GCI Management advises MS Industrie AG on the partial divestiture of MS Ultraschall Technologie GmbH

MS Industrie AG (WKN 585518; ISIN DE0005855183) divested the majority of shares in MS Ultraschall Technologie GmbH in Spaichingen to Schunk Sonosystems GmbH in Wettenberg as of May 31, 2024. The company generates annual revenues of approximately €80 million and employs around 500 people at its locations in Spaichingen, Ettlingen, the USA, Brazil, and China. Schunk Sonosystems is part of the Schunk Group, an internationally active technology corporation with around 9,000 employees in 26 countries and total revenues of over €1.6 billion.

GCI Management accompanied MS Industrie AG as M&A advisor since the beginning of negotiations with Schunk Sonosystems and, in particular, undertook the coordination of all due diligence activities as internal project manager. The legal advisory for the transaction was handled by the Munich-based law firm ljh Lindlbauer Rechtsanwälte.

“We have been working for some time on developing UTG into a full-service ultrasound provider and have found the ideal, complementary partner in Schunk Sonosystems. This merger will sustainably strengthen our locations in Spaichingen, Ettlingen, and Howell/USA. In addition, we benefit enormously from the global presence, the network, and the expertise of the entire Schunk Group.”

Armin Distel, Member of the Board of MS Industrie AG

“Schunk Sonosystems and the MS Ultrasonic Technology Group will combine their expertise in ultrasonic welding of metal and plastics under the umbrella of the Schunk Group. In doing so, we are pursuing the strategic goal of expanding Schunk’s portfolio to include plastic welding, while gaining access to markets such as the packaging, medical, and textile industries.”

Peter R. Manolopoulos, CEO of the Schunk Group