IMAP advised Hermann GmbH Maschinenbautechnologie (HemaTec), Germany’s leading manufacturer of hydraulic steelwork structures, on its acquisition by Vorsprung Partnerschaft (VORSPRUNG). Together with the management team led by Günther Hastaedt and Johann Hermann, the investors will further expand HemaTec’s leading role in the hydraulic steelwork market in the future.
Founded in 1997 and located in Weiden/Bavaria, Germany, HemaTec manufactures and installs large-scale water locks and hydraulic steelwork structures as well as large component metalworking solutions. With a comprehensive and unique set of metalworking equipment for large parts machining in Weiden and Brake and with its small parts manufacturing site in Erpetshof, HemaTec also operates in the area of contract metalworking services. As a market leader in the high-growth hydraulic steelworks market, HemaTec has completed various prestigious lighthouse projects, including some of Germany’s technically most demanding water lock constructions – all of them mission critical for the German waterway infrastructure.
As the carbon footprint of freights transported by inland waterways is significantly lower compared to trucks and air cargo, inland waterways will play a crucial part in decarbonizing the German transportation sector. In addition, the rise in sea levels caused by climate change makes it inevitable to strengthen coastal hydraulic steel flood protection works.
VORSPRUNG is a Hamburg-based private equity investor that invests funds from German and European entrepreneurial families in leading medium-sized companies based in the DACH region in order to further develop and grow them in the long term together with management.
“We would like to thank IMAP for their professional advice and tireless efforts to find the family investors around VORSPRUNG, who share our entrepreneurial values, and make the deal happen” emphasizes Günther Hastaedt, Managing Director of Hermann GmbH Maschinenbautechnologie.
Florian Lahnstein, founder and managing partner of VORSPRUNG, adds: “Günther Hastaedt and Hans Hermann are exceptional entrepreneurs, who have built a market leader from scratch. We are happy to join them, helping in the further growth and expansion of the waterlock business segment. The combination of building mission critical infrastructure with a strong ESG focus is unusual and we are pleased to have found valuable co-investor families who will jointly develop the company with us.”
The IMAP team around Dr. Burkhard Weber, Philipp Noack and Florian Müller exclusively advised the shareholders of HemaTec within a structured M&A process and supported them in negotiating and successfully closing the transaction.