The sole owner of Ferdinand Scheurer GmbH, Claus-Eberhard Scheurer, has decided to sell his company to Germany-based holding company Aurelius Wachstumskapital (“AWK”).
Ferdinand Scheurer was founded in 1962 and is headquartered in Göppingen with additional locations in Schwäbisch Gmünd and Kirchheim unter Teck. The company is a leading equipment rental provider covering the industrial region between Stuttgart and Ulm. With more than 30 employees and a state-of-the-art fleet of c. 400 machines Ferdinand Scheurer serves clients from a variety of industries enjoying a strong reputation for fast and highly reliable processing of customer orders. As a member of the Germany-wide rental association SYSTEM LIFT, it was the aim of the shareholder of Ferdinand Scheurer to find a partner with the ability to further develop the company while still taking advantage of the benefits of SYSTEM LIFT.
With the sale of his company to Aurelius Wachstumskapital Claus-Eberhard Scheurer not only secured the succession of the firm but also found an experienced partner in implementing growth strategies. Aurelius Wachstumskapital focuses on small and medium sized succession solutions. Being funded by entrepreneurial families in Germany, Austria and Switzerland, AWK pursues a long-term investment strategy.
With the investment in Ferdinand Scheurer Aurelius Wachstumskapital complements its industrial service activities that were established in 2019 by acquiring Marcus Transport. Wuppertal-based Marcus Transport focusses on renting out forklifts, portable cranes and lifting platforms and furthermore provides industrial assembly services. The acquisition of Ferdinand Scheurer creates a national group covering Western and Southern Germany.
Commenting on the successful succession, Claus-Eberhard Scheurer said: “Being part of AWK’s industrial services platform will create new opportunities for Ferdinand Scheurer GmbH to grow, expand its equipment pool as well as develop and implement new ideas.”
CASE Corporate Finance Germany acted as sole financial adviser to the shareholder of Ferdinand Scheurer GmbH. This succession is the fourth transaction in the equipment rental space in the recent past and underpins the leading position of CASE Corporate Finance in this segment.