Clearwater International advises DMB - Deutsche Mittelstand Beteiligungen on sale of WEGU Leichtbausysteme to Anhui Zhongding Sealing Parts
Clearwater International acted as financial adviser to DMB - Deutsche Mittelstand Beteiligungen GmbH on the sale of 100% of the share capital of WEGU Leichtbausysteme in the context of the sale of WEGU Holding to Anhui Zhongding Sealing Parts Co., Ltd.
WEGU Leichtbausysteme is a German provider of light-weight components for the automotive and truck industry. Its legal entities WEGU GmbH Leichtbausysteme and WEGU Slovakia s.r.o. are business units of WEGU Holding GmbH. The company has particular expertise in the development and manufacturing of injection moulded plastic components.
Anhui Zhongding Sealing Parts Co., Ltd. is a listed Chinese company engaged in the development, manufacturing and distribution of rubber sealing parts as well as other rubber and plastic products. The company mainly covers customers from the automotive industry.
DMB - Deutsche Mittelstand Beteiligungen GmbH is a German investment firm which focuses on profitable mid sized companies in Germany, Switzerland and Austria. WEGU was acquired in 2011.