Annual Report
2013/2014
DRIVING
EXPANSION.
ENSURING
CONTINUITY.
MAKING STRONG
COMPANIES STRONGER.

Clyde-Bergemann-Group

Clyde-Bergmann-Group

COMPONENTS FOR POWER PLANTS

The companies in the Clyde Bergemann Group develop and produce components for energy-related production processes. These products guarantee the efficient and safe operation of power plants, industrial and waste incinerating plants as well as petrochemical plants. They are also used in pulp and paper plants, in the cement/mineral industry and in marine boilers. In addition, the company maintains and services these products.

The Clyde Bergemann Group has developed groundbreaking technologies that have made it a market leader in its key business segments. Products for efficiently cleaning power plant boilers and for conveying bulk account for more than two thirds of revenues; Clyde Bergemann is the indisputable market leader in both of these markets. The group’s products contribute to lower-emission and more efficient energy generation, serving a growing demand.

POTENTIAL FOR DEVELOPMENT

Clyde Bergemann has been part of DBAG’s portfolio since 2005. At the time, the group had established a technological lead and built up an international presence: in 2005, Clyde Bergemann already had seven production sites in six countries on three continents. Our goal was to expand the product portfolio to include environmental protection and to further grow the company’s international reach through organic growth as well as acquisitions.

Since entering into this investment, the company’s revenues have increased by 13 percent annually on average. It achieved this partly through acquisitions: between 2005 and 2009, Clyde Bergemann purchased seven companies with their own products and services in the US, Australia and Europe. DBAG and DBAG Fund IV contributed towards these acquisitions by providing additional equity. The three American and the Australian companies have particularly helped to boost the value of the investment. They also allowed Clyde Bergemann to offer its existing customers a larger range of products and services as well as giving it access to new regional markets, such as Australia. Clyde Bergemann has founded companies in India, China, Indonesia and Turkey to further consolidate its global sales and service network.

2013/14 FINANCIAL YEAR

In 2013/14, the company grew its revenues considerably year-on-year thanks to a solid order backlog. Its earnings were at the previous year’s level; however, they were impacted by restructuring costs at a German site and start-up costs at an American plant.

OUTLOOK AND OBJECTIVES

In the current 2014/15 financial year (28 February), the group intends to capture the opportunities offered by environmental legislation in America and the growing awareness of air pollution control in China. For this reason, it expects to grow strongly in Asia, among others. Accordingly, Clyde Bergemann’s revenues and earnings are expected to exceed the previous year’s values.

€ 9.2mn

INVESTMENT OF DBAG

45.1%

SHARE OF DBAG FUND IV

MBO

TYPE OF INVESTMENT

17.8%

SHARE OF DBAG

MAY 2005

INITIAL INVESTMENT

1,800

EMPLOYEES

REVENUES in US$mnRevenues Clypde-Bergmann-Gruppe

Wesel (Germany) / Glasgow (UK) / Delaware (USA) / www.cbpg.com