Through our many years of experience, we want to support KEF in getting the most out of the available potential resulting from the continued global growth in mobility demand.
Key facts at a glance
- Classic “hidden champion” – a global leader in mechanical engineering for the tyre industry
- High technological competence and research & development focus
- Expansion of the service business holds further opportunities
Revenues in €mn
DBAG Fund VII
As of 31 December 2022
Karl Eugen Fischer (KEF) is the world’s leading manufacturer and developer of cutting systems for the tyre industry. Tyre manufacturers use the machinery produced by KEF primarily to manufacture rubber-coated steel wire and fabric layers (known as calendered cord material) for tyre carcasses and tyre belts. These layers form the supporting structure for the tyre and give it shape and driving stability. KEF’s machinery cuts this cord with absolute precision. The company’s manufacturing operations are located at its headquarters in Burgkunstadt (Upper Franconia). There is one distribution and service company in the US and one in China. Cutting systems are crucial for smooth production operations of the tyre manufacturing process. KEF’s machinery is at the forefront of this technology. For example, the machines are characterised by a high degree of precision and low material losses, both of which are key success factors. With a high level of engineering competence, KEF ensures that the machines, which are tailored to meet each customer’s requirements, can be supplied in the desired quality and by the desired deadline. The company has been working with its customers to develop the machines for decades and is the preferred supplier of countless tyre manufacturers.
long-term average annual growth expected in the tyre market
Potential for development
Thilo-Anyas König joined Deutsche Beteiligungs AG in 2020.
He began his professional career at McKinsey & Company, where he worked from 2005 to 2014. He then joined the private equity firm Orlando Management. There he advised on numerous transactions in various industries and supported portfolio companies in their strategic and operational development. Thilo-Anyas König has nine years of experience in private equity.
Thilo-Anyas König holds a Bachelor of Arts in Business Administration from the University of St. Gallen and an MBA from INSEAD in Fontainebleau and Singapore. He also studied at the Singapore Management University and the Wharton School (University of Pennsylvania).