Moll Maschinenbau, an investment of EK Fin, wins major order from leading carmaker
- German engineering specialist thus moves into position as an international market player
In relation to the construction of a new plant by a leading German auto manufacturer, the Moll Group, headquartered in Bavaria, has received its largest order ever, with a volume of over EUR 30 million.
For the last two years, Moll Maschinenbau GmbH has been 100% owned by the private equity fund EK Mittelstandsfinanzierungs AG (EK Fin). Since EK Fin came on board, the company has been able to almost double its turnover, thanks to streamlining of the organisational structures, comprehensive review of processes and procedures and measures to target sales more effectively. These efforts have now paid off with the major order in the USA.
Despite the current difficult conditions in the automotive and automotive supplier sector, Moll is profiting from the growing awareness of environmental and energy conservation issues, which necessitates the overhaul of the auto industry’s production facilities to make way for more economical, technically advanced models. The systems delivered by Moll Maschinenbau are characterised by high levels of availability and excellent technical solutions. The strategic decision to expand into markets in Mexico and the USA was made last year, with the opening of two local companies.
Moll Maschinenbau GmbH
The history of Moll Maschinenbau stretches back to 1918. In 2007, the company was sold to EK Fin by the previous owners, Franz Bayer and Josef Moll, within the framework of a succession agreement and management buy-in. With over 190 employees and annual turnover of EUR 75 million, the Moll Group is one of the top-name companies in the field of conveyor systems, custom-built machinery and process engineering.
EK Mittelstandsfinanzierungs AG (EK Fin)
EK Fin is one of the leading private equity funds in Austria. The fund volume amounts to EUR 50 million and the core shareholder is Bank Austria.
For more information:
Mag. Bernd Lechner
EK Mittelstandsfinanzierungs AG
Tel: +43 (0)1 5328979 - 11
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