Kautex Maschinenbau Group

capiton sells its shares to Plastech Beteiligungs GmbH

The company

Kautex Maschinenbau is the leading global producer of extrusion blow moulding machines used for the production of hollow plastic articles for technical parts and packaging. Its products are used in the automotive sector, the consumer and industrial packaging segment as well as in specialities markets. Kautex has production facilities in Germany and China as well as a sales and services network with branches in the USA, Russia, Italy, India and Mexico. In 2017 Kautex generated sales of more than EUR 140m and employs approximately 700 employees worldwide.

The transaction

With the transaction that has now been signed, capiton is selling its shareholding in Kautex Holding GmbH to Plastech Beteiligungs GmbH based in Vienna, Austria. The Plastech Beteiligungs GmbH was founded in 2017 and is an independent industry holding, focussing on investments in the plastic materials sector. The transaction is still subject to the approval of the antitrust authorities. The parties have also agreed not to disclose further details of the transaction.
capiton was advised by Alantra (M&A), CMS Hasche Sigle (legal) as well as Deloitte (financial & tax).