HAMBURG (GERMANY)
RHEINHOLD & MAHLA GMBH
Interior outfitting for ships and marine installations
KEY FACTS AT A GLANCE
RHEINHOLD & MAHLA GMBH
€32.4mn
€15.4mn
94.6%
45.0%
5.4%
SEPTEMBER 2016
REVENUES in €mn
100
117
144
As of 30 June 2020
>50
PER CENT
of Rheinhold & Mahla’s revenues are generated in the fast-growing market for cruise ships and ferries
R&M serves the attractive cruise ship market, which is experiencing structural growth. The company’s strong market position and growth opportunities through geographical expansion and the expansion of the service business constitute a good basis for a successful investment.
PROFILE
Rheinhold & Mahla GmbH (R&M) is a leading industrial services provider for the interior outfitting of ships. The company is active in the fields of new and renovated ships and ship maintenance. R&M covers the complete value chain from engineering and project management to installation and assembly, as well as repair services. Unlike many of its competitors, R&M has in-house manufacturing facilities to produce components such as doors, floors, walls and ceilings as well as cabins and cabin sections (e.g. wet rooms). The company’s activities extend to nearly all parts of a ship (cabins, public areas, crew areas, engine rooms). The focus is on interior outfitting for cruise ships and ferries, special purpose vessels and freighters, as well as the offshore market. R&M has production sites in Germany (Wismar) and in China (Kunshan), as well as project offices and service centres worldwide. In recent years, R&M has expanded its portfolio through the acquisition of smaller companies, for example in the area of air conditioning and ventilation. In addition to that, the company’s presence in the Asian market, which is experiencing attractive growth, was expanded through two strategic partnerships with Chinese shipyards.
POTENTIAL FOR DEVELOPMENT
R&M mainly serves the cruise ship market, which is experiencing structural growth. The company’s strong market position and growth opportunities through geographical expansion, the broadening of its product range and the expansion of the service business constitute a good basis for a successful investment. The industrial services business is one of the core sectors in which we have extensive investment experience.
FINANCIAL YEAR 2019
OUTLOOK AND OBJECTIVES
Senior Investment Manager
Senior Investment Manager
Xueli Jin joined Deutsche Beteiligungs AG in 2014.
Xueli Jin has nine years of experience in the private-equity and M&A sector. Prior to joining DBAG, she worked for the private equity firm Riverside, where she was involved in executing acquisitions and divestments of mid-market investments and in supporting portfolio companies. She started her career at Morgan Stanley working in M&A.
Xueli Jin holds a degree in Business Administration from the University of Mannheim, and a Master of Science in Financial Economics from the University of Essex.