CGS acquires a share in the Masa Group
According to an actual press release of Masa GmbH the industry participation fund CGS III (Jersey) L.P. (CGS) acquired a majority share in Masa GmbH, Andernach, Germany.
The transaction represents a sustainable solution to the issue of arranging a succession of Masa GmbH’s longstanding majority shareholder, Olga Vercammen. However, Vercammen will continue to have a share in Masa GmbH via a newly founded intermediate holding company, Masa Industriebeteiligungen GmbH.
In the end of 2013 CGS acquired a majority share in the Top-Werk Group, which operates in the same segment with the brands Hess, Prinzing-Pfeiffer and SR Schindler. The activities of both groups will continue to be managed separately under CGS until further notice.
The CGS fund is advised by CGS Management Giesinger, Gloor, Lanz & Co. The management is based in Pfäffikon in Switzerland. According to CGS Management the fund invests in well positioned industrial companies with a focus on technological innovation, organic growth and Buy & Build strategy.
CONTACT
CGS
Huobstraße 14
8808 Pfäffikon/Switzerland
+41 554161640
Masa GmbH
Masa-Straße 2
56626 Andernach/Germany
+49 2632 9292-0
