HANNOVER Finanz and Mackprang announce agreement for the sale of shares in the Schlemmer Group


The international investor 3i Group plc, together with the management, is to take over 100 percent of the shares in the automotive component supplier based in Poing, near Munich. For the HANNOVER Finanz Group, which currently holds around 70 percent of the shares, this is one of the largest transactions in its nearly 40 year-old history. The final closing of the deal is subject to approval by the cartel authorities, and as usual, the parties have agreed not to disclose the purchase price.

Download press release here (PDF - 94 KB)