Unitex Group acquires the Walter Hering KG (“Seil Hering”)
The family-owned Unitex Group, based in the Netherlands and with locations worldwide, is one of the world’s leading manufacturers and distributors in this sector. Unitex Group has acquired 100% of the shares in Walter Hering KG on 01.01.2023 and intends to continue the existing strategy using synergies within the group and to continue to grow at the site with the existing team.
This sustainable approach was of particular importance to the previous owners when selecting a partner for the acquisition. Marco Repetto, CEO of Unitex Group, confirms: "In the Walter Hering KG we have found a company with comparable values. With combined forces and the experienced team of employees, we will now continue to grow in Northern Germany."
Dr. Jan Duch and Demian Köster, partners at Valetis GmbH, Düsseldorf, were in charge of the M&A process for Seil Hering and its shareholders. The legal support was provided by attorney Manfred Siepert, von Beust Rechtsanwälte, Hamburg. Tax advice by Prof. Günther Strunk, BWLS Görg, Hamburg.
Valetis is a partner-managed management consultancy based in Düsseldorf and Halle (Saale), specializing in the implementation of projects for entrepreneurs and shareholders in special situations. This includes in particular the management of corporate crises both before and during insolvency, the value-oriented alignment of companies, the design and support of integration and change processes as well as M&A transactions. www.valetis.de
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