Qundis
Systems for measuring heat and water consumption in living spaces
Development into European market leader through integration of competitor KUNDO, consolidation of the German market and consistent internationalization
Duration of investment: 2007 - 2013
Sector: Electrical engineering
Number of employees at the time of investment:
At investment: 120
Most recently: 200 (consolidated with Kundo)
CAPCELLENCE contribution:
Return of the original family business to independence by carving it out of Siemens AG as part of a carve-out
Integration of the next largest competitor KUNDO: successful 'rebranding' and joint market presence
R&D and new product launches for new technologies such as radio-based solutions in submetering including own bus system, smart metering radio modules for gas, electricity and water meters as an integrated system, readout software
Process optimization
Internationalization: focus on Western and Eastern Europe, Russia and Turkey
Sale to an investor preferred by management (2013)
Christof Temmel - MBI Manager and former Managing Director of QUNDIS
"It was obvious that CAPCELLENCE developed a great passion for QUNDIS after a very short time. Because only passion and lifeblood can explain why they got down to business with this extraordinary and lasting motivation."