Deal Announcement 05/20: Industrials

PwC acted as exclusive financial advisor to Gruppe Georg Kofler on the sale of Leifeld Metal Spinning AG, the technology leader for metal spinning and flow forming machines, to Nihon Spindle Manufacturing Co., Ltd., a subsidiary of Sumitomo Heavy Industries, Ltd.

The Deal

The PwC M&A German team is pleased to announce the successful Closing of Project METAL, the sale of Leifeld Metal Spinning AG ("Leifeld"), to Nihon Spindle Manufacturing Co., Ltd. ("Nihon Spindle"). PwC M&A acted as exclusive financial advisor to Gruppe Georg Kofler on this transaction.

Leifeld Metal Spinning

Headquartered in Ahlen, Germany, Leifeld Metal Spinning has been the world’s leading manufacturer of metal spinning and forming machines since its foundation in 1891. Leifeld’s machines are used to produce intermediate or final products in the wheel, automotive, aerospace and industrial applications industries, among others. The company is one of the world’s leading providers for the technologies spinning, flow-forming, shear-forming, necking-in and profiling.

More than 200 employees work at Leifeld’s locations in Germany, USA, China, and Russia. In addition, numerous representatives on all continents represent the company in all important markets worldwide.

Nihon Spindle Manufacturing

Nihon Spindle Manufacturing, a subsidiary of Sumitomo Heavy Industries, is a leading manufacturer of industrial machinery and equipment. Among others, the company manufactures metal spinning and flow forming machines.

Sumitomo Heavy Industries

Sumitomo Heavy Industries, headquartered in Shinagawa, Tokyo, Japan, is a leading manufacturer of heavy industrial machinery and equipment in Japan and internationally. It operates in the engineering sector and is a highly innovative company that designs, manufactures and distributes a wide range of products, such as mechanical components for power transmission and controls products, precision machines, such as plastic injection molding machines and cancer treatment machines, industrial machinery, construction machinery, ships and environmental facilities.

PwC

The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ more than 250,000 people in 158 countries. Our global network comprises nearly 1,550 M&A professionals all over the world, realising approx. 400 successful transactions per year. We specialise in a wide range of independent M&A services including advice on acquisitions and disposals, mergers, public takeovers, privatisations as well as structured financing.

PwC M&A Germany acted as exclusive financial advisor to Gruppe Georg Kofler on the sale of Leifeld Metal Spinning AG. The transaction team comprised Dr. Alexander von Friesen (Partner), Alexander Knögel (Director) and Aleksandar Petkov (Associate).

For more information please contact Alexander Knögel +49 69 9585-1353.

Contact us

Martin Schwarzer

Martin Schwarzer

Partner, Mergers & Acquisitions Co-Head

Tel.: +49 69 9585-5667

Dr. Alexander von  Friesen

Dr. Alexander von Friesen

Partner, Mergers & Acquisitions Co-Head

Tel.: +49 69 9585-5487

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