DC Advisory advised Bons & Evers on the sale of a majority stake to Bencis Capital Partners

Background

• DC Advisory is pleased to have advised the shareholders of Bons & Evers Holding (“Bons & Evers” or the “Group”), a leading international specialist in hot forging and machining of brass, copper and aluminium alloys for high-end applications across sectors including automotive, power management and HVAC, on the sale of a majority stake to Bencis Capital Partners
• Offering a suite of customized forged parts such as battery clamps for start-stop systems, cooling plates for hybrid cars or valve housings for cooling systems, Bons & Evers has become a leading supplier in its markets
• Founded in 1949 and headquartered in Borne, Netherlands, Bons & Evers has managed to achieve significant growth since its inception both organically as well as through acquisitions strategically strengthening its product and service offering and expanding its geographic reach to cover key European markets
• Most recently, Bons & Evers has started up operations in China which is expected to be a key growth driver
• With a workforce of around 730, Bons & Evers services more than 350 customers worldwide from its seven factories spread across the Netherlands, Germany, France, Hungary and China with sales of around €174m

Outcome

• The transaction demonstrates DC Advisory’s long-standing experience in the European industrial products and services sector and underlines our strong access to investors active in this space
• The transaction closed in January 2019. Financial terms of the transaction were not disclosed