Leveraged Managment Buy-Out (LMBO)

Schrack Technik International

"That's got imagination!" – At HANNOVER Finanz the team wants to be able to say that when a manager tells them his ideas for developing his company. And HANNOVER Finanz is especially interested when, like Wilhelm Grosseibl, director of Schrack Energietechnik, the manager in question sees an opportunity of taking over the business. When the Rexel group decided to sell the company, which employs around 400 people, its management seized the chance to become entrepreneurs in their own right.

Today Wilhelm Grosseibl and his management team are co-owners of the low voltage, data processing product and system solutions supplier with an annual turnover of over € 100 million. Now their own masters, they are free to develop the company on the lines they envisage.

• The partnership
• The aim
• Wilhelm Grosseibl on partnership with the HANNOVER Finanz Group