February 1 2020
SCHAUENBURG International acquires an interest in deconta
The SCHAUENBURG International Group is taking over a majority stake in deconta Holding GmbH, including from PINOVA Capital GmbH. The seasoned management team, Christian Krolle and Kristin Wißing, will continue to manage the company. Wilhelm Weßling, founder of the company, will remain associated with the company as a shareholder and consultant.
deconta has established itself as a leading full-service partner and innovative supplier to the redevelopment industry with a focus on asbestos. The product range covers all areas of asbestos removal and is supplemented by comprehensive services. The range of machines and equipment has been developed, manufactured and distributed since 1990 and offers a maximum of security and economy due to their functionality and stability. Moreover, deconta is a pioneer in digital construction sites, using networked equipment technology.
Now that the SCHAUENBURG International Group have acquired a majority stake, deconta considers itself to be optimally positioned for the future.
Christian Krolle, CEO of deconta, explains: “The long-standing and entrepreneurial partnership with PINOVA Capital enabled us to lead the company into a successful future and develop new business areas beyond the asbestos market as part of a succession plan. The SCHAUENBURG International Group’s excellent market access and long-term strategic management support provides us with the opportunity to expand our business activities in a sustainable way and continue our successful development.”
Florian Georg Schauenburg, Executive Partner and CEO of SCHAUENBURG International, adds: “The deconta Group as a successful, established and well-managed company in environmental technology represents a good, strategic and sustainable addition to our engineering division’s profile. We look forward to working together with the company’s operational management and its founder to develop deconta further.”
deconta’s range of machines and equipment has been developed, manufactured and distributed since 1990 and offers a maximum of security and economy due to their functionality and stability. Specialising in the equipment supply of removal operatives on construction sites – with a focus on ASBESTOS – deconta is able to offer full-service support, including practical project planning with modern in-house production and a methodical maintenance and repair workshop.
deconta assumes a crucial supply function for removal operatives with the procurement of various specialised products, the provision of an extensive rental park and the short-term production of special solutions.
In addition to asbestos removal, deconta technologies are increasingly in demand for the removal of other pollutants and dusts. deconta is developing further growth markets with protection and decontamination equipment for disaster management.
deconta was established by Wilhelm Weßling and a partner in 1998. The company operates on a global scale and currently has subsidiaries in France, Italy, Switzerland, Spain, Australia and the United Kingdom. deconta and its subsidiaries currently employ 125 staff.
More information at www.deconta.eu
SCHAUENBURG International is a family-managed holding company operating on an international level with a focus on acquiring majority shares in well-established and profitable industrial enterprises. Investments are made on a long-term basis, paying regard to sustainability and trustful cooperation with the existing management teams. SCHAUENBERG Group focuses on companies that are leading in technological niche markets and that strengthen and/or reasonably supplement existing business domains.
More information at www.schauenburg.com
PINOVA Capital GmbH
PINOVA Capital is an independent private equity firm for the equity financing of fast-growing, innovative medium-sized companies in the German-speaking region with revenues between € 10 million and € 75 million and equity requirements between € 5 million and € 50 million.
More information at www.pinovacapital.com
MCF Corporate Finance
MCF Corporate Finance advised the shareholders of deconta on this transaction.
MCF Corporate Finance is a leading independent and internationally active corporate finance consultancy with offices in Hamburg, Helsinki, London and Stockholm with a focus on cross-border mid-market transactions. We are managed as an independent partnership.
MCF's multinational team consists of approximately 60 corporate finance professionals with extensive experience in various industries and specialist areas.
Together with our strategic partner D.A. Davidson Investment Banking, we are working on transatlantic M&A under the brand D.A. Davidson MCF International.
More information at www.mcfcorpfin.com