March 2008
Spin-off of Demag Plastics Group to Sumitomo
Hauck & Aufhäuser Investment Banking advised Madison Capital Partners
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DescriptionSpin-off of Demag Plastics Group to Sumitomo
Sector(s) : Industry and automotive
Date : March 2008
Advisor(s) : Hauck & Aufhäuser
Advised : Sell Side
Mid-Capital partner Hauck & Aufhäuser Investment Banking advised Madison Capital Partners
Madison Capital Partners (Chicago, USA) has spun-off Demag Plastics Group (Schwaig, Germany) from MPM Group and has sold its shares to Sumitomo Heavy Industries Ltd. (Tokyo, Japan).
Hauck & Aufhäuser Investment Banking and Lazard Middle Market acted as financial advisor to the seller.
MCP, an American PE investor, has carved out the Demag Group from mpm.
Demag is a producer of plastics machinery.
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