August 17, 2005

Barclays Private Equity acquires the Neumayer Tekfor

Equita KGaA, an investment company, closely associated with the Harald Quandt family, and the Neumayer founding family sold all shares of Neumayer Tekfor GmbH to Funds advised by Barclays Private Equity. The Management Team took part in the transaction.

The Neumayer Tekfor Group is a supplier to the automobile industry for safety fasteners, recognized world-wide, as well as forged and ready to assemble components for transmissions, engines, chassis and special applications. Headquarters of the group is in Hausach, Germany. Operating in nine plants in Germany, Italy, USA, Brazil and India the Group has planned sales of approximately 0.5 billion euro for the current year.

The Neumayer family founded the group more than 60 years ago and by the beginning of the 90’s it was the global market leader for truck wheel nuts. From 1996 Equita, as well as the founding family, advanced the world-wide expansion of the Neumayer Tekfor Group and the focus on its current strategic business segments.

Several decades of increasing development, application and process knowhow, as well as the global reputation as an innovative and reliable partner to the automobile industry make Neumayer Tekfor’s continued future growth possible.

With the investment from Barclays in Neumayer Tekfor GmbH, the growth potential is further secured Funds advised by Barclays invest as partners to European mid-size companies, with an emphasis on supporting growth strategies. The Neumayer Tekfor Group will quickly increase their global market position, further building on success in their strategic product segments using their expertise and innovative design and development through to volume production in this rapidly changing market.

Contacts

Neumayer Tekfor GmbH

Albrecht Weiss
Tel.: +49 (07831) 808-101
email: albrecht.weiss@neumayer tekfor.com

Barclays Private

Dr. Peter Hammermann
Telephone: +49 (089) 24 20 64-0
email: peter.hammermann@barcap.com

Equity GmbH Equita KGaA

Dr. Michael Hoenig
Telephone: +49 (06172) 9441-201
email: Michael.hoenig@equita.de