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

Significant events after the end of the reporting period

After the end of the period, DBAG signed three agreements on investments alongside DBAG Fund VI.

Huhtamaki Films is a manufacturer and finisher of films. Huhtamaki Films has been a division of Finland-based Huhtamäki Oyi, which sold the division to the DBAG-advised DBAG Fund VI and the division’s management in an MBO. DBAG will hold approximately 17 percent in Huhtamaki Films and invest up to 12.5 million euros. The company is headquartered in Forchheim, Germany.

The Pfaudler Process Solutions Group (Pfaudler) manufactures glass-lined reactors and components for the chemical and pharmaceutical industries. Pfaudler, with its head office in Schwetzingen, Germany, has been part of National Oilwell Varco, Inc., a US-based supplier to the oil and gas industries. DBAG Fund VI will initially acquire the group completely; it is planned to have its management co-invest in a management buyout. DBAG will hold approximately 15 percent in Pfaudler and invest proprietary capital of up to eight million euros for its stake.

Gienanth GmbH (Gienanth) is an iron foundry that manufactures products by hand-moulded and machine-moulded casting processes for the global market at two sites in Germany. DBAG Fund VI will initially acquire the company completely; Gienanth’s management is expected to co-invest in a management buyout. DBAG will hold approximately 19 percent in the company and invest equity of up to 14 million euros in its stake.