svt Group acquires specialist for sealings and penetrations

svt Group acquires specialist for sealings and penetrations

Promecon exclusively advised the shareholder of the DDL GmbH on the sale to svt Group.

As of March 31, 2021, the svt Holding GmbH takes over retroactively as of 1 January 2021 all shares of the DDL GmbH, a fast-growing and leading manufacturer of sealings and penetrations for the construction industry as well as electrical and building technology. The core competence lies in the development and manufacturing of wall and pipe penetrations. Modularization and prefabrication of building elements up to complete functional units outline DDL‘s product portfolio.

With an own analysis tool to capture synergies, Promecon explored a full range of opportunities for DDL by pooling resources with the svt group of companies. The svt Group, a majority-owned portfolio company of the private equity firm Ergon Capital Partners, is one of the leading providers in the field of passive structural fire protection and full-service restoration for fire, water and hazardous damages.

This transaction demonstrates once again that M&A processes in pandemic times are possible. The strategic sales process was successfully led and managed by Promecon.