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Hochtemperatur Engineering GmbH
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| Investment | €0.7 mn |
|---|---|
| Equity share Deutsche Beteiligungs AG | 27.6 % |
| Equity share co-investment funds | 70.0 % |
| First invested | June 2002 |
| Sector | Mechanical and industrial engineering |
| Nature of business | A provider of plants and components for high-temperature processes |
| Website | www.hte-group.com |
Hochtemperatur Engineering GmbH (HTE), headquartered in Wiesbaden, develops and provides plants and components for high-temperature processes with a focus on steel and metal production and processing, limestone production as well as on power plant technology and petrochemical processes. The company’s core businesses are power plants and thermo-process plants for steel, copper and aluminium.
Hochtemperatur Engineering GmbH originally combined six divisions, which in terms of business lacked almost any point of intersection with one another. From the very start of the investment, the objective was to develop the divisions separately and divest them to fitting investors.
These objectives have almost been fully realised. By year-end 2009, apart from one unit that generates less than 10 million euros annually, all divisions had been sold – most of them very profitably and chiefly to trade buyers; under their umbrella, the individual companies have excellent opportunities to develop along their envisioned lines.
At the basis of this successful investment were the diversified and long years of experience Deutsche Beteiligungs AG has had in the engineering sector; that includes a detailed knowledge of the particularities in the corporate financing of such companies.
