Corporate Finance
Corporate Finance
The image depicts a large building complex, possibly an industrial facility or corporate headquarters. Key features of the image include: 1. **Company Logo:** The logo displayed on the main building indicates it's part of a company or brand. In this case, the logo appears to represent "Afherald." 2. **Building Structure:** - A modern industrial or commercial structure is visible. - The structure on the left seems to have metal or glass doors or panels. - The main building has a clean, geometric design featuring a combination of materials like concrete, metal, or glass. 3. **Landscaping:** - The surrounding area features well-maintained green grass and neatly arranged tall trees. - The presence of landscaping indicates an emphasis on aesthetic appeal. 4. **Weather and Environment:** - The image is captured during daytime under clear skies, suggesting favorable weather conditions. 5. **Foreground Elements:** - A fence or partition structure appears in the front of the building area, providing a border or boundary. Overall, the image conveys an impression of a modern, well-kept facility, potentially associated with an organization named "Afherald."

HÜBERS

Succession solution and growth impulse for world market leader in systems engineering

DZ BANK manages successful international sales process

DZ BANK Corporate Finance / M&A advises the owner family of HÜBERS Group on the sale of a majority stake to HANNOVER Finanz

In August 2021, the Terhardt family sold its majority stake in HÜBERS Group to HANNOVER Finanz. DZ BANK Corporate Finance / M&A organized and managed the entire sales process as exclusive M&A advisor to the owner family.

The renowned German company HÜBERS, headquartered in Bocholt, North Rhine-Westphalia, is a specialist and world market leader in the construction of machines and systems for vacuum casting and pressure gelation of electrical and electronic components, as well as for the production of structural components by means of vacuum direct infusion. Wherever components have to be cast, pressure gelled or infused with maximum precision, reliability and quality and have to be manufactured with maximum efficiency, HÜBERS is regarded as the best address for the construction of the corresponding systems worldwide . The specific HÜBERS know-how in process engineering for compounding, mixing and metering is unique and has been unmatched by the competition for decades. Their systems are used in numerous growth industries, above all in electromobility, wind power and energy technology. In particular, HÜBERS is a technological pioneer in the production of rotor blades for wind turbines by means of vacuum direct infusion with its proprietary V-DIT process. At the headquarters in Bocholt and the locations of the subsidiaries in Japan and China, HÜBERS employs a total of about 150 employees.


This transaction completes the corporate succession already initiated in 2009 by the transfer of shares to the second generation by welcoming HANNOVER Finanz both as the new majority shareholder and as an experienced sparring partner. Josef Terhardt will continue to act as an advisor and member of the advisory board, while his two sons Dominik and Markus Terhardt will remain with HÜBERS as managing directors and minority shareholders. In addition, an experienced CEO will join the management team via a management buy-in. The long-standing sales manager will also receive shares as part of the transaction.


The HANNOVER Finanz Group has been a sought-after equity partner for SMEs in all sectors for 40 years. Founded in 1979 and based in Hanover and Vienna, the private equity house was one of the first equity investors in Germany. Well-known companies such as Fielmann, Rossmann or AIXTRON AG have realized their growth with equity capital from the HANNOVER Finanz Group and have taken advantage of its entrepreneurial support. The Group also invests in the event of a company succession. HANNOVER Finanz focuses on companies with annual sales of 20 million euros or more.


Responsible on the part of DZ BANK were Martin Petsch, Benedikt Fischer, Rolf Martin Blume, Sebastian Baier and Kim Braun.

The image depicts a sophisticated industrial setting showcasing equipment and machinery used for processing in a manufacturing plant. The setup includes: 1. **Large Bulk Bag Feeder**: Positioned on the left side, it holds raw materials destined for processing. - Supported by a metal frame with a staircase or ladder for accessing the feeder. 2. **Storage and Conveyance Systems**: Multiple tanks and piping systems designed to manage and transfer materials throughout the setup. - **Conveyors and Pipes**:** It's apparent that pipes and conveyors are involved which may serve to transport materials between different units in the facility. 3. **Processing Units**: Centralized equipment tagged with the 'HUBER' branding. - **Mixers or Granulators**: Supporting equipment likely involved in blending, mixing, or granulating materials. - **Control Panels**: Integrated into the machinery for operational management. 4. **Filtration or Separation Equipment**: Located on the right, this unit might serve as filtration or separation of processed materials. - Linked by visible piping systems to other components. 5. **Safety and Monitoring Interfaces**: Gauges, control units, or monitoring systems integral to ensuring operational safety. Overall, this image represents a typical setup found in industries such as chemical processing, material manufacturing, food production, or similar sectors where bulk material handling and processing are involved.
HÜBERS systems stand for highest quality, process reliability and availability
The image depicts a highly sophisticated industrial machine used in the processing or manufacturing sector. Key components visible in the image include: 1. **Brand Identification:** - The machine has a logo or name of "HOBERS" visible, indicating the manufacturer or brand of the equipment. 2. **Mechanical Components:** - **Pumps or Cylinders:** There is a visible cylinder with fins or segmented sections which might be part of the machine's pumping or pressure system. - **Pipes or Tubes:** Various tubes and pipes may indicate fluid or air movement as part of the machine's operation. - **Wheels or Gears:** There seems to be rotational elements which could be involved in the functioning or supporting mechanism of the machine. 3. **Technical Environment:** - **Metallic Finish:** The components and structure are mainly metallic, showcasing durability and industrial design. - **Color Scheme:** The predominance of metallic silver, grey, and shades of blue implies a technical or industrial environment. 4. **Operational Layout:** - The setup suggests focused functionality, possibly linked to manufacturing processes such as extrusion, die-casting, or materials handling. This type of machinery can be commonly found in facilities engaged in mechanical or chemical processes, like plastic manufacturing, material extrusion, or similar industrial settings.
Innovation for product quality and process efficiency

With DZ BANK, I am very happy to have had an experienced and competent partner at my side who was able to implement my personal succession process with me. The team of advisors at DZ BANK has supported my sons and me in every situation since we first met a few years ago. During the entire transaction process, we felt we were doing the right thing.

Josef Terhardt, Vice Chairman of the newly established Advisory Board at HÜBERS

As the second generation, it was very important to us to find an investor who fits both to us and to the company, who appreciates the value of the company and who can work with us as partners to take HÜBERS to the next level. We owe it to the team of DZ BANK advisors around Mr. Petsch that we have now found this growth partner to be HANNOVER Finanz.

Markus and Dominik Terhardt, managing directors and minority shareholders of HÜBERS
The image shows a person wearing a dark suit with a white shirt and a maroon tie.

Martin Petsch, DZ BANK:

"The Terhardt family has demonstrated a great sense of entrepreneurial responsibility with the implementation of the investor process. In the search for a suitable growth partner, the interests of HÜBERS and the employees clearly always had top priority. We are grateful and proud to have been able to help supporting this important step for the family and the company."

right_open See Martin Petsch's profile
The image shows a person wearing a formal suit with a red tie against a black background.

Rolf Martin Blume, DZ BANK:

"In HÜBERS, we had the pleasure of accompanying a true gem of the German SME sector in its succession solution. Based on the already existing clear unique selling propositions and the enormous innovative power, the new and existing shareholders will realize the numerous potentials and lead the company into a successful future."

right_open See Rolf Martin Blume's profile
The image shows a person wearing a dark blue checkered suit and a white shirt with a green polka dot tie.

Benedikt Fischer, DZ BANK:

"HANNOVER Finanz, with its wealth of experience in acting as partners to family businesses and in actively supporting high-growth companies, represents an ideal partner for the long-term further development of HÜBERS. The focus is on long-term commitment and maintaining entrepreneurial independence while enabling access to a network of experts from various fields."

right_open See Benedikt Fischer's profile

Further transactions

The image shows a close-up view of tree rings on a wooden surface. Tree rings, also known as growth rings, are visible circular bands typically found on a cross-section of a tree trunk or limb. They indicate the age of the tree and are formed due to variations in growth during different seasons, with each ring usually representing one year of growth. The pattern of rings can provide insights into historical climate conditions and the tree's growth rate over years.

Zollikofer Gruppe
The image depicts a series of advanced medical equipment and machines commonly found in modern healthcare settings, such as hospitals and clinics. 1. **Left Side -** - A computer workstation setup that likely integrates with medical systems for tracking and recording patient data. - The display screen shows medical data—possibly related to patient monitoring or diagnostics. - The chairs at the bottom could be part of the setup for comfort while operating the workstation. 2. **Middle -** - A sophisticated stand-alone medical device featuring a display screen. It could be a vital signs monitoring system or a diagnostic device used for checking patient conditions in real-time. - It appears to have multiple ports and accessories that might be used for connecting various patient monitoring cables or sensors. 3. **Right Side -** - A cart-based medical apparatus that resembles a mobile anesthesia machine or a medical ventilator. - Equipped with multiple controls, valves, gauges, and digital displays to ensure precise monitoring and administration of treatment. - This machine includes canisters and tubes, indicative of gases or liquids essential in medical procedures. Overall, the image showcases advanced medical technology that supports patient care. These systems collectively contribute to diagnostics, treatment planning, and continuous patient monitoring during different healthcare procedures.

UMT Holding
The image depicts a modern building illuminated at night. The structure appears to be an office building or a commercial facility, characterized by: - **Architectural Elements**: - **Rectangular Design**: The building boasts a contemporary, geometric design with clean lines and angular shapes. - **Glass Windows**: Large glass panes cover the facade, allowing visibility into the interior and reflecting the colorful lighting. - **Metal Accents**: The building's exterior features sleek metal elements contributing to its modern aesthetic. - **Interior View**: - **Diverse Room Colors**: Various sections of the building are lit in different colors such as purple and green, providing a vibrant atmosphere. - **Office Setup**: Inside, one can observe desks, chairs, and workstations, indicating the building’s function as a workspace. - **Exterior Environment**: - **Night Setting**: The photo captures the outside environment in dusk or nighttime, with lights illuminating the building. - **Background**: Trees are visible in the backdrop, adding a touch of nature to the urban setting. - **Surroundings**: - **Parking Area**: In front of the building, there seems to be a parking space with parked cars, which is common in business complexes. - **Street Lighting**: A streetlamp is visible near the building, casting light on the pathway. The image showcases the intersection of modern architecture with functionality and dynamic lighting, highlighting the appeal and utility of contemporary office spaces.

ELPLAN Gruppe
up_open
Corporate Finance

© DZ BANK 2025