annual press conference - startseite - indus holding ag great britain the netherlands switzerland...
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2
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
3
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
INDUS We are passionate about SMEs
30 years investment experience Long-term orientation & healthy dividends
4
are the leading specialist in long-term
investment and development in the
German SME sector
WE
Diversified portfolio with 43 companies
Target: Stable earnings and sustainable growth
Long-term investment in SME hidden champions
in German-speaking countries
5
CANADA
USA
MEXICO
BRAZIL
GREAT BRITAIN
THE NETHERLANDS
SWITZERLAND
AUSTRIA
DENMARK
CZECH REPUBLIC
SOUTH AFRICA
RUSSIA
UNITED ARAB EMIRATES
INDIA
POLAND
SLOVAKIA
SERBIA
FINLAND
ROMANIA
TURKEY
SPAIN
MOROCCO
SINGAPORE
CHINA
SOUTH KOREA
Germany
709.0 million
6,447
Europe
305.6 million
856
Rest of the
world
374.2 million
1,031
Values as of 2015 fiscal year, locations as of end of 2015
International presencein 26 countries across 5 continents
6
CONSTRUCTION/
INFRASTRUCTURE
AUTOMOTIVE
TECHNOLOGYENGINEERING
MEDICAL ENGINEERING/
LIFE SCIENCE
METALS
TECHNOLOGY
10 companies 10 companies 9 companies 5 companies 9 companies
Variety ensures
greater stability
DiversifiedDivided into 5 segments
7
CultureLiving values in mid-size business
Entrepreneurship
Long-term perspective and stability
Short channels
Dependability and fairness
Entrepreneurial
Long-term
Targeted
Knowledge transfer and
strategic sparring
Financing strategic
expansion acquisitions
For investment in R&D:
Providing capital
Implementing modern
controlling instruments
Promoting
development
8
Business modelLong-term support for SME hidden champions
Portfolio
enhancement
Growth
acquisitions
2 acquisitions
p.a.
up to 4
acquisitions p.a.
Customer
proximity
Internatio-
nalization
buy & hold & develop/grow
10
StrategyCompass 2020
“buy”
2 growth acquisitions
3 expansion acquisitions
“hold & develop”
High level of portfolio investment
Support for international expansion
11
Compass 2020 Important milestones reached again in 2015 fiscal year
Medical engineering
and life scienceTraffic technology
and logistics
Automation/measuring
technology/control engineering
Energy and environmental
technology
2013 2015
Medical engineering
and life science
12
Growth acquisitions2013 through 2015
Automation/measuring
technology/control engineering
2014
Customized solutions for surgical drapes, gowns, and textile surgery
consumables
Sales in 2015: approx. €12 million
With a 40% shareholding, founder J. Raguse remains the managing
shareholder
13
Growth acquisitions 2015Raguse
14
Growth acquisitions 2015IEF-Werner
Process automation solutions, customers in the watch-making,
automotive, electric motor, and hard drive industries
Sales in 2015: approx. €22 million
With a 25% shareholding, founder M. Bär remains the managing
shareholder
20132014
20152016
15
TR Metalltechnik
Portfolio strengthening2013 to the beginning of 2016
Acquisition of NEA International (05/15)
Orthopedic bandages and orthotic devices
Approx. 30 employees at Maastricht
location
New factory in Glauchau (01/15)
Acquisition of a modern factory for textile
products of ESDA GmbH
Relocation of production from
Eastern Europe
16
Investments in a viable target market
Strengthening of portfolio 2015Medical engineering
Strengthening the high-margin construction segment
Anchorage equipment for brick facades
Sales of around CHF 1.1 million
Based in Lenk, Switzerland
Strategic acquisition for ANCOTECH
Front door panels/components
Approx. 100 employees at two locations in
Sittensen and Chociwel, Poland
Sales of EUR 7.7 million
Strategic acquisition for OBUK
17
Strengthening of portfolio 2015Structural engineering
2013 2014 2016 2017…
TR Metalltechnik
18
On growth trackAcquisitions since 2013
2015
A variety of business models
requires a variety of internationalization strategies
19
Target customers abroad
Global support for
international corporations
Accompanying German
customers abroad
Ensuring worldwide
service
Local content
Hedging currency risks
Affordable manufacturing
Dismantling
trade barriers
InternationalizationDriving factors
Increasing demand for high-
quality products in the
Middle East's booming
construction sector
Local MIGUA and HAUFF-
TECHNIK offices in Dubai
to tap into market directly
and effectively
Expansion of sales
expertise in the MENA/India
growth market
Accompanying German
customers to Asia and
local production for the
Chinese/Asian market
BETEK and BILSTEIN &
SIEKERMANN establish
subsidiaries in Taicang,
China
ELTHERM sets up heat
cable manufacturing in
Chinese free-trade zone
20
local for local
in China in the UAE
Portfolio enhancementthrough internationalization
21
SustainabilityTaking responsibility for the future
Professional advice for
sustainability-related issues
CDP scoring:
“Sector leader industrialsGerman-speaking countries 2015”
Oekom research:
“Prime” (“C+”) rating
R
E
S
U
L
T
S
22
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
INDUS clearly achieves 2015 targets
Pronounced increase in sales and
earnings
2 growth and 3 expansion acquisitions
successfully integrated
International presence expanded
Record investment levels safeguard
develop strategy
Unforeseen challenges in Metals and
Automotive Technology: solutions
rapidly implemented
23
Looking back at 2015INDUS remains on track despite more difficult environment
24
Target – actual comparisonGroup
Forecast Management
Report 2014
Actual
2015Degree to which
target reached
Sales Organic > GDP (1.5%) Organic +4.6%
incl. acquisitions: +10.6%
clearly met
EBIT €125 m to €130 m €136.3 million clearly met
Growth acquisitions 1–2 growth acquisitions,
incl. strategic expansions
(planned approx. €50 million)
2 growth acquisitions and
3 strategic expansions
(investment in shares:
€34.3 million)
met
Scheduled amortization slightly exceeded prior year
(€48.0 million)
€50.1 million met
Investments in property, plant, and
equipment and intangible assets
at least €60 million €73.0 million met or exceeded
Equity ratio approx. 40% 41.9% met or exceeded
Ratio of net debt to EBITDA 2.0 to 2.5 years 1.9 met or exceeded
Growth targets exceeded
25
Target – actual comparisonSegments
All margin targets met,exceptional burdens for
Metals Technology
and Automotive Technology
Construction/
Infrastructure
Automotive
Technology Engineering
Medical
Engineering/
Life Science
Metals
Technology
Guidance 2015 Guidance 2015 Guidance 2015 Guidance 2015 Guidance 2015
EBIT
margin
12-14% 14.2% 6-8% 5.8% > 10% 13.3% > 15% 14.9% 9-10% 7.9%
26
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
27
Significant increase in sales
of 10.6%
Sales increase:
organic 4.6 % (approx. €58 million)
inorganic 6 % (approx. €75 million)
Good start into first quarter with
quarterly sales at approx. €328 million,
weaker Q2 at approx. €348 million,
strong Q3 at approx. €359 million and
very good Q4 at approx. €355 million
SalesNew record once again
1,097 1,1051,187
1,256
1,389
2011 2012 2013 2014 2015
+ 10.6%
Sales (in € millions)
28
Share of foreign business on a par
with prior year at 49%
Sales
€1,388.9
million
Domestic51%
Abroad49%
Sales in 2015 by region (in %)
655.2600.5
263.4
337.2
709.0679.9
305.6
374.2
0
100
200
300
400
500
600
700
800
Domestic Abroad of which EU of which thirdcountries
Sales in 2015 by region (in € millions)
2014 2015
+ 13.2 %+ 8.2 % + 16.0 % + 11.0 %
55.6 52.5
64.0 63.368.3
2011 2012 2013 2014 2015
Earnings
113.2106.0
118.6127.2
136.3
10.3%9.6% 10.0% 10.1%
9.8%
00%
02%
04%
06%
08%
10%
12%
14%
16%
0
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015
+ 7.2 %
EBIT (in € millions) and EBIT margin (in %)
Earnings after taxes (in € millions)
+ 7.9 %
EBIT margin
adjusted
10.5 %
Cost of materials ratio slightly down
from previous year at 46.9 %
(previous year: 47.7%)
Slight increase in personnel expenses
ratio to 28.2 % (previous year: 27.8%)
EBIT increases by 7.2%,
EBIT adjusted plus 7.8 % (absolute at
approx. €145.8 million)
EBIT margin reaches 9.8%;
EBIT margin adjusted at 10.5%
Result partially impacted by
discontinuation of operations at
SEMET
29
Total investment volume of €107.3 million
(previous year: €97.2 million)
€34.3 million for acquisitions/net cash
outflow (previous year: €31.4 million)
At €73.0 million, considerable increase
in investment in property, plant, and
equipment and intangible assets
(previous year: €65.8 million)
Scheduled amortization up slightly to
€50.1 million (previous year: €45.7 million)
No impairments (previous year:
€2.3 million), no reversals of impairments
Investments and depreciation/amortization
38.042.0 42.5
45.750.1
46.350.3 51.7
65.8
73.0
2011 2012 2013 2014 2015
Amortization Investment
Scheduled amortization and investment in
property, plant, and equipment and intangible
assets (in € millions)
30
Equity ratio remains at 41.9 % on a par
with previous year's level (42.0 %)
Net debt increases in line with balance
sheet structure
Debt redemption period hits record and,
at 1.9 years, remains below 2 – 2.5 year
target
Ratio of net debt to equity (gearing)
down slightly
Asset and equity structure
36.7%39.0%
43.6%42.0% 41.9%
0.8x 0.8x
0.6x 0.6x 0.6x 0,50x
0,75x
1,00x
1,25x
20%
30%
40%
50%
2011 2012 2013 2014 2015
Equity ratio Net debt/Equity
Balance sheet figures
(in € millions) 2015 2014 Change
Total assets 1.419,8 1.308,4 +8,5%
Equity 595,4 549,9 +8,3%
Equity ratio (in %) 41,9 42,0 -0,1 ppt
Net debt 356,3 345,8 +3,0%
Net debt/EBITDA 1,9 2,0 -0,1
Gearing (in %) 60 63 -3,0 ppt
Working capital 355,7 349,6 +1,7%
Cash and cash equivalents 132,2 116,5 +13,5%
Equity ratio and gearing development
1.25x
1.00x
0.75x
0.50x
31
Comfortable level of financing funds and
comprehensive bank approvals enable
flexible investment
INDUS primarily relies on long-term bank
loans and promissory note bonds
Financial liabilities increase slightly to
€488.6 million
Minimum equity ratio once
more considerably surpassed
Financing
-22.9
-21.7-19.7
-18.2-16.8
2011 2012 2013 2014 2015
- 7.7%
Interest from operations (in € millions)
32
Operating cash flow climbs considerably
by €52.9 million and remains on long-
term target of > €100 million
Cash flow from operating activities up
€43.9 million from previous year
Cash outflow from investment activities
increases growth-related by €17.5 million
Cash flow from financing activities drops
to - €3.1 million
Cash and cash equivalents up despite
acquisitions (based on the reporting date)
* to be adjusted by approx €24 million due to ABS business
Statement of cash flows
(in € millions) 2015 2014 2013
CF from operating
activities 130.9 87.0 97.5
CF from investment
activities -112.8 -95.3 -99.6
CF from financing
activities -3.1 8.2 20.0
Cash and cash
equivalents 132.2 116.5 115.9
Cash flow/liquidity
106.2
68.4
117.4
104.4
157.3
24.0
2011 2012 2013 2014 2015
+ 50.7 %
130.2*
Operating cash flow (in € millions)
33
34
(in € millions)
Construction/
Infrastructure
Automotive
Technology Engineering
Medical
Engineering/
Life Science
Metals
Technology
Sales 235.5 367.7 293.2 132.3 359.9
EBITDA 39.8 39.6 46.3 24.9 41.0
Depreciation/Amortization -6.3 -18.2 -7.3 -5.2 -12.4
EBIT 33.5 21.4 39.0 19.7 28.6
EBIT margin (in %) 14.2 5.8 13.3 14.9 7.9
Capital expenditure 8.9 26.9 16.8 32.3 21.8
Employees 1,183 3,285 1,436 1,010 1,395
Segments in 2015Overview
35
Increasing shares from Construction/Infrastructure,
Engineering, and Medical Engineering/Life Science
Segments in 2016Earnings contributions
Construction/Infrastructure17.0%
Automotive Technology26.5%
Engineering21.1%
Medical Engineering/Life Science
9.5%
Metals Technology
25.9%
Sales distribution across segments 2015 (in %)
Construction/Infrastructure23.6%
Automotive Technology15.0%
Engineering27.4%
Medical Engineering/Life Science
13.9%
Metals Technology
20.1%
EBIT distribution across segments 2015 (in %)
36
Construction/Infrastructure 2015
Good overall momentum for the economy
Sales and earnings targets exceeded
EBIT margin at normal high level
Expansion for OBUK acquired with
EUMATIC/FROHMASCO
(in € millions) 2015 2014
Change
in %
Sales 235.5 225.1 4.6
EBITDA 39.8 38.9 2.3
Depreciation/Amortization -6.3 -5.9 6.8
EBIT 33.5 33.0 1.5
EBIT margin (in %) 14.2 14.7 -3.4
Capital expenditure 8.9 11.0 -19.1
37
Automotive Technology 2015
Sales exceed cautious forecast
EBIT drops due to start-up problems at
serial manufacturer; additional costs push
margin below previous year's figure
VW exhaust scandal no impact on INDUS
(as yet)
(in € millions) 2015 2014
Change
in %
Sales 367.7 351.7 4.5
EBITDA 39.6 43.1 -8.1
Depreciation/Amortization -18.2 -19.9 -8.5
Write-ups 0.0 1.1 -100.0
EBIT 21.4 24.3 -11.9
EBIT margin (in %) 5.8 6.9 -15.9
Capital expenditure 26.9 27.6 -2.5
38
Engineering 2016
Some portfolio companies performing
surprisingly well in market that is
stagnating overall
Sales up considerably
EBIT margin reaches new record
Segment strengthened by automation
specialist IEF-Werner
(in € millions) 2015 2014
Change
in %
Sales 293.2 221.2 32.5
EBITDA 46.3 32.8 41.2
Depreciation/Amortization -7.3 -6.4 14.1
EBIT 39.0 26.4 47.7
EBIT margin (in %) 13.3 11.9 11.8
Capital expenditure 16.8 16.9 -0.6
39
Medical Engineering/Life Science 2015
Ongoing good overall development in a
promising market
Increase in sales and EBIT
Segment strengthened by acquisition of
RAGUSE and NEA International
EBIT margin remains high, but is affected
by integration costs
(in € millions) 2015 2014
Change
in %
Sales 132.3 114.4 15.6
EBITDA 24.9 22.3 11.7
Depreciation/Amortization -5.2 -3.5 48.6
EBIT 19.7 18.8 4.8
EBIT margin (in %) 14.9 16.4 -9.1
Capital expenditure 32.3 23.8 35.7
40
Metals Technology 2015
Segment does not meet expectations;
EBIT down despite increase in sales
Restructuring project and quality problems
result in negative effects
Margin below corrected target
Optimizations beginning to show results
(in € millions) 2015 2014
Change
in %
Sales 359.9 342.9 5.0
EBITDA 41.0 42.6 -3.8
Depreciation/Amortization -12.4 -11.6 6.9
Write-ups 0.0 0.4 -100.0
EBIT 28.6 31.4 -8.9
EBIT margin (in %) 7.9 9.2 -14.1
Capital expenditure 21.8 17.6 23.9
41
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
INDUS practices
a stable
dividend policy
42
Dividend proposal of €1.20
per share
Total payout by INDUS Holding AG
amounts to €29.3 million
(42% of balance sheet profit)
Remaining amount of
€40.8 million to be reinvested
in the Group
DividendReliable participation in success
€1.00 € €1.00 €1.10
€1.20 €1.20
5.3%4.9%
3.8%3.1%
2.7%
00%
02%
04%
06%
08%
10%
- €
,2000 €
,4000 €
,6000 €
,8000 €
1,000 €
1,2000 €
1,4000 €
2011 2012 2013 2014 2015
Dividend (in €) and dividend yield (in %)
Anchor shareholders
support long-term
course of business
43
Shareholder structureVery stable shareholder base
Versicherungs- kammer Bayern
19.4%
H.J. Selzer et al.6.4%
Free float74.2%
Shareholder base fixed/free float
Germanyapprox. 76%
Luxembourgapprox. 1%
UKapprox. 2%
Rest of EuropeApprox. 7%
USA/Canadaapprox. 14%
Worldwide distribution of shareholders*
INDUS Share data
SIN/ISIN 620010/DE 000 620 010 8
Established/IPO 1986/1995
Fiscal year 01/01/ –12/31/
Capital stock EUR 63.6 million
Number of shares 24,450,509 no-name bearer shares
Last capital increase 12/2/2013
Free float approx. 75%
Stock exchanges XETRA, Frankfurt, Düsseldorf, Stuttgart
Index SDAX
Design. Sponsors Bankhaus Lampe, Commerzbank* Company details
Estimates and price targets
Bankhaus Lampe 03/16 buy €56.00
Commerzbank 03/15 buy €51.00
Deutsche Bank 03/16 buy €56.00
HSBC 03/16 buy €56.00
LBBW 03/16 buy €53.00
M.M. Warburg 03/16 buy €57.50
WGZ Bank 03/16 buy €60.00
Experts predict
upward movement
ShareAnalysts' opinions
44
45
SharePrice performance
Solid performance in
a volatile market
Values indexed at 100%, all values incl. dividend
Performance over last 12 months (in %)
-30%
-20%
-10%
0%
10%
20%
Apr. 15 Jun. 15 Aug. 15 Okt. 15 Dez. 15 Feb. 16
INDUS HOLDING AG
SDAX PERF INDEX
DAX INDEX
Apr. 16Apr. 16
Performance since start of COMPASS 2020 (in %)
-20%
0%
20%
40%
60%
80%
100%
120%
140%
Jul. 12 Jan. 13 Jul. 13 Jan. 14 Jul. 14 Jan. 15 Jul. 15 Jan. 16
INDUS Holding AG
DAX INDEX
SDAX PERF. INDEX
46
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
47
OutlookGlobal economy
Unstable situation is reflected in the
generally restrained economic expectations
Positive outlook for the US
China and emerging nations remain weak
Slight improvements expected in the
eurozone; interference from refugee crisis
Positive outlook for Germany is tempered
following weak start to the year
Overall stable development expected for
INDUS Group sectors
48
OutlookINDUS sectors
Construction industry: clearly positive
trends; continued momentum from
residential construction and public
investment
Automotive market: slight growth
expected; positive impulses from China,
USA, and Western Europe
Engineering: expectations remain
cautious; economy relying on demand
effects from the USA
Medical engineering: market remains
positive despite savings policies
Metal and electronics industry: cautious
outlook in this sector
49
OutlookINDUS Group
Compass 2020 continues to show the way
forward
In 2016 and 2017 the focus will be on
maintaining and improving the performance
of the portfolio companies by stepping up
development
Acquisitions planned, direct focus on:
Medical engineering and structural
engineering
Main focus on strengthening of portfolio
Continuation of investment campaign at
record high (approx. €75 million for
property, plant and equpiment)
Economic guidance: growing stronger than
the market overall
50
Economic guidanceGroup
> +1.7%Organic sales growth
Cost of materials ratio: Previous year's level
Personnel expense ratio: increasing
Interest expenses: dropping slightly
2015 2016p
Sales €1,388.9 million Organic growth of > 1.7% (German Government's
expectation), plus further growth through
acquisitions, sales target of approx. €1.4 billion
EBIT €136.3 million €134 - 138 million
Growth acquisitions 2 growth and
3 expansion acquisitions
1 to 2 acquisitions plus strategic additions
(investment of approx. €50 million)
Scheduled amortization €50.0 million Slightly up from prior year
Investments in property, plant, and
equipment and intangible assets
€73.0 million approx. €75 million
Equity ratio 41.9% > 40%
Ratio of net debt to EBITDA 1.9 2.0 - 2.5
Economic guidanceSegments
Objective: All portfolio segments at least maintain
the previous year's level
52
Sales
2015
EBIT
2015
EBIT margin
2015
Sales 2016 slight + slight + clear + slight + prior-year level
EBIT 2016 prior-year level clear + slight + slight + prior year level
EBIT margin 2016 prior-year level slight + slight + slight + prior year level
2016e
33.5 21.4 39.0 19.7 28.6
Construction/Infrastructure
Automotivetechnology
Engineering MedicalEngineering/ Life Science
Metals Technology
Diagrammtitel235,5 367,7 239,2 132,2 359,9
14,2 % 7,9 %14,9 %13,3 %5,8 %
33.5 21.4 39.0 19.7 28.6
Construction/Infrastructure
Automotivetechnology
Engineering MedicalEngineering/ Life Science
Metals Technology
Diagrammtitel235.5 367.7 239.2 132.2 359.9
14.2 % 7.9 %14.9 %13.3 %5.8 %
52
Thank youfor your attention!
Jürgen Abromeit(born 1960)
Member of the Board of Management
since 2008, CEO since 2012
Dr. Johannes Schmidt(born 1961)
Member of the Board of Management
since 2006 (CTO)
Rudolf Weichert (born 1963)
Member of the Board of Management
since 2012 (CFO)
53
AGENDA
1. INDUS – Passionate about SMEs
2. Overview 2015
3. Financial development
4. Dividend and share
5. Outlook 2016
6. Appendix
201612 April 2016 Annual earnings press conference 2016, Düsseldorf
13 April 2016 Analysts´ conference 2016, Frankfurt/Main
14 April 2016 Deutschland-Konferenz (Bankhaus Lampe), Baden-Baden
18 May 2016 Interim report on March 31, 2016
May 2016 Roadshows Zurich and Vienna
9 June 2016 Annual shareholders´ meeting 2016, Cologne
30 June – 1 July 2016 Warburg Highlights (M. M. Warburg), Hamburg
16 August 2016 Interim report on June 30, 2016
31 August 2016 Sector Conference (Commerzbank), Frankfurt/Main
13 September 2016 Capital Markets Conference (Prior), Egelsbach
September 2016 Roadshow London
October 2016 Roadshows Paris and Frankfurt/Main
15 November 2016 Interim report on September, 2016
November 2016 Roadshows Switzerland and Benelux
21 – 23 November 2016 Deutsches Eigenkapitalforum (Deutsche Börse), Frankfurt/Main
December 2016 DSW private investors‘ forum, Bonn
Indus
Financial calendar
54
Companies DescriptionKey figures
2015Locations
Anchoring and reinforcement technologySales of €30.8 million
97 employees
Diesldorf (CH), Cologne (D),
Lauchhammer (CH), Lenk (CH),
Rossens (CH),
Anchoring and reinforcement technologySales of €14.4 million
96 employees Neuss (D), Halle (D)
Sealants made of silicone and acrylicSales of €36.5 million
118 employeesReichshof/Hahn (D)
Innovative sealing systems for cables
and pipes
Sales of €42.9 million
209 employeesHermaringen (D), Dubai (UAE)
Expansion gap profiles for large projectsSales of €14.1 million
62 employees Wülfrath (D), Dubai (UAE)
High-quality front door panelsSales of €20.8 million
277 employees
Oelde (D), Sittensen, Chociwel (PL),
Malacky (SK)
Air-conditioning devices, hot-air heating
systems, inverter heat pumps, air de-
humidifiers
Sales of €34.2 million
143 employeesLage (D), Luvia (FIN)
Ventilation and air conditioning planning
and construction
Sales of €14.3 million
73 employeesFriedberg (D)
Special underground construction for
planning and laying cable conduits
(data, gas, water, district heating)
Sales of €22.2 million
153 employeesBad Königshofen im Grabfeld (D)
Powder-coating of facades and ceiling
and wall elements
Sales of €5.3 million
64 employeesOberviechtach (D)
INDUS Portfolio Companies
55
Construction/Infrastructure segment
Companies DescriptionKey figures
2015Locations
Heating and air-conditioning systems for
vehicles
Sales of €45.1 million
307 employees
Mudau (D), Grand Rapids (USA),
Istanbul (TR), Nuenen (NL)
Innovative cold extrusion parts, turned
parts, and locking screws
Sales of €16.2 million
106 employeesHillesheim (D), Taicang (CN)
Metal forming and assembly for serial
production
Sales of €9.5 million
62 employees Schwelm (D)
Measurement systems and services for
automotive development
Sales of €31.2 million
192 employees
Baden-Baden (D), Düsseldorf, (D)
Eichstätt, Wixom (USA), Schaffhausen
(CH)
Prototype parts and small series for the
automotive industry
Sales of €12.3 million
98 employees Osnabrück (D), Taicang (CN)
Modules and mold construction for the
automotive and aviation industries
Sales of €22.2 million
198 employees
Osnabrück (D), Ingolstadt (D),
Mühlhausen (D), Munich (D)
Components and assemblies for
transmissions, brakes, and engines
Sales of €71.4 million
598 employeesDriedorf (D), Vinhedo (BR)
Tire studs and carbide toolsSales of €21.5 million
57 employeesAichhalden (D)
Duct systems for automotive air-
conditioning and servo technology
Sales of €79.8 million
1,149 employees
Backnang (D), Halle (D), East London
(ZA)
Plastic components for automotive
technology
Sales of €58.5 million
607 employeesWiesau (D), San José Iturbide (MEX)
Automotive Technology segment
56
INDUS Portfolio Companies
Companies DescriptionKey figures
2015Locations
ROBOTIC HANDS AND AUTOMATION
SYSTEMS FOR MANUFACTURERS
Sales of €20.2 million
128 employees
Overath (D), Regensburg (D), Plymouth
(USA)
Specialist in logistics and materials flowsSales of €53.6 million
193 employees
Bielefeld (D), Delmenhorst (D), Kamen
(D), Murrhardt (D), Schmalkalden (D)
Energy technology company Sales of €27.3 million
189 employees
Burbach (D), Barcelona (ES),
Casablanca (MA), Korolev (RUS),
Newbury (UK), Sandton (ZA), Shanghai
(CN), Singapore (SG), Toronto (CD)
Innovative valve technology for
demanding industrial applications
Sales of €19.6 million
135 employees Vlotho (D)
Refueling technology and workshop
solutions
Sales of €29.3 million
218 employees
Flensburg (D), Humble (USA), Mumbai
(IND), Shanghai (CN), Sheffield (UK)
Automation technology componentsSales of €21.7 million
138 employeesFurtwangen (D)
Special machinery construction for
automotive assembly
Sales of €66.2 million
254 employees
Ebersbach-Neugersdorf (D),
Montgomery (USA), Changchun (CN)
Inert gas glove box systems for industry
and research
Sales of €70.0 million
283 employees
Garching (D), Mansfield (GB), Seoul
(ROK), Shanghai (CN), Stratham
(USA), Wittenbach (CH)
International construction of towersSales of €6.3 million
45 employeesBerlin (D)
Engineering segment
57
INDUS Portfolio Companies
Companies DescriptionKey figures
2015Locations
Assembly of non-woven fabric products
for medical, cosmetic, cleaning, and
personal hygiene products
Sales of €28.4 million
188 employees
Hösbach (D), Königswalde (D),
Lubań (PL)
Miniaturized precision opticsSales of €13.2 million
107 employeesWittenbach (CH), Kać (SRB)
Compression hosiery, bandages, and
made-to-measure orthotic devices
Sales of €66.1 million
569 employees
Bamberg (D), Glauchau, Maastricht
(NL), Salzburg (A)
Customized solutions for surgical
drapes, gowns, textile surgery
consumables
Sales of €12.1 million
85 employees in
Ascheberg
Ascheberg-Herbern (D), Douar
Takad/Sidi-Bibi (MA), Cisnadie (RO)
Manufacturing and selling of wheels,
rollers, tires, rehabilitation accessories
Sales of €23.7 million
154 employees
Borgholzhausen (D), Houten (NL),
Silkeborg (DK), Xiamen (CN)
Medical Engineering/Life Science segment
INDUS Portfolio Companies
58
Companies DescriptionKey figures
2015Locations
Steel and aluminum building modules for
the rail industry
Sales of €26.7 million
115 employees Reinach (CH)
Carbide tools for road construction and
mining, tunnel and underground
construction, farming, etc.
Sales of €175.8 million
261 employees
Aichhalden, Charlotte (USA), Taicang
(CN)
Casing for medical engineering systems
and professional coffee machines
Sales of €24.8 million
156 employees Bättwil near Basel (CH)
Cold working parts and stud welding
technology
Sales of €18.2 million
117 employees
Ennepetal (D), Moscow (RUS),
Žacléř (CZ)
Hydraulic blocks and systemsSales of €7.8 million
57 employees Münsingen (D)
Power transmission technology, stirring
technology, plant engineering
Sales of €5.8 million
31 employeesMunderkingen (D)
Metal processing and forming
technology
Sales of €43.6 million
304 employeesBad Marienberg (D)
Components and assemblies made from
metal and plastic, galvanic finishing
Sales of €35.1 million
322 employeesAichhalden (D), Rickenbach (CH)
Stainless steel blasting agents for
surface treatments
Sales of €22.1 million
54 employeesHattingen (D), Brantford (CD)
Metals Technology segment
INDUS Portfolio Companies
59