DPE and iconic German brands are committed to J.H. Ziegler
Oct 28, 2014
Munich/Achern, October 28, 2014 – DPE announced today that it has acquired the majority of nonwovens manufacturer J.H.Ziegler GmbH alongside Ziegler management. The sellers are Staufen Invest GmbH and a family office. Ziegler is the fourth investment of DPE`s Fund II and the 13th in DPE’s seven years history.
With headquarters in Achern, Baden-Wuerttemberg, Ziegler is a market leader and specialist manufacturer of technical and customized premium nonwoven solutions for the automotive, as well as the high-end furniture industry, with clients such as Audi, Mercedes, Vitra or Rolf Benz. The company employs 300 people and has two manufacturing plants in Germany (Achern and Lambrecht/Pfalz), as well as one in Hungary and one in China. With 150 years of experience, Ziegler today generates sales of over 50 Million Euros. Ziegler is known as a provider of customized solutions. The entire team is continuously working on the development of new niche applications.
“Given an annual sales growth of 15 Percent, Ziegler has the potential to expand not only to become European market leader but also to become a visible global player”, comments Frank Mueller, a Partner of DPE. DPE will support Ziegler not only financially but will also act as an advisory partner for its ongoing growth. As a first step for instance, DPE and Ziegler management have decided to invest in the expansion of its manufacturing plants.
“We are delighted to have found DPE as a new partner. It seems as if at DPE, they really see themselves as co-entrepreneurs”, says Dierk Mohr, Managing Partner at Ziegler. “Of course we all want further growth and expansion, but have been looking for a partner, that has realistic goals. And that is what DPE offers.“