Company Succession Plan
for the ETT group.
In the course of a succession plan, an investment company run by the GFEP FAMILY EQUITY acquired a majority of the ETT Verpackungstechnik GmbH as well as the ETT Service GmbH and indirectly of foreign subsidiaries.
The ETT Verpackungstechnik GmbH, based in Moringen, Lower Saxony, is a leading mechanical engineering company that produces end of line packaging systems.
The original management team – Martin Dirks, Thomas Wedemeyer and Nils Reich will continue to manage the ETT-Verpackungstechnik GmbH, the ETT Service GmbH as well as the aforementioned foreign subsidiaries.
The former majority shareholder, Martin Dirks, found a successor and will continue to support the group as a managing partner for many years to come.
HANSE Consulting M&A provided the following services:
- Vendor due diligence
- Looking for investors and contacting them
- Supervision of negotiations, esp. with regards to the structure of the transaction and the price
- Organizing and controlling the due diligence
- Supervising the signing and closing processes