• M&A

Tecno Plast Succession Solution with Swedish INDUTRADE GROUP

The Company

Tecno Plast is one of the leading technical trading companies for single-use tubing sets, PTFE and silicone hoses in the German-speaking regions. Next to great expertise in the relevant markets and technical applications, Tecno Plast also has its own clean room capacities and offers predominantly customer specific solutions. Its growing customer base thereby predominantly ranges across sectors such as biopharma, pharma, MedTech and chemicals as well as filling machines for the food and pharma industry – a particular demand is currently further experienced since as a supplier to the vaccine industry the company makes a contribution to fighting the Corona pandemic.

The Transaction

As there was a need for succession solutions due to age reasons both on the shareholder side and within the senior management, but at the same time a very attractive growth perspective existed especially with increased financial and organizational resources, the objective was to find a new owner who could optimally lead the company with its organization into the next growth phase.

After transaction dialogues with a selection of possible suitable partners, the Swedish Indutrade Group was finally selected as the buyer. As a listed company with sales of approximately EUR 1.8 billion, it is a very strong partner for further growth. Complementary companies in the group will create further growth potential, while at the same time ensure the independent further development of Tecno Plast through a decentralized and entrepreneurial group approach.

Scope of Mandate

ARGONAS has advised and supported Tecno Plast and its shareholders as exclusive M&A advisor.

Christian Berkhoff

Managing Partner/Co-Founder

Christian Berkhoff is Managing Partner at ARGONAS und has more than 20 years of experience in Corporate Finance Advisory und Investment Banking. 

At ARGONAS, Christian leads M&A and financing projects across a broad spectrum of industries, sectors and company situations. Christian’s focus areas are businesses in the Industrial & Automotive and Business Services space as well as complex financing solutions and M&A situations. 

Selected transaction references comprise inter alia the sale of the Siemens subsidiary Symeo to US-listed Analog Devices, the sale of Tecno Plast to Swedish Indutrade Group in the context of a succession solution, the carve-out and sale of a business segment for the international Auria Solutions Group as well as multiple financing and M&A projects for Feuer powertrain. 

Prior to co-founding ARGONAS, Christian inter alia worked for J.P. Morgan in London and Dresdner Kleinwort Wasserstein in Frankfurt, where he predominantly advised multinational corporations and large midmarket companies on structured debt and hybrid capital solutions.

Christian holds a degree in business administration from Goethe-University Frankfurt and a Masters in Finance degree from London Business School.