Holidng Co:
Dinrum Limited
Dinrum Limited
Outcome:
Under management
Under management
Return:
TBD
TBD
Period:
Since 2009
Since 2009
Entry Point:
- Industrial manufacturing and mechanical engineering of API and ASME car tanks, signaling flares, heat exchangers and other pressure vessels for the Oil & Gas sectors and other energy industries.
- Negotiation of option to purchase the company: MBI, €3 million investment for 100% ownership, €1 million debt.
- Opportunity to purchase a company (through LBO) with good management and no inheritance claims. Reputation for high quality and a good track record with reputable customers.
Value creation:
- Market reorientation with new staff, board seats and executives.
- Professionalization of and direct involvement in management.