Dear business friends and partners,
Founded in April 2019, MIB has quickly picked up speed. In 2020, we succeeded in finding customized solutions for three business successions. This was possible because we were able to play to our strengths:
- comprehensive expertise in the industrial SME sector and in the M&A business
- an experienced, well-coordinated management team
- Entrepreneurial shareholders with a long-term horizon
This is undoubtedly a dynamic start, which we are very pleased about and which confirms our concept. And at the same time an incentive for the tasks to which we have dedicated ourselves: to actively support the members of the existing MIB family in their development – and to expand the group with new, exciting companies.
In May 2020, we were able to realize our first investment with Kaschwig Schallschutz GmbH in Sendenhorst. Founded in 1978, the company has developed into a leading specialist in the field of industrial sound insulation, laser and light protection, dust protection, and accident and burst protection. Applications range from wood processing to the glass industry and recycling. Together with the managing director, we have set up a number of concrete projects based on a business model analysis that will take the company further forward.
In August 2020, Schwarz Abschirmtechnik in Hennef joined our group. A typical “hidden champion”: unknown to the general public, but renowned in its very specific niche and market leader in Germany. Based on decades of experience in high-frequency shielding, the company has a strong foothold in medical technology and government secret protection. In addition, industrial applications in the field of research and development centers are becoming increasingly important – right up to bug-proof meeting rooms. Both areas are seen as growing strongly in perspective.
In December 2020, we finally succeeded in making our third acquisition with the purchase of Verpackungstechnik Frielinghaus GmbH in Zülpich. The company manufactures hollow plastic containers for the pharmaceutical, cosmetics and food industries (BRC approval), among others. Its expertise in processing recyclates and bio-HDPE, which is produced on the basis of sugar cane, for example, opens up exciting prospects for the company in terms of sustainability and resource conservation. Here, too, we see our role as a shareholder in providing impetus and acting as a catalyst for profitable growth.