ACO Group with two M&A transactions in just one day
The ACO Group is a successful family business and global market leader in the field of drainage technology.
The company has been successfully using the services of Emporion GmbH since 2017 when it comes to implementing growth strategies.
Together, nine strategic mergers have already been realized since 2017. The ACO Group has now received a double addition to the family on June 30, 2023.
With ACO GmbH and ACO Passavant GmbH (building services), different business units became active at the same time.
Two successful deals for the same client in just one day.
Even for Wilco Früh, Managing Director of the M&A boutique Emporion, which specializes in company acquisitions, this is still something very special.
The merger with Betonwerk Neu-Ulm took place on June 30, 2023.
ACO Ahlmann SE & Co KG took over 100% of the shares in the company, a leading manufacturer of highly stable monolithic concrete slotted channels.
Both sides are highly satisfied with the transaction.
For the ACO Group, the goal of broadening its portfolio has been achieved.
Alexander Airich, Managing Director of ACO GmbH, comments:
"The strategic merger now enables us to offer our customers an even broader and more individualized product portfolio. The "Pfuhler channel", which will continue to be designed, produced and sold by the concrete plant at the Neu-Ulm site, is particularly worthy of mention. ...We look to the future with great pleasure and warmly welcome all employees of Betonwerk Neu-Ulm to the ACO family. "At the same time in Hambühren near Celle: today Manfred Fricke is steering the fortunes of his company Elastoform, founded in 1983, for the last time. He sold it to the ACO Group on July 1, 2023. He is certain that everything will "stay the same" in a positive sense, as his daughter and son-in-law will continue to run the company together with Jan Radzey, Managing Director of ACO Haustechnik. Manfred Fricke thinks in terms of all stakeholders. He is certain that they will benefit from this strategic merger. From ACO Haustechnik's point of view, the desire for an even wider range of services and more comprehensive development opportunities for new products is fulfilled by strengthening the core competence in plastics production with a new manufacturing process. We congratulate the ACO Group, Betonwerk Neu-Ulm and Elastoform on these promising family reunions and look forward to further cooperation.