Honsberg’s shareholder solves the corporate succession problem by integrating his business into a mid-sized group of measurement technology companies.
Honsberg in Remscheid will continue to operate under the name Honsberg Instruments GmbH and it will continue to successfully develop and assemble mechanic and electronic measurement and monitoring devices that can be used to control flow, level, pressure and temperature of liquid or gaseous media. Those devices can be found in waste water Systems, diesel engines, hardening machines, compressors, construction machinery, paper or printing machines, machine tools, or cooling devices.
The aim of Greisinger Beteiligungs GmbH, which will operate under a new company name soon, is the creation of a mid-sized group of companies in the field of measurement and control technology with a revenue of € 25-30 million. In this process, ensuring continuity in the company’s management is crucial. The aim is to combine the advantages of an effective mid-sized technology company with the synergy effects of a small group, e.g. regarding international distribution. The companies Greisinger and Honsburg complement each other’s product Portfolios in an optimal way.
The new holding’s majority of shares is being held by BPE Private Equity in Hamburg (formerly Berenberg Private Equity), while Guenther Oehler will be the company’s managing partner. Furthermore, former shareholders Otmar and Elisabeth Greisinger as well as Michael Seulen continue to hold shares in the business.
Centum Capital initiated this transaction in 2008 and provided advise throughout the process.
“Thanks to the efforts of BPE Private Equity and Mr. Oehler we can build a group of companies with a great perspective regarding the international markets for measurement and control technology. They managed to provide a seamless transition to the new ownership structure and thus guaranteed the continuous development of my company.” Michael Seulen.