Funds advised by PINOVA Capital GmbH have acquired a stake in KIST + ESCHERICH GmbH, headquartered in Munich and Dresden.
PINOVA is an independent investment company that invests through its managed funds in Industrial Tech companies in the German-speaking region. PINOVA focuses on mid-sized companies with revenues between €10 million and €50 million that are distinguished by clear growth potential, sustainable competitive advantages and a strong market position in their niche.
KIST + ESCHERICH is a leading provider of solutions in the fields of electrostatics and surface cleaning. The company develops and manufactures electrostatic discharge systems as well as surface cleaning systems and equipment that are used in industrial manufacturing processes worldwide.
The electrostatics and surface cleaning systems technology leader KIST + ESCHERICH gains a strong partner in PINOVA for its next phase of growth.
taxess provided structural advice on the purchase.
