Seafort Advisors sells majority stake in Dieter Braun to Deutsche Beteiligungs
Dieter Braun GmbH (www.kabelkonfektion.com) is a specialist and solution provider for cable assembly and lighting technology in the automotive industry. The cables are either used in electrical modules such as the switches of a multi-function steering wheel or to connect such modules to the main wiring harness in the vehicle. Another of their focuses is interior lighting.
The company is highly appreciated by its customers in the automotive supply industry for its quality service delivering efficient solutions even with small to medium-sized units with above-average complexity and variable lead-time. Since it’s founding in 1993, Braun has grown considerably. Over the past seven years, an annual turnover of an average of 19 per cent has been achieved. The company is present at the main production sites of its customers: In addition to the headquarters in Bayreuth, it also operates in the Czech Republic, the Ukraine, Mexico and China. Dieter Braun GmbH employs approximately 1,500 people. The company benefits from electrical and electronic components being used more and more in vehicles, as well as from the trend towards outsourcing of production by OEMs and suppliers. With various applications, it has positioned itself in the future field of e-mobility.
“Over the past few years, we at Seafort have given Dieter Braun GmbH every kind of support to serve the ever increasing demand for cable products and to ensure the high quality and reliability of delivery. Now it is time to transfer the company to a larger owner, which will enable this growth in the future. DBAG has all the requirements to do so,” says Patrick Hennings-Huep, Partner of Seafort Advisors.
Seafort Advisors GmbH is an independent private equity company and was founded in 2012 with headquarters in Hamburg.
About Dieter Braun
The Dieter Braun GmbH offers an extensive range of products for the sectors Automotive industry, machine and plant construction, household appliance industry and cable manufacturing. As an internationally operating specialist for cable assembly and lighting technology, we are your partner for complete solutions from development to production. Based on our experience we will find for you the optimum individual and economical solution : for example, projects in the automotive interior lighting , cable assembly and connection technology.
Source: Seafort Advisors Press Release