May 11, 2015

Capital Increase in CaseTech

In the course of a capital increase, Frank Niedecker, the owner of the Poly-clip System Group in Hattersheim, Germany, has made an investment in the CaseTech Group, which has its headquarters in Bomlitz. CaseTech and Poly-clip are suppliers of the global meat processing industry and expect to achieve substantial synergies through their future cooperation, particularly in sales. The previous sole shareholder, Equita GmbH & Co. Holding KGaA, Bad Homburg, will remain a shareholder of the CaseTech Group with a substantial stake. Operational responsibility will remain with the current management.

Poly-clip is the world’s leading manufacturer of clip closure solutions, and stands for innovation, reliability and safety. The product and services system comprises a wide range of innovative solutions, including clipping machines, packaging machines and automation solutions as well as consumables such as clips and loops. The company supplies the food industry worldwide with clip closure systems used mainly for packing meat and sausage products. With a 50% market share, it is the global leader in terms of sales and technology in its segment.

CaseTech is a global manufacturer of top-quality, state-of the art sausage casings, which it supplies to the meat processing industry and the butcher’s trade. The company specializes in cellulose fibrous casings as well as premium plastic casings. CaseTech sets itself apart with excellent service and expert advice. In addition to the corporate headquarters in Bomlitz, the company operates sites in Legnica (Poland) and Willowbrook (USA). In Legnica it produces plastic sausage casings.

Equita stands for continuity in the long-standing Harald Quandt family tradition of investing in medium-sized companies in the German-speaking countries. Since 1992 Equita has made equity investments totalling €830 million in 30 different companies.

Equita contacts:

Dr. Michael Hönig
Senior Partner | Managing Director
Tel. +49 (89) 255 476 34

Christine Weiss
Partner
Tel. +49 (6172) 9441-224