SuedBG invests in Fischer Panda GmbH
Paderborn / Stuttgart, February 5, 2021 - In order to support the Company’s further growth, Sued Beteiligungen GmbH (SuedBG), Stuttgart, acquires shares in Fischer Panda GmbH, Paderborn. The current shareholders Dr. Hans-Joachim Herbermann, Stephan Backes and Dr. Bernd-Siegfried Bagusat will remain shareholders in the future.
Fischer Panda GmbH, founded in 1977, is the world's leading premium manufacturer of mobile power generators, hybrid and electric drive systems as well as entire mobile power supply systems. The solutions are primarily used in yachts, boats and special vehicles and are known worldwide for their innovative, reliable, compact and extremely quiet characteristics. With around 130 employees, Fischer Panda generated sales of c. EUR 34 million in 2020.
Further information at www.fischerpanda.de
The vision "Power for the future" includes the expansion of leading positions in Europe, America and Asia as well as pioneering electromobility solutions and will be implemented together with SuedBG.
Dr. Hans-Joachim Herbermann and Stephan Backes, both long-term Managing Directors and shareholders, comment: “With SuedBG we have been able to win a long-term, financially strong equity partner who specializes in the sustainable positioning of companies and is dedicated to support our future growth. Together we have decided on a cooperative partnership in which proven structures will be retained and continuity in the leadership is ensured."
Gunter Max, Managing Director and Alexandros Kozas, Member of the Executive Board at SuedBG, add: “Thanks to the consistent customer focus based on a premium product and a global sales and service network, Fischer Panda has achieved an excellent market position. We look forward to successfully implementing the further growth strategy in partnership with the Fischer Panda team. "
Sued Beteiligungen GmbH (SuedBG), being headquartered in Stuttgart, is a 100% subsidiary of Landesbank Baden-Württemberg (LBBW) supporting medium-sized companies for more than 40 years with customized equity and equity-related solutions in the context of succession plans, growth financing and changes in the shareholder structure.
Further information at www.suedbg.de
The parties have agreed to keep transaction details confidential.