EQUITA assisted Rollon

K Finance - Mid-market M&A advisory
Rollon 1920x1080
Rollon 1920x1080

Rollon, the Vimercate-based international group and world leader in the production of linear motion systems for a variety of industries-from rail to aerospace, from machine tools to medical-announces the closing of its acquisition of the German company Hegra, which specializes in the production of telescopic and linear slides.

K Finance (Clairfield Italy) and Clairfield Germany served as advisors to Rollon.

The acquisition aims to strengthen Rollon's linear motion solutions offering, expanding the current range with complementary products and increasing Rollon's presence in the medium duty but also heavy duty slide market segment.
Thanks to the acquisition of Hegra, Rollon will be able to offer not only guides with new profiles and materials, but fully customized and high-performance solutions, thus moving in the direction of an increasingly sophisticated offering that adheres to customers' application requirements. The transaction responds to Rollon's clear growth strategy, which aims to acquire manufacturing companies that are perfectly integrated at the commercial level and complementary at the industrial level.

The acquisition also contributes to Rollon´s expansion into new markets, starting with emerging markets such as China and India where the Group recently opened two direct subsidiaries, as well as strengthening Rollon´s offering in the German, European and U.S. markets.

The acquisition was finalized by Rollon´s financial shareholders, France´s Chequers Capital and Italy´s IGI SGR, which together aim to finance new acquisitions in the linear handling market segment.

"Chequers, Rollon´s indirect majority shareholder, strongly supported the acquisition of Hegra, which completes Rollon´s range of linear slides. It is a very complementary range, a decidedly optimal match for the existing Group. It is a decisive step toward further expansion in the markets where it operates," said Jérôme Kinas, Manager of Linear Guides BV and Managing Director of Chequers Capital.

"We invested in Rollon with the intention of supporting its growth and international development plan, including through acquisitions," said Matteo Cirla, managing partner of IGI Sgr. "Today's is the second transaction carried out in a few months. The first one, which brought the company Tecno Center into the group, has already generated important business synergies, and we are convinced that the acquisition of Hegra will be able to give the same satisfaction."

"The acquisition of Hegra is a further important step in Rollon's growth strategy and expansion into new business segments, which enrich the Group's product range, ensuring one of the most comprehensive offerings worldwide," comments Eraldo Bianchessi, CEO of the Rollon Group. "The transaction is good news not only for Rollon but also for the entire linear motion market, which will increasingly find in Rollon a global provider for every linear motion solution."

The transaction in a nutshell

2015 10 Tombstone Rollon Hegra

Through the acquisition of Hegra Rollon will be able to offer not only slides with new profiles and materials, but fully customized, high-performance solutions

Client:
Rollon
Date:
October 2015
Mandate:
Rollon acquires German company Hegra
Role:
Financial Advisor
Value:
Undisclosed
Typology:
M&A advisory
Advisor:
EQUITA Mid Cap Advisory

The company

Hegra, based in Limburg near Dusseldorf, has become a recognized leader in a niche market through its ability to provide highly customized solutions for customers worldwide.

Rollon closed 2014 with a 6 percent growth in business volume and expects to close 2015 with double-digit growth. Also in the same year, it opened new branches in Shanghai, China, and Bangalore, India, in addition to its existing branches in France, Germany, and the U.S. and sales offices in Russia and Brazil. In January 2015, moreover,Rollon acquired Turin-based Tecno Center, strengthening itself in the linear actuator segment. It now has more than 350 employees at the Group level, more than half of whom are employed at the Vimercate production facility.