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C.W. Downer & Co. Advises Equita on the Sale of the Transnorm to IK VII Fund

BOSTON, December 4, 2014 – C.W. Downer & Co., a leading global middle-market investment bank,is pleased to announce that Transnorm Beteiligungen GmbH (“Transnorm”), a global leader in conveyor systems and parts for parcel and baggage handling, has been sold to IK Investment Partners, a European private equity group. The transaction is expected to close during the month of December and the value was not disclosed.

Headquartered in Harsum, Germany, with additional facilities in the US and Malaysia, Transnorm is a manufacturer of specialty logistics and material handling conveying components and systems and is the current market leader in conveyor belt curve engineering and production. The company’s high performance products are critical to automated delivery systems in a wide variety of industries, including airport baggage handling, parcel handling and high speed warehouse distribution. The company was founded in 1957 and has enjoyed strong growth in recent years due to the increased focus on global e-commerce fulfillment and airline travel.

Jan Drewitz, Partner at Equita, said in a company statement, “During the past 7 years we have been very pleased to support the successful development of Transnorm’s growth along with the broadening of the international footprint and the diversification of the product portfolio. We are convinced that IK will be an ideal partner to support Transnorm’s future development.”

“C.W. Downer & Co. continues to be one of the top advisors for material handling companies seeking help with their M&A needs,” said Frank Merkel, Managing Director & Partner with C.W. Downer & Co. “Including Transnorm, two material handling transactions have been signed in just the past month. Transnorm follows the sale of a US-based heavy industrial conveyor company to a publicly listed Chinese strategic acquirer earlier in November,” he concluded.

The C.W. Downer & Co. team assisting Equita with the sale included Frank Merkel (Managing Director & Partner), Mike Howell (Managing Director & Partner), Gregor Korte (Managing Director), Michaela Pfeifenberger (Vice President), Chris DiPietro (Associate), Leandros Bebos (Associate) and Lukas Schmitt (Analyst).

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 40 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

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