Hochtemperatur Engineering GmbH (HTE), a portfolio company of Germany’s Deutsche Beteiligungs AG, has completed the sale of thermal technology company Gautschi Engineering GmbH to EBNER Group. The sale was an all-share transaction retroactive to January 1st of this year. DBAG originally acquired Gautschi through a 2002 transaction in which it purchased nine companies from Austria’s RHI AG. and established HTE.
Gautschi Engineering (www.merzgautschi.ch)
Gautschi Engineering is a Swiss manufacturer of industrial thermal equipment used in the aluminium industry. Primarily a producer of furnaces and casting equipment, Gautschi provides a wide range of products from a single piece of equipment to a complete casting operation.
Rudolf Gautschi founded the company in 1922 under the original name Caloriewerke Gautschi & Brand, in Singen, Germany. Tägerwilen, Sitzerland has been Gautschi’s home since 1948.
Hochtemperatur Engineering (www.hte-group.com)
Hochtemperatur Engineering (HTE) is a holding company specializing in businesses active in thermo-process technologies and power generation. HTE’s core business is developing and producing equipment for the steel, aluminium, and limestone processing industries which require high-temperature applications for smelting. To date HTE has divested all of the original holdings it began with in 2002.
Deutsche Beteiligungs AG (www.deutsche-beteiligung.de)
Established in 1965, Deutsche Beteiligungs (DB) is a Frankfurt-based investment firm active mainly in Germany and other German-speaking countries. DB invests in many different sectors including automotive supplies, industrial services, media, printing, and automation technology.
A typical Deutsche Beteiligungs AG investment averages between €50 million and €250 million with the firm claiming €900 million in assets currently under management. Deutsche Beteiligungs AG does not consider investments in start-ups or companies still in early-stage development.