Funds advised by PINOVA Capital GmbH (“PINOVA”) have invested in KIST + ESCHERICH GmbH (“KIST + ESCHERICH”), based in Munich and Dresden.
KIST + ESCHERICH is the technology industry leader for ionized air and electrostatic cleaning systems, which are used in the production of electronic components, battery modules, sensors, printed circuit boards and plastic parts, as well as in further industrial high-tech applications. With over 50,000 installed systems, more than 1,000 customers worldwide and locations in Munich, Dresden and Suzhou (China), KIST + ESCHERICH has established itself as an indispensable partner in areas where technical cleanliness and process stability are mission-critical.
The two managing shareholders Philipp and Stefan Kist emphasize: “For us, it was decisive from the beginning to find a partner who shares our values and wishes to responsibly co-shape the further development of the company. Already in the first conversations, it became clear that we and PINOVA are on the same page — the collaboration was open, constructive and characterized by genuine mutual trust from the very first moment. This trust is, for us, the decisive foundation for taking the next steps of growth together with a strong, long-term oriented partner.”
Martin Olbort, Partner at PINOVA, adds: “KIST + ESCHERICH is a technology pioneer in an area that has become mission-critical for many industries. The unique combination of deep application knowledge, integrative systems expertise and an exceptionally broad product portfolio clearly sets KIST + ESCHERICH apart from the competition. We are very much looking forward to working with Philipp and Stefan and to shaping the next phase of growth together.”
PINOVA was advised on the transaction by Bluemont Consulting (Commercial), Crowe BPG (Financial & Tax), Taxess (Transaction Structuring) and CMS (Legal). KIST + ESCHERICH was advised by LSJ Advisory (M&A) and SZA (Legal).
About KIST + ESCHERICH
KIST + ESCHERICH is a leading provider of solutions in the fields of electrostatics and surface cleaning. The company develops and manufactures electrostatic discharge systems as well as surface cleaning systems and equipment that are used in industrial manufacturing processes worldwide. The portfolio comprises modular systems, standard machines and customer-specific special systems for technical cleanliness requirements in demanding industrial applications. At its locations in Munich and Dresden, KIST + ESCHERICH combines central steps of the value chain — from development and design through production to installation and service. Since its founding, the company has stood for precise technologies, high application orientation and reliable solutions, making it a valued partner for customers across various industrial sectors.
For more information, please visit: kist-escherich.com
About PINOVA
PINOVA is an independent investment company that invests through its managed funds in Industrial Tech companies (High Tech Components, Innovative Materials and Smart Systems) in the German-speaking region. PINOVA focuses on mid-sized companies with revenues between €10 million and €50 million that are distinguished by clear growth potential, sustainable competitive advantages and a strong market position in their niche.
Further more information, please visit: pinovacapital.com
