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- Harald Quandt family's principal investment firm acquires leading
specialist in optical inspection systems
- Founder Hermann Fritz will remain with the company
- Mutual partnership to pursue growth and internationalization
Bad Homburg/Oberstdorf,May 3, 2018. Harald Quandt Industriebeteiligungen
GmbH ("HQIB") has acquired minCam GmbH. minCam is a leading company in the
field of optical inspection systems. Its founder and Managing Director
Hermann Fritz will remain with the company and participate in its future
success. Frank Keller will be appointed additional Managing Director of the
company. The parties have agreed not to disclose any details about the
transaction.
As part of the Harald Quandt network, the well positioned company shall
continue its successful development. The growth strategy focuses in
particular on internationalization, the development of new industrial
applications, and add-on acquisitions.
"We are convinced of the superior quality of minCam's products and impressed
by the company's technical expertise and innovative capabilities. We also
see considerable growth potential," says Gregor Harald May, Managing Partner
of HQIB. "Our goal is to continue and further promote minCam's success story
through the experience, resources and international network of the Harald
Quandt family. In doing so, we will operate in close collaboration and
partnership with Hermann Fritz."
"I am pleased to have found the perfect partner in HQIB. Its great
industrial expertise will support me in expanding minCam's product portfolio
into new industries and applications," says Hermann Fritz, Founder and
Managing Director of minCam. "Together with HQIB, we will be able to
establish a stronger international footprint with our acclaimed
'Made-in-Germany' product quality and continue the strong growth momentum of
recent years. HQIB's long term approach as an industrial holding company
combined with the industrial network of the family Harald Quandt convinced
me that this is the right step for minCam."
minCam's camera systems distinguish themselves through their particularly
high quality, robustness and reliability. The relatively small and short
camera heads allow for excellent bend mobility. Thanks to the platform
strategy, the products are highly individualizable, enabling minCam to offer
customized solutions to its clients.
*About minCam*
minCam GmbH is a leading company in the field of optical pipe-inspection
systems based in Oberstdorf, Bavaria. The company specializes in push-rod
camera systems (pan & tilt and axial camera systems), which are primarily
used in smaller pipes. The camera systems are used, for example, in
freshwater, wastewater, wells, and shafts as well as in industrial
machinery. Further information can be found at www.mincam.de/en/ [1].
*About Harald Quandt Industriebeteiligungen *
Harald Quandt Industriebeteiligungen GmbH is the principal investment firm
of the family Harald Quandt joined by a small, select number of (industrial)
families and partners. HQIB invests in small and medium sized companies
within the German-speaking region that are leading in established and
technologically sophisticated market niches with attractive growth
potential. As an industrial holding company, HQIB pursues a long-term,
sustainable investment approach and is not subject to any time restrictions
or limited investment periods. Further information can be found at
www.hq-ib.com [2].
*Contact*
Harald Quandt Industriebeteiligungen GmbH
Matthias Weigend
Principal
Am Pilgerrain 17 | D-61352 Bad Homburg v.d. Höhe
M +49 172 4422 511
mw@hq-ib.com | www.hq-ib.com [2]
End of Media Release
Issuer: Harald Quandt Industriebeteiligungen
Key word(s): Enterprise
2018-05-03 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
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681987 2018-05-03
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