Vöhringen, Bavaria — Founded in 1975, SMG Sportplatzmaschinenbau GmbH (www.smg-machines.com) has long since established itself as a global leader in the development and manufacture of state-of-the-art machines for the sports industry and is now used by teams such as Real Madrid, FC Bayern Munich and the Miami Dolphins. Together with Tobias and Daniel Owegeser, who will remain shareholders, Gimv will drive SMG’s further growth and international expansion.
SMG’s impressive portfolio includes specialized machines that are used in a variety of sports and leisure areas — from artificial or hybrid turf to athletics facilities and tennis courts. SMG has been a pioneer in the field of synthetic sports surfaces and artificial turf for almost 50 years and offers machines that mix various components, lay base layers and line their surfaces. Their innovative artificial turf machines are known for the filling, care and maintenance of sports pitches and offer both self-propelled models and models with ride-on technology.
The machines are developed and produced in Germany. To this end, SMG works closely with leading material manufacturers and installation companies to ensure the highest quality at all times. The company, which serves over 1,200 customers worldwide, is supported by 55 dedicated employees in Vöhringen and an extensive network of independent sales partners worldwide. The USA is currently SMG’s largest market, with renowned customers such as colleges, universities, high schools and American football clubs.
The partnership with Gimv marks the start of the next phase of SMG’s remarkable journey. The expertise of Gimv as the new majority shareholder will help to strengthen further international growth in the coming years and take the products to the next level.
Daniel and Tobias Owegeser, co-owners of SMG, explain: “We have already grown strongly in recent decades and have laid the foundations for the successful expansion of our business, particularly in the USA. Together with our father Johann and our brother Markus, we have decided to bring a strong partner on board in order to successfully continue our growth story. With Gimv at our side, we now want to take the next steps together towards further internationalization and make targeted use of the many opportunities abroad.”
Ronald Bartel, Partner Smart Industries (photo © GIMV), explains: “With SMG, we are delighted to welcome an exceptional and impressive new addition to our Smart Industries platform. We are deeply convinced by the product, the owners and the management team and look forward to supporting SMG on its growth path.”
About GIMV
Gimv is a European investment company listed on Euronext Brussels. As one of the market leaders, we are a partner to entrepreneurial and innovative companies in 5 future-oriented investment areas. We currently manage a portfolio of around 60 companies with a total turnover of EUR 4.0 billion and more than 20,000 employees.
Gimv has been investing in innovation and entrepreneurship for over 40 years. Our flexible approach is based on a solid balance sheet, patient capital and a long-term perspective. Gimv is committed to creating sustainable value by successfully combining the strengths of entrepreneurial, ambitious and talented management teams with our dedicated, competent and well-connected investment teams. www.gimv.com