Schenck Process
Status
Realised
Country
Germany
Strategy
Mid Cap
Sector
Entry
Oct-07
Exit
Dec-17
Fund
IK 2007
Website
News
IK Investment Partners to sell Schenck Proces...Industri Kapital acquires Schenck Process fro...
World leader in industrial measuring and process technology
At the time of exit, Schenck Process ("the Company") was one of the global market-leading providers of industrial weighing, feeding, screening and automation equipment and solutions. The Company had significant operations in Europe, North and South America, China and Australia and served a diversified customer base across a wide range of International Business Segments ("IBS"), including Heavy, Light, Mining Power and Transport Automation.
Schenck Process is headquartered in Darmstadt, Germany.
IK acquired Schenck Process in October 2007 via the IK 2007 Fund, and sold to Blackstone in December 2017.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Leverage strong organic growth;
- Introduce focus on operational excellence and international expansion; and
- Make selective add-on acquisitions.