Xandor Mürdter Automotive GmbH is the new owner
Mutlangen/ Munich, 20.12.21 - Xandor Mürdter Automotive GmbH (Xandor Mürdter) has acquired all shares in the companies of the Mürdter Group. The transaction was executed by the team of Quantum Capital Partners GmbH (Quantum) in Munich.
Mürdter, headquartered in Mutlangen, Germany, is a leading automotive supplier of plastic injection molding components with sophisticated geometries, including complex assembly, gluing and welding processes. The Company’s product range contains surface parts as well as structural/functional parts for its long-standing blue-chip OEM and tier-1 customer base. Furthermore, the Company maintains its own tool making facilities, designing and manufacturing tools for both internal injection molding and external customers. The Mürdter plastic molding and equipment tooling businesses operate through four sites in Germany and Czech Republic. The Company currently employs a total workforce of c. 585 employees.
Combined with Xandor Automotive’s Plastics division, a company having its production footprint in the United Kingdom (previously active in the market as Rosti Automotive, acquired by Quantum in January 2020), Xandor Mürdter will offer its customers a truly international production footprint, reaching more than EUR 200m revenues p.a.
Mr. Normann Mürdter and Mr. Robert Mürdter managed the Mürdter Group for almost 30 years, but due to lack of a family succession alternative, they decided to let Mürdter Group become part of a larger automotive supplier. They will continue to manage the daily operations at Mürdter under the leadership of Mr. Gunther Hiller, the CEO of Xandor’s Connectors as well as Plastics activities.
Steffen Görig, CEO and founder of Quantum comments: "The Mürdter family established a leading automotive supplier well renowned in the industry for its high quality, engineered product portfolio of injection molded components and sub-assemblies. Together with our current management team of Xandor Automotive and the Mürdter management, we look forward to further developing the business within Xandor Mürdter and to realize its full growth potential.”
About Quantum: Quantum is a manager of funds who invests in corporate carve-outs and other special situation across Europe (the Quantum Group). The Quantum operations are managed through its Munich Headquarters, as well as its office in Madrid. Quantum Group acquires companies with significant potential for operational improvements, growth and development. As an active and responsible owner, Quantum Group works closely with local management to ensure that its subsidiaries implement a continuous development plan and growth strategy. Since its inception in 2008, the Quantum Group has acquired a variety of businesses from world-leading companies such as Robert Bosch, Stora Enso, Dürr, Airbus, Nestlé, Mahle, Tenneco, Norsk Hydro and Eaton. With 38 completed acquisitions since 2014, the Quantum Group is one of the most active investors in its sector.