Harris Williams & Co. Ltd Advises the Shareholders of AWEBA Werkzeugbau GmbH on its Pending Sale to Schuler AG

April 20, 2016

Harris Williams & Co. Ltd, a preeminent middle market investment bank focused on the advisory needs of clients worldwide, has exclusively advised the shareholders of AWEBA Werkzeugbau GmbH, Aue, Germany (AWEBA), private and institutional investors, on the pending sale of AWEBA  to Schuler AG, Göppingen, Germany (Schuler; BAYB:SCUN). Schuler’s global presence as a market-leading supplier of forming technology will enable AWEBA to realize substantial global growth opportunities. With the acquisition, Schuler is expanding its tool manufacturing capabilities for forming tools and strengthening its existing in-house tooling capabilities. The pending transaction, which is still subject to anti-trust approval, is expected to close in the second quarter of 2016 and is being led by Jeffery Perkins, Lars Friemann and Florian Ripperger of Harris Williams & Co.’s Frankfurt office.

Dr. Frank Müller-Dahl, chairman of advisory board of the AWEBA Group and shareholder, said, “We are pleased to have found a renowned, strategic partner in Schuler that will expand the company’s international presence, accelerate its path to become a global system supplier and secure the workplaces in the region.”

AWEBA is known as one of the most important international full-range suppliers for tools and fixtures. The competence spectrum comprises the design, engineering, manufacturing and servicing of a broad range of dies and fixtures. AWEBA has market-leading positions in forming and cutting technologies, as well as die-casting and special applications such as fine blanking and hydroforming. AWEBA tools are used for the production of highly innovative and critical parts for automotive powertrain and lightweight solutions as well as in the electrical and mechanical engineering industries. The company is a renowned development partner and has international leading OEMs and Tier-1 suppliers as its customers, which are served from three locations in Germany and the U.S. In fiscal year 2015, AWEBA generated revenues of around € 60 million with about 600 employees.

Schuler is the market leader in forming presses, automation solutions, tools, process technology and adjacent services for metal-working industries and lightweight solutions for the automotive industry. Customers include automotive OEMs and suppliers as well as forging, household appliance, packaging, energy and electric industries. Schuler is also the world leader in the field of coin minting technology and realizes system solutions for the aerospace, railway and large scale industries. Globally, Schuler employs about 5.200 people. The group has a presence in more than 40 countries and its main shareholder is Austrian ANDRITZ-Group.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Harris Williams & Co. Ltd is a private limited company incorporated under English law having its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales under company number 7078852. Directors: Mr. Ned Valentine, Mr. Paul Poggi, Mr. Thierry Monjauze and Mr. Aadil Khan, authorised and regulated by the Financial Conduct Authority.

Harris Williams & Co. Ltd Niederlassung Frankfurt (German branch) is registered in the Commercial Register (Handelsregister) of the Local Court (Amtsgericht) of Frankfurt am Main, Germany, under registration number HRB 96687, having its business address at Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany. Permanent Representative (Ständiger Vertreter) of the Branch Niederlassung: Mr. Jeffery H. Perkins.