ARADEX wins Weichai Power as Strategic Investor
Client
ARADEX AG
Since founded in 1989, ARADEX AG has been committed to the R&D of motor, electric control and power supply for industrial and transportation industry, and now has become a pioneer in high power variable frequency and power supply equipment technology. ARADEX AG commands powerful design and development and system integration capabilities in terms of various CNC servo motor and servo driver, new energy commercial vehicle motor controller, motor, fuel cell DC/DC converter and other products. Hundreds of successful application cases build a good reputation for those excellent products with design life exceeding 30000 hours.
Project outline
• Buyer: Weichai Power Co., Ltd. ("Weichai Power")
• Seller: Shareholders of ARADEX AG
• Target: ARADEX is a pioneer in high power variable frequency and power supply equipment technology
• Our service: Successful support throughout the whole M&A process as sell-side advisor. Service provided included coordination of the M&A process and control of all resources, support for the client in selecting suitable investors and negotiations of transaction documents etc.
• Shares Purchase Agreement signed in January 2019
• Closing in December 2019
Highlights
• Realized an optimal price and conditions for the shareholders through successful negotiations
• The seller remains a minority shareholder and will provide continuous support for the company‘s development; the buyer enters a new segment and thereby accelerates their own technological development and the desired structural adjustments.
