One Equity Partners (OEP), a middle market private equity firm, has signed a definitive agreement to acquire Montanhydraulik GmbH. The company is a global industrial engineering and manufacturing specialist of high-quality ultra-large-scale hydraulic cylinders, aggregates and entire hydraulic systems, and a provider of related worldwide maintenance and repair services.
Founded in 1952 and based in Holzwickede, Germany, Montanhydraulik provides tailor-made hydraulic cylinder solutions for applications across industries such as infrastructure, electric grid, mining, hydropower, wind, mobile cranes and other sectors. The company has over 1,100 employees across 10 locations globally.
Philipp von Meurers, partner at One Equity Partners, said the firm believes that “there are significant opportunities to leverage global trends, such as infrastructure modernisation, rising energy demand and the shift to renewables”.
Financial terms of the private transaction were not disclosed.
