An investment company of Blue Cap AG has acquired a majority stake in the plastics specialist Hero Group. The previous shareholders will continue to hold a significant stake.
Hero GmbH and its two subsidiaries ENGEL Formenbau und Spritzguss GmbH and H + E Automotive GmbH develop and manufacture high-quality plastic parts and assemblies for car interiors and the household appliance industry. The Hero Group currently generates sales of around 40 million euros with more than 200 employees at four locations in Baden-Württemberg.
Blue Cap AG is a listed investment company founded in 2006 and headquartered in Munich. The company invests in medium-sized technology-driven niche companies with sales of between 30 and 80 million euros. The companies of the Blue Cap Group develop independently and pursue individual growth strategies. The Blue Cap Group currently employs around 1,300 people in Germany and other European countries.
Advisors EGO HUMRICH WYEN:
Dr. Jan-Henning Wyen; Dr. Henrik Humrich; Dr. Erika Ditler
Contact:
Dr. Jan-Henning Wyen
EGO HUMRICH WYEN
Unterer Anger 19
80331 München
T: +49 (0) 89-12 50 10 30