ARX acquires Brebreck

ARX Equity Partners has acquired Brebeck, a Czech maker of composite products from carbon fiber. No financial terms were disclosed.

PRESS RELEASE

ARX Equity Partners (“ARX”), a Central European lower-mid market private equity firm, today announces the completion of the majority acquisition of Brebeck Composite s.r.o., a Czech headquartered manufacturer of composite products from carbon fiber (“Brebeck” or the ”Company”). The financial terms of the transaction were not disclosed.

Brebeck was founded in 2011 by Thomas Brebeck and Marcel Benda, in order to utilise Mr. Brebeck’s extensive track record and expertise in carbon fiber manufacturing in Germany over almost 20 years. Brebeck is now one of the leading European manufacturers of carbon fiber parts and components, used mainly in technically demanding motorsport activity and automotive applications.

In addition to its facility in Senov, Czech Republic, Brebeck also operates internationally through its wholly owned subsidiary in Deggendorf, Germany. The Company generates annual sales in excess of €10 million, with more than 160 employees. Brebeck’s customer base includes several prominent word-class players in the motorsport market, such as KTM AG, BMW AG, Porsche AG and Audi AG.

Moving forward, both founders will retain a significant minority stake in the Company and Mr. Brebeck will continue to drive the further growth and development of the business. The Company’s primary strategic focus will remain centered around servicing its blue-chip, anchor customers in the motorsport and automotive industries while also broadening its product offering to customers in the aerospace market.

ARX was assisted by Squire Patton Boggs (legal advisor) and PwC (financial and tax due diligence). The sellers were assisted by Genesia Partners (M&A advisor) and AK PKK (legal advisor) on this transaction.

Brebeck represents the eighth investment from the ARX IV fund, following investment into Promens Zlin, Instrumentation Technologies and Klient Group over the past 18 months. See more via: https://www.arxequity.com/news/.