ARX equity firm acquires carbon fiber product manufacturer Brebeck Composite
Czech Republic-based Brebeck specializes in carbon fiber parts and components for motorsport and automotive applications.
ARX Equity Partners, a Central European lower-mid market private equity firm, has completed the majority acquisition of carbon fiber composite parts manufacturer Brebeck Composite s.r.o. (Šenov, Czech Republic). The financial terms of the transaction were not disclosed.
Brebeck was founded in 2011 by Thomas Brebeck and Marcel Benda, building on Brebeck’s nearly 20-year track record and expertise in carbon fiber manufacturing in Germany. According to ARX, the company is now one of the leading European manufacturers of carbon fiber parts and components for motorsport and automotive applications.
In addition to its facility in Šenov, Czech Republic, Brebeck also operates internationally through its wholly owned subsidiary in Deggendorf, Germany. The company reportedly generates annual sales in excess of €10 million, with more than 160 employees. Brebeck’s customer base includes motorsports companies like KTM AG, BMW AG, Porsche AG and Audi AG.
Moving forward, both founders will retain a significant minority stake in the company and Thomas Brebeck will continue to drive the further growth and development of the business. The company’s primary strategic focus will remain centered around servicing its blue-chip, anchor customers in the motorsport and automotive industries while also broadening its product offering to customers in the aerospace market.
ARX was assisted by Squire Patton Boggs (legal advisor) and PwC (financial and tax due diligence). The sellers were assisted by Genesia Partners (M&A advisor) and AK PKK (legal advisor) on this transaction.
Brebeck represents the eighth investment from the ARX IV fund, following investment into Promens Zlin, Instrumentation Technologies and Klient Group over the past 18 months.
Michal Aron, partner at ARX Equity Partners, says, “We are very impressed with Brebeck’s manufacturing capabilities and its overall ability to meet the high expectations of its demanding blue-chip customers. We strongly believe that the company is ideally positioned to capitilize on the growing market share of carbon fiber and other composites, in various applications where the combination of light weight and high strength are key factors for success. We look forward to partnering with Mr. Brebeck and his team to focus on future development opportunities with both existing and new clients.”