IMAP advised KEUCO GmbH & Co. KG, a premium brand for bathroom accessories, fittings, mirror cabinets and bathroom furniture, and its shareholders on the entry of HF Opportunities (HFO). HFO is the special situations unit of the Hannover Finanz Group. As part of a share deal, it acquires a majority stake in KEUCO and will support the company as a long-term equity partner in its strategic and operational development. The Himrich shareholder family retains a minority stake in the company.

KEUCO was founded in 1953 and produces high-quality bathroom accessories, fittings and mirror cabinets as well as bathroom furniture "made in Germany".

Design and function play a decisive role at KEUCO. Product development and significant parts of production are handled in-house, allowing the company to deliver on its high standards of design and quality itself. KEUCO is established as a premium supplier above all in the DACH region.

HF Opportunities advises institutional investors on investments in companies in the DACH region, contributing capital, strategic sparring and operational experience. Together with the KEUCO team, HFO intends to strengthen the core range and sharpen the brand. In addition, capacities and processes are to be adapted to market conditions so that KEUCO remains competitive in the long term.

Lubert Winnecken, CEO of KEUCO, said (translated quote, in substance): With HFO, KEUCO has gained a German investor that will support the company over the long term and develop its strong brand. Taking this step in a challenging market environment is the result of a real team effort, in particular by the KEUCO team, which carried the intensive process with exceptional commitment, and by the IMAP team, which guided the company through the transaction with strategic foresight, sensitivity and team spirit, always on equal footing and consistently solution-oriented.

Advisors to KEUCO and its shareholders: IMAP
Andreas Widholz (Partner)
Patrick Fritscher (Director)
Anna Eder (Vice President)
Birgit Roosileht (Associate)
Julian Eizenhöfer (Analyst)

This text was automatically translated from the German original.