DEEN
Product innovations and diversification of customer base
€26.5mn
Equity investment
€355mn
Revenue 2016
2,259
Employees 2016

KEY FACTS AT A GLANCE

  • Revenues and earnings well up on the previous year again
  • Successfully expanding the sports shoe business
  • Strong growth: revenue doubled within five years
  • Optimized development and production

OECHSLER AG

Investment by
DBAG ECF

€26.5mn

thereof DBAG

€11.1mn

Expansion capital investment
Shareholders:
DBAG ECF

20.0%

thereof DBAG

8.4%

other shareholders

80.0%

First invested

MARCH 2015

REVENUES in €mn

 

278

 

2014

 

320

 

2015

 

355

 

2016

As of 30 June 2017

With our in-depth knowledge of automotive business models and global market structures, our ongoing contacts to major German car manufacturers and a network of industrial experts, we aim to back Oechsler in realising the growth opportunities inherent in its well-established global business and in winning new customers in the German and international markets.

BERND SEXAUER
MANAGING DIRECTOR

PLASTICS ENGINEERING FOR INDUSTRIES OF THE FUTURE

With a history that goes back more than 150 years, Oechsler is now a sought-after partner for innovative solutions in plastics techno- logy. The company’s product portfolio ranges from precision single parts to complex modules and systems for the automotive supplier industry and for sports shoe production, for example, as well as other selected industries. The company develops, produces and assembles actuators, other mechatronic components and complex plastic bonding solutions.

Today, Oechsler generates around 80 percent of revenues with automotive suppliers. One key product is the electronic parking brake that combines mechanical and electronic components with injection-moulded plastic parts. Other typical products include housing components for remote control keys, headlight modules for the automotive industry and injection-moulded ceramic parts.

In the fast-growing area of high-tech sports shoe production, Oechsler combines its expertise in injection moulding and automation. The product portfolio also comprises, for example, various high-precision components for medical devices as well as visors for firemen’s helmets.

The mainly family-owned business has grown strongly in recent years. In the past five years, the group has more than doubled its revenues. Oechsler maintains five production sites on three continents (Europe, Asia, North America).

POTENTIAL FOR DEVELOPMENT

Oechsler sees further growth opportunities for its successful business model and will expand its German sites as well as global production in Eastern Europe, Asia and North America. DBAG will support the company in doing so with its own expertise and that of the DBAG network, for example in the areas of strategy and organisation. To this end, we can rely on our in-depth knowledge of business models in the automotive industry and global market structures, among others, gained from investing in more than ten companies in the automotive supplier industry since 1990.

2016 FINANCIAL YEAR

The company continued its positive performance of previous years in terms of revenues and earnings in 2016; moreover, recently launched projects to optimise processes in the areas of development and production are beginning to bear fruit. Demand for the electronic parking brake is developing well and driving growth both in Germany and in the production sites abroad. In addition, the sports shoe business is growing in importance. As well as producing increasingly complex components for conventionally manufactured sports shoes at its Chinese plant, the company introduced a new, revolutionary production model with great potential for growth with its highly automated Speedfactory, which was put into operation in Ansbach as a pilot factory in 2016: in close proximity to the most important sales markets – first with the new plant in Ansbach for Europe, later with a plant in the US for the North American market – the company will make sports shoes in a plant that can be adapted to changes in consumer demand with extremely short response times.

OUTLOOK AND OBJECTIVES

The projects initiated at the start of the investment to enhance the strategy and optimise operations will be pursued further. The sports shoe business is evolving dynamically and further Speedfactories are planned. This and other new developments contribute to the increasing importance of global activities. The ongoing excellent performance of the company’s core business for the automotive industry contributes to positive expectations for 2017.

Responsible team member

Bernd Sexauer
Bernd Sexauer

Managing Director

Bernd Sexauer
Name:
Bernd Sexauer
Investment focus:
Expansion capital investments
Telephone:
+49 69 95787-236
E-Mail:

Bernd Sexauer

Managing Director

Bernd Sexauer was initially with Deutsche Beteiligungs AG from 1991 to 2006 and became a Managing Director in 1998. Since his return in 2012, he has been strengthening the team at Deutsche Beteiligungs AG once more.

Prior to entering private equity practice, he earned a degree in Business Administration from Goethe University Frankfurt am Main. From 2006 to 2012 he was Managing Director at DZ Equity Partner and at Prolimity Capital Partners, and CEO of publicly listed Heliad Equity Partners.

Bernd Sexauer has more than 25 years of experience in the investment business and in corporate finance. As a member of supervisory boards, advisory councils and other governance bodies he has supported 'Mittelstand' companies in numerous transactions. He has a wealth of knowledge especially of the automotive supplier sector, which he was recently able to apply for the investment in Oechsler.

Current portfolio companies

Mageba AG Oechsler AG

Former portfolio companies

Bernd Sexauer

Managing Director

+49 69 95787-236
bernd.sexauer@dbag.de