Setting the course for entrepreneurial action

Heinz Harling on the partnership with the HANNOVER Finanz Group

With the assistance of the HANNOVER Finanz Group and an institutional coinvestor, the company's position relative to suppliers, customers and banks was significantly strengthened. Since our partners refrained from interventing in the day to day business, the independence of technotrans was fully preserved. While the large share of 26 percent for the management team was of course extremely attractive, we were still rather sceptical at the start as to how we could secure this participation with our relatively modest financial means.

Nevertheless, the know-how provided by HANNOVER Finanz convinced us very quickly. Their partnership and support gave us the freedom we needed to concentrate on the real work – with good results. Besides its leading position in the field of peripherals for offset printing machines, technotrans is now also well ahead of the field in the area of electroforming – for the production of CDs and DVDs. In addition, we are using our expertise systematically and successfully to exploit new sales potentials in other markets.