DRIESCHER

Leading German manufacturer of high-tech medium and low voltage switches and switchgears

Established in 1909, Driescher GmbH (Moosburg and Eisleben) (“DRIESCHER” or “the Group”) is a leading provider of critical grid components, including high-tech medium and low voltage switchgears. The Group excels in producing SF₆-free, air-insulated components designed to enhance protection and safety, serving as essential infrastructure for managing power flows and voltage conversion within energy grids.

As a trusted partner to many large municipal utilities, industrial customers and railway operators, DRIESCHER boasts an extensive portfolio of products and services, necessary for the expansion of energy grids and the modernisation of existing infrastructure. The Group employs approximately 500 people and operates four production sites in Germany and the Czech Republic.

IK Partners acquired its stake in December 2024 from the Driescher family shareholders who all reinvested. As part of the transaction, the co-founders and co-shareholders of the Czech subsidiary sold their shares and subsequently reinvested into the Group.

What Attracted Us to the Business

• Broad and modular product portfolio with high customisation capabilities
• Attractive underlying market driven by sustainable long-term trends
• Full value chain coverage
• Loyal and diversified customer base
• Strong reputation as a high-quality SF₆-free vendor

Our Value Creation Strategy

We are working alongside management to:

• Further grow organically in a strong market supported by continuous product innovation;
• Pursue a range of operational excellence initiatives and increase capacities;
• Expand business in Germany as well as internationally; and
• Further develop the aftersales and service offering.

Quotes from the Client

“With a history of over 85 years, we take pride in the legacy built by our grandfathers, our fathers and the dedicated employees of DRIESCHER. Together with the management team, we are thrilled to partner with IK as DRIESCHER enters the next stage of its development. IK has convinced us with its expertise, values, cultural alignment and vision for the future of our Group, making this the right step to initiate the succession for DRIESCHER.”

Doris and Christoph Driescher, Family Shareholders of DRIESCHER

“Our leadership team is very much looking forward to the partnership with IK. We are confident that, with the experience of our employees and the support of IK’s team, we will continue our path of sustainable growth with technologically leading products and excellent service for our steadily growing customer base.”

Frank Hegenbart and Thomas Lehner, Managing Directors at DRIESCHER