10.2021: The European private equity house EMZ Partners takes a majority stake in Pipersberg, headquartered in Remscheid. Peter Fischer, who has been part of Pipersberg for over 28 years and who, together with around 120 employees, shaped the company’s success, will remain with the company in his role as managing director and stakeholder. Employees from the extended management team also have a significant stake in Pipersberg, which underlines the company’s future prospects for success and growth.
The company Hermann Pipersberg jr GmbH, founded in Remscheid in 1843, is the leading full-service partner for the utility industry in relation to the manufacture, calibration, certification and sale of gas and water meters. In addition, the company takes on extensive services, such as the reinstallation of meters, regular meter replacement, regulatory spot checks and repairs, as well as logistics. With a combination of its own and purchased solutions, the company offers digitized end-to-end services, including for remote reading (“Smart Meter Gateway”) of meter data. In this way, Pipersberg is significantly driving digitalization in the gas and water meter market. In recent years, Pipersberg has systematically expanded its product portfolio through industrial partnerships and through its own developments to include new, innovative products and has therefore been one of the leading full-service providers for gas and water meters in Germany for over 175 years.
Centum Capital provides this information as a market news, but has not been involved in the transaction.