SPHEROS

Global market leader in air management for buses

www.spheros.de

Development into the global market leader by establishing production and sales locations in all relevant growth regions and expanding the after-sales business

Duration of investment: 2005 - 2012

Sector: Mechanical engineering and industrial technology

Employees:

At entry: 550
Most recently: 700

Turnover volume:

At entry: €100 million
Most recently: €170 million

CAPCELLENCE contribution:

    Carve-out of the non-core business from Webasto AG (carve-out)
    Increase in profitability through optimization of local cost structures
    Growth financing for the establishment of sales and production sites in India, China and the USA
    Establishment of the "Service" business unit to increase customer lifetime value
    Make or buy: Flexibilization of cost structures; introduction of strategic purchasing and lean production
    Transfer of all shares to Deutsche Beteiligungs AG and the management as the management's preferred solution for maintaining independence

Helmut Zanker - MBO Manager and Ex-CEO SPHEROS

"CAPCELLENCE's corporate governance is exemplary. They have struck exactly the right balance between genuine interest, information, involvement, discussion with and within the advisory board and freedom of decision for the management. And always pragmatic in their approach, regardless of the formalities."