HSH Nordbank’s M&A team advised LAPP on acquisition of Volland AG
Hamburg/Kiel, July 20, 2018 - HSH Nordbank’s M&A team successfully advised LAPP on its acquisition of Switzerland-based Volland AG. Based in Stuttgart, LAPP is one of the world’s leading providers of integrated solutions and branded products in the field of cable and connection technology.
The company was established in 1959 and is entirely family-owned. LAPP generated revenues of € 1,027 million in fiscal year 2016/17. Volland AG is a systems provider of electrotechnical industrial products to various manufacturers focussed on cable and connection technology and was up to now LAPP’s distributor in Switzerland.
With this acquisition, LAPP will further strengthen its position on the Swiss market. Volland has, in turn, made timely arrangement for its succession and ensured continuity as well as fresh prospects with this transaction. “HSH Nordbank’s M&A team assisted and advised us with great commitment during the individual transaction phases,” said Matthias Lapp, CEO of LAPP for the Europe, Latin America, Africa and Middle East regions, looking back on this successful collaboration.
“This transaction underscores our close relation with the industrial sector and our experience in cross-border situations,” said Karsten Maschler, Head of M&A at HSH Nordbank. With more than 120 successfully completed transactions, HSH Nordbank is among the established M&A consultants on the German market. Since 2002, the Bank’s M&A experts have worked mainly for SMEs – from owner-managed businesses through to companies operating internationally.
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