Munich / Wallau / Burgbernheim — The fund Perusa Partners Fund II L.P., advised by the independent Perusa GmbH, together with other institutional investors, acquired the Swiss Secura Industriebeteiligungen AG including the MÜPRO Group and UBB GmbH as of January 23, 2018.
MÜPRO is a leading global provider of fastening, noise control and fire protection solutions with consolidated sales of around EUR 95 million. Its fastening solutions are used in buildings, commercial properties and industrial plants, especially in the assembly of heating, air conditioning and ventilation technology, as well as in the maritime sector for marine equipment and various industrial applications. The aim of the acquisition is to accompany the long-term international growth of the group and to focus MÜPRO on its core competencies — development, consulting and project support.
The previous company owner, Harald Müller, as well as part of the former Secura management will focus on building digital products and services for medium-sized businesses with the newly founded SYMBIONET AG as of February 2018. SYMBIONET’s areas of expertise are sales software and platform solutions, automated logistics services as well as online trading and marketing services. The foundation for the new business model has already been laid in recent years as part of the digitization process at the Secura Group.
Dr. Christian Hollenberg (photo), founding partner of Perusa, explains, “MÜPRO has an impressive history as a leading supplier in this market. In the future, the company will focus entirely on its core competencies in engineering, consulting, project support, and the development and production of high-quality fastening technology.” Harald Müller elaborates: “The transaction provides MÜPRO with additional resources to implement its strategy in the long term. Both groups — MÜPRO and SYMBIONET — can now continue to grow profitably in the future based on their different business models.”
The buyer Perusa Partners Fund II L.P. and its co-investors were advised in the transaction by KPMG (Commercial), Deloitte (Financial, Tax), Gütt Olk Feldhaus (Legal), Valleé & Partner (Logistics) and TÜV Süd (Environmental). Network Corporate Finance structured and raised the acquisition financing as debt advisor.
Secura Industriebeteiligungen AG and the seller were advised in the transaction by ZETRA International, Zurich (Exclusive M&A Advisor), Froriep Legal, Zurich (Legal), Luther Rechtsanwälte, Frankfurt (Legal), and Tax Partner, Zurich (Tax).
About Perusa
Perusa GmbH is an independent consulting company that currently advises two funds with €350 million in equity capital and, on a case-by-case basis, co-investors on investments in medium-sized companies and group businesses from German-speaking or Scandinavian countries.
About MÜPRO
With consolidated sales of around EUR 95 million, MÜPRO is one of the leading suppliers of fastening and sound insulation technology for buildings and ships. Its products can be found in single-family and multi-family homes as well as in large-scale structural projects, in industrial plants and on ships. The company, which has been in business since 1964, has its own sales offices in 14 countries as well as sales partners in 40 other markets and also masters special areas of fastening technology such as clean room and tunnel, preventive structural fire protection, fire-tested fastening or fastening for heavy loads.