Deal typeTransaction Services
IndustryManufacturing
Sub-industryAutomotive
Client nameFaurecia (FORVIA Gruppe)
BDO has supported Faurecia, part of the French FORVIA Group, the world's leading automotive supplier for vehicle interiors and emission control technology, in the sale of the Swiss Hug Engineering to the Belgian OGEPAR Group. Hug Engineering is an important player in the field of exhaust gas cleaning systems for high-performance engines and was part of FORVIA's Clean Mobility division until the sale.
A corporate finance team from the advisory division of BDO AG Wirtschaftsprüfungsgesellschaft in Düsseldorf, led by Jan Odewald (Partner Corporate Finance), prepared a comprehensive financial fact book as part of the sales process and provided advice on business and financial issues.
Hug Engineering was founded in 1983 and has been part of the Faurecia Group since 2018. Hug Engineering primarily manufactures exhaust aftertreatment systems for diesel and gas engines used in shipping, power generation and rail transport. The company employs over 200 people and has several locations in Europe and North America.
The buyer, the Belgian OGEPAR Group, is a family-owned holding company founded in 1985 with a share capital of 100 million euros. The group employs over 1,700 people and operates in five different business areas (engines and turbochargers, foundry, machine tool manufacturing, real estate and hotels, contracting, trade and automotive distribution).
A corporate finance team from the advisory division of BDO AG Wirtschaftsprüfungsgesellschaft in Düsseldorf, led by Jan Odewald (Partner Corporate Finance), prepared a comprehensive financial fact book as part of the sales process and provided advice on business and financial issues.
Hug Engineering was founded in 1983 and has been part of the Faurecia Group since 2018. Hug Engineering primarily manufactures exhaust aftertreatment systems for diesel and gas engines used in shipping, power generation and rail transport. The company employs over 200 people and has several locations in Europe and North America.
The buyer, the Belgian OGEPAR Group, is a family-owned holding company founded in 1985 with a share capital of 100 million euros. The group employs over 1,700 people and operates in five different business areas (engines and turbochargers, foundry, machine tool manufacturing, real estate and hotels, contracting, trade and automotive distribution).