Proventis Partners advises Lindab Group on its acquisition of Felderer AG

Hamburg, March 2, 2022 – Lindab Group, a leading ventilation company in Europe, expands its current operations in Germany with the acquisition of Felderer AG, one of Germany’s largest distributors of ventilation products such as ducts, silencers, diffusers and fire protection products. In addition, Felderer also manufactures circular ventilation ducts. With this acquisition, Lindab establishes a strong position in the German ventilation market, multiplying its sales in this region.

Felderer operates via seven hubs in southern and western Germany. The company was founded in 1979 and is based in Feldkirchen outside Munich. Felderer has annual sales of approximately EUR 70 million and 160 employees.

The acquisition is subject to approval by the German anti-trust authorities.

The Role of Proventis Partners

Proventis Partners supports Lindab Group in its strategic expansion in the German ventilation market. In this function, Proventis Partners initiated and supported the transaction as exclusive buyside M&A advisor. The Proventis Partners transaction team: Ulrich Schneider (Partner, Hamburg) and Henrik Huchel (Analyst, Hamburg).

About Lindab

Lindab develops, manufactures, markets and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterised by high quality, ease of installation and environmental thinking. The Group had sales of EUR 965m in 2021 and is established in 20 countries with approximately 4,500 employees. The Nordic region accounted for 55% of sales in 2021, Western Europe for 29%, Central- and Eastern Europe for 14% and other markets for 2%. The shares are listed on the Nasdaq Stockholm, Large Cap, under the ticker symbol LIAB. Read more about Lindab at https://www.lindabgroup.com

About Proventis Partners

Proventis Partners is a partner-managed M&A advisory firm whose clients include a majority of medium-sized family-owned companies, group subsidiaries as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and looks back on 20 years of M&A experience and more than 300 completed transactions. The M&A consultants with offices in Dusseldorf, Hamburg, Munich and Zurich are active in the sectors Industrials & Chemicals, Business Services, Consumer & Retail, TMT, Healthcare and Energy & Sustainability. The exclusive membership in Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The members of Mergers Alliance, with over 200 M&A professionals, provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.