions of above-average complexity, even for small- to medium-sized quantities and with variable lead times. The internationally active company generates around 15 percent of its revenues from components for mechanical and plant engineering and from the household appliance industry. Dieter Braun has experienced strong growth since it was founded in 1993. In the seven years prior to the start of the investment, it was reporting annual revenue growth averaging just under 15 percent. The company has operations in its customers’ major production locations: in addition to its head office in Bayreuth, it has factories in the Czech Republic, the Ukraine, Mexico and China.

POTENTIAL FOR DEVELOPMENT

Dieter Braun is a specialist in cable systems and interior vehicle lighting. The company’s products connect a vehicle’s various sub-systems with its wire harness. Dieter Braun is valued by its customers for being able to deliver efficient solutions of above-average complexity, even for small- to medium-sized quantities and with variable lead times. The internationally active company generates around 15 percent of its revenues from components for mechanical and plant engineering and from the household appliance industry. Dieter Braun has experienced strong growth since it was founded in 1993. In the seven years prior to the start of the investment, it was reporting annual revenue growth averaging just under 15 percent. The company has operations in its customers’ major production locations: in addition to its head office in Bayreuth, it has factories in the Czech Republic, the Ukraine, Mexico and China.

FINANCIAL YEAR 2018

The market environment for Dieter Braun and its products remained positive in 2018. The company benefited from the strong demand among all customer groups and regions. Although growth has been held back by capacity bottlenecks, Dieter Braun is expected to generate higher revenues and better earnings than in 2017.

OUTLOOK AND OBJECTIVES

In the new financial year, the sustained high level of incoming orders is also expected to translate into higher revenues. This should be driven in particular by increased growth at the sites in Mexico and China. The entire company will also benefit from the completion of a new head office and a more efficient logistics centre located at the company’s head office in Bayreuth.

Responsible team member

Volker Bonsels
Volker Bonsels

Managing Director

Volker Bonsels
Name:
Volker Bonsels
Telephone:
+49 69 95787-152
E-Mail:

Volker Bonsels

Managing Director

Volker Bonsels joined Deutsche Beteiligungs AG in 1995 and became a Managing Director in 2001.

He holds a degree in Industrial Engineering from the University of Technology, Kaiserslautern, and also studied at the University of Warwick. He started his professional career as a trainee in corporate banking at Deutsche Bank.

Volker Bonsels has 23 years of experience in private equity. He was, and is, a member of the advisory councils at those portfolio companies in which DBAG invested under his lead capacity. He has extensive expertise in a variety of sectors, including building components, industrial services and mechanical and plant engineering. Among the most successful transactions he led are Coperion, Lewa and Otto Sauer Achsenfabrik.

Current portfolio companies

Dieter Braun GmbH

Former portfolio companies

Volker Bonsels

Managing Director

+49 69 95787-152
volker.bonsels(at)dbag.de