Internationalisation of sales network
€4.8mn
Equity investment
n. a.
Revenues 2018
113
Employees 2018

KEY FACTS AT A GLANCE

  • Strong growth through internationalisation
  • Capacity expansion through larger production space
  • Revenues and earnings at the high level of the previous year

NOVOPRESS KG

Investment by
DBAG ECF

€4.8mn

thereof DBAG

€2.3mn

Expansion capital investment
Shareholders:
DBAG ECF

39.8%

thereof DBAG

18.9%

other shareholders

60.2%

FIRST INVESTED

JUNE 2015

As of 30 June 2019

53

percent

of revenues are generated outside of Germany

Novopress harnesses the potential offered by the market. The company has expanded its capacity and improved its processes, thereby creating the basis for further growth and continuing its successful international Expansion.

LIVIO ZANOTELLI
SENIOR INVESTMENT MANAGER

PROFILE

Novopress is a leading manufacturer of electromechanical pressing tools used by heating and plumbing installers to join copper, stainless steel or plastic pipes. Novopress has experienced strong growth in recent years as a result of consistently implementing its internationalisation strategy. Its growth has also been driven by the increasing popularity of compression technology, including outside of Europe. Compression is superior to other pipe connection techniques such as welding or screwing, both technologically and in terms of cost. Due to ongoing considerable investments in research and product development, Novopress has managed to achieve and further build on its market position as a technology leader.

POTENTIAL FOR DEVELOPMENT

Building on its leading position in the European market, Novopress intends to further internationalise its business with pipe connecting technology and capture other regional markets. Following its successful entry into the North American and Australian markets in the past years, the company is now focusing its attention on Asia, where pressing technology only accounts for a small share of the market so far.

FINANCIAL YEAR 2018

Novopress also developed well in 2018. The company is benefiting in particular from consistently strong market growth in North America, where the spread of pressing technology is steadily increasing. Revenues and earnings are expected to be at the high level of the previous year. Novopress has further expanded its capacities to allow it to continue to meet growing demand and to continue supplying its customers reliably. As part of this, the company leased additional storage space at the Neuss site in 2018 in addition to the progressive automation of its production lines.

OUTLOOK AND OBJECTIVES

Novopress expects to see further positive development in 2019. Revenues and earnings are set to increase even further on the basis of the company’s stable customer relationships and the consistently high demand and expanded capacities. The focus continues to be on developing the Asian market: following the successful market entry in South Korea and Japan, China is now to follow. Here the company started addressing potential customers in 2018; these efforts will be continued in the coming financial year.

Responsible team member

Jarno Schäfermann
Jarno Schäfermann

Managing Director

Jarno Schäfermann
Name:
Jarno Schäfermann
Telephone:
+49 69 95787-260
E-Mail:

Jarno Schäfermann

Managing Director

Jarno Schäfermann joined the Deutsche Beteiligungs AG team in 2012 as a Managing Director.

After finishing his professional training in the publishing industry, he earned his degree in Business Administration from Freie Universität Berlin, with the support of a scholarship from Axel Springer AG. He began his career at the auditing firm KPMG in 2001in the corporate finance area, where he advised financial and strategic investors on corporate transactions and financial issues and also worked for one year as the assistant to the business unit director.

Jarno Schäfermann has more than 12 years of experience in private equity. Before joining DBAG, he worked for a Hamburg-based private equity firm, where he spent many years as a member of the investment team, supporting numerous ‘Mittelstand’ buyouts. In 2011 he then moved to the management board of a portfolio company and played a leading role facilitating its divestment.

Current portfolio companies

JCK Holding GmbH Textil KG Novopress KG Rheinhold & Mahla GmbH

Former portfolio companies

Jarno Schäfermann

Managing Director