DEEN
Internationalisation and strengthening of sales organisation
€32.8MN
EQUITY INVESTMENT
€102MN
REVENUE 2016
500
EMPLOYEES 2016

KEY FACTS AT A GLANCE

  • Ongoing increase and optimisation of sales activities
  • Expansion of main production facility in Bramsche
  • 2016 revenue and earnings approximately at previous year’s level 

HEYTEX BRAMSCHE GMBH

INVESTMENT BY
DBAG FUND V

€32.8MN

THEREOF DBAG

€6.4MN

MANAGEMENT-BUY-OUT
SHAREHOLDERS:
DBAG FUND V

86.3%

THEREOF DBAG

16.8%

OTHER SHAREHOLDERS

13.7%

FIRST INVESTED

DECEMBER 2012

REVENUES IN €MN

 

73

 

2014

 

105

 

2015

 

102

 

2016 (EXP.)

As of 30 June 2017

Heytex adds a company to the portfolio that is well-positioned in a market that, despite cyclical trends, is experiencing long-term growth. Our capital will enable the company to identify even more applications for its textiles, allowing it to demonstrate its outstanding technological know-how.

JOCHEN BAUMANN
MANAGING DIRECTOR

MANUFACTURER OF TEXTILE PRINT MEDIA AND TECHNICAL TEXTILES

Heytex develops and manufactures high-quality coated, calendered and laminated textiles for various end markets. Its business is split almost equally between its two product categories of print media and technical textiles. In the category of technical textiles, the product portfolio ranges from materials for truck tarpaulins and covers to tents and specialty textiles such as biogas membranes, sports arena roofs and industrial gate sealings. The print media category consists of products for advertising applications and exhibition booth designs.

Heytex is the European market leader in the product category of print media and the third-largest provider in Europe for technical textiles. Its key markets are Europe followed by Asia and the US.

POTENTIAL FOR DEVELOPMENT

Heytex creates an opportunity for Deutsche Beteiligungs AG to invest in a manufacturing company with an excellent technological position operating in the multifaceted market for technical textiles. This market is characterised by numerous applications in a variety of industries. It follows that its customer base is spread broadly across different end markets, without there being specific dependencies. Heytex operates in a market environment that will exhibit long-term growth and, having strengthened capacities, its management will now be able to focus on developing the company.

STRATEGY

Core elements in the company’s development are its strategic positioning and the intensification of its sales activities. Heytex aims to drive its internationalisation. It has targeted a stronger penetration of the US market for warm laminates and technical textiles and, in Europe, the expansion of its market position in technical textiles.

By acquiring Heytex, Deutsche Beteiligungs AG has invested in a company that is well poised operationally in a market that will grow sustainably, despite all cyclicality. The equity provided by Deutsche Beteiligungs AG will enable the company to identify even more applications for its textiles and thereby bring its outstanding technological knowledge to bear.

Responsible team member

Jochen Baumann
Jochen Baumann

Managing Director

Jochen Baumann
Name:
Jochen Baumann
Investment focus:
Management buyouts
Telephone:
+49 69 95787-235
E-Mail:

Jochen Baumann

Managing Director

Jochen Baumann joined Deutsche Beteiligungs AG in 1997 and became a Managing Director in 2005.

Following a bank apprenticeship, he studied Business Administration at the University of Passau and at Lund University.

Jochen Baumann has more than 20 years of experience in private equity. He is also a member of the advisory councils at the portfolio companies in which DBAG invested under his management. His focus includes the implementation of buy-and-build concepts, such as those installed at ProXES, Romaco and Unser Heimatbäcker. He has in-depth knowledge of the packaging industry and special expertise in the food sector as well as in mechanical and plant engineering.

Current portfolio companies

Unser Heimatbäcker GmbH Infiana Group GmbH Heytex Bramsche GmbH

Former portfolio companies

Jochen Baumann

Managing Director

+49 69 95787-235
jochen.baumann@dbag.de