Product innovations and diversification of customer base
€26.7mn
Equity investment
€433mn
Revenues 2018 (EXP.)
2,590
Employees 2018

KEY FACTS AT A GLANCE

  • Expansion of global production
  • Optimisation of development and production continued
  • Revenues and earnings expected to be up again year-on-year

OECHSLER AG

Investment by
DBAG ECF

€26.7mn

DBAG'S INTEREST

€11.2mn

GROWTH FINANCING
Shareholders:
DBAG ECF

20.0%

EQUITY SHARE BELONGING TO DBAG

8.4%

other shareholders

80.0%

First invested

MARCH 2015

REVENUES in €mn

 

355

 

2016

 

369

 

2017

 

433 

 

2018 (EXP.)

As of 30 September 2018

10

percent

average annual revenue growth over the last four years

We have a particularly good understanding of automotive business models and the global structures of this market, and we are in constant contact with German automobile manufacturers. This, together with our network of industry experts, is a good prerequisite to accompany Oechsler during its strategic positioning and planned further international growth.

BERND SEXAUER
MANAGING DIRECTOR

PROFILE

With a history stretching back over more than 150 years, Oechsler is now a sought-after partner for pioneering plastics technology solutions. The company’s product portfolio ranges from precision single parts to complex modules and systems, for example for the automotive supplier industry and for sports shoe production, 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 its revenues from the automotive supply industry. One key product is the electronic parking brake, which combines mechanical and electronic components with injection-moulded plastic parts. Other typical products include housing components for remote control keys and headlight modules for the automotive industry. In the area of high-tech sports shoe production, Oechsler combines its expertise in injection moulding and in automation. As well as producing increasingly complex sports shoe components in its Chinese factory, the company has commissioned a highly automated “speed factory” in Ansbach and at a site in the US. This is Oechsler’s way of creating a revolutionary production model which allows the company to react to changes in demand within an extremely short space of time. At the same time, the company is positioning its production facilities so that they are located in close proximity of its key sales markets. Oechsler’s product portfolio also comprises, for example, high-precision components for medical devices, as well as visors for firemen’s helmets.

The mainly family-owned business has achieved considerable growth, reporting average growth in consolidated revenues of around ten percent per year over the last four years. Oechsler maintains eight production sites on three continents (Europe, Asia, North America).

POTENTIAL FOR DEVELOPMENT

Oechsler believes that there are further growth opportunities for its successful business model and will be expanding its German sites as well as global production in Eastern Europe, Asia and North America. DBAG brings to the investment in-depth knowledge of business models in the automotive industry and of global market structures, gained from investing in more than ten companies in the automotive supply industry since 1990, among other experience.

FINANCIAL YEAR 2018

In 2018, Oechsler continued on the positive trajectory seen in previous years. Revenues and earnings in total are expected to be above the previous year’s level once again.

OUTLOOK AND OBJECTIVES

The strategic and operating projects initiated at the start of the investment will be pursued further. Oechsler will drive the development of new products based on its core technologies and the optimisation of its sales activities. This justifies an optimistic outlook for 2019.

Responsible team member

Bernd Sexauer
Bernd Sexauer

Managing Director

Bernd Sexauer
Name:
Bernd Sexauer
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 the Goethe University, Frankfurt. 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 able to apply for the investment in Oechsler.

Current portfolio companies

Sjølund A/S Mageba AG Oechsler AG

Former portfolio companies

Bernd Sexauer

Managing Director

+49 69 95787-236
bernd.sexauer(at)dbag.de