M&A DealNews Hegmanns

The image depicts a large industrial setting, likely a factory or plant, showcasing structural elements indicative of industrial architecture. Key features visible:

- **Piping Systems**: Several stainless steel or metal pipes running horizontally and vertically, facilitating fluid or gas transportation.

- **Complex Framework**: A sturdy metal framework characterized by support beams and trusses, providing structural integrity.

- **Access Structures**: Red handrails on stairs and platforms allowing safe access and navigation for workers.

- **Lighting**: A warm, natural light source illuminating part of the structure, possibly from the setting or rising sun.

- **Industrial Machinery**: Hints of mechanical equipment used for processing or manufacturing tasks.

- **Environmental Context**: Clear blue sky in the background, suggesting the facility is located outdoors, contributing to the industrial ambiance.

HEGMANNS AG

Expansion through strategic acquisition

Successful support of the corporate growth strategy through targeted M&A transactions

DZ BANK Corporate Finance supports HEGMANNS AG in the acquisition of EnviCon.

In 2019 HEGMANNS AG has taken over essential assets of Envi Con Engineering GmbH, a portfolio company of von der Heydt Industriekapital GmbH. DZ BANK Corporate Finance initiated the transaction and acted as exclusive M&A advisor to HEGMANNS AG throughout the entire transaction process.

HEGMANNS AG is a leading engineering service provider for the international process industry and offers its customers comprehensive project support from consulting and planning to implementation and commissioning. Since its foundation in 1969 by Hans-Dieter and Gerhard Hegmanns, the group of companies based in Gelsenkirchen has grown steadily and today employs around 800 people at 15 locations in Germany and abroad. The new location of Envi Con in Nuremberg with 50 highly qualified employees extends the competences of HEGMANNS AG especially in the field of engineering services for power plants and industrial facilities, gas and steam turbine power plant, sewage sludge incineration and waste incineration.

With the successful acquisition of the main assets of Envi Con Engineering GmbH, the M&A team of DZ BANK Corporate Finance was able to support HEGMANNS AG in a growth step for the second time. In 2016 HEGMANNS AG acquired VTA Verfahrenstechnik und Automatisierung GmbH from BP Europa SE with the support of DZ BANK Corporate Finance. The knowledge of HEGMANNS AG's business model and growth strategy acquired through the intensive cooperation and the regular exchange of information on current developments in the market and competitive environment enable DZ BANK Corporate Finance to continue to actively provide impulses for external growth opportunities in the future.

The image contains a collection of items commonly used in architectural or construction projects.

### Key Elements of the Image:

1. **Yellow Construction Hard Hat**:
- Symbolizes safety and is typically worn on construction sites to protect the head from falling objects and accidents.

2. **Rolled Blueprint Plans**:
- A set of rolled plans that usually depict architectural designs or construction diagrams. These are essential for project planning and execution.

3. **Laptop Computer**:
- Suggests integration of technology in design and construction processes, possibly used for digital blueprints or project management.

4. **Level Tool**:
- Important for ensuring structures are perfectly horizontal or vertical. It's a key tool for measurements and maintaining accuracy.

5. **Tape Measure**:
- Used for precise measurement of dimensions on construction sites or while drafting designs.

6. **Architectural Plans**:
- The base of the image consists of laid out blueprint sheets, providing detailed layouts necessary for construction projects.

### Context:
This assortment of tools and materials typically represents the preparatory phase in construction or architectural design, indicating a focus on safety, precision, planning, and modern technology integration in the field. — High quality engineering services

The image depicts a large industrial complex, likely a refinery or chemical processing plant. Key features of the image include:

1. **Steel Structures:** The main focal point is the array of steel structures and towers that characterize industrial plants. These structures are likely part of the machinery required to refine raw materials or chemicals.

2. **Pipework:** A significant number of interconnected pipes snake around the complex. These pipes are crucial for transporting fluids or gases throughout the facility.

3. **Cooling Towers:** There are several tall, slender towers visible, which may be cooling towers or exhaust chimneys.

4. **Sky Background:** The background features a blue sky with scattered clouds, adding contrast to the industrial scene.

5. **Sunlight:** Sunlight can be seen peeking through the structures, enhancing the visibility of the intricate network of pipes and towers.

This is typically representative of an oil refinery, petrochemical plant, or similar industrial site where raw materials are processed into valuable products. — From consulting to commissioning

With the support of DZ BANK Corporate Finance, we were able to successfully implement a further growth step and consolidate the leading position of HEGMANNS AG. I particularly appreciate the partnership and flexible cooperation, which is the key success factor in complex corporate transactions.

Stefan Hegmanns, Chief Executive Officer of HEGMANNS AG

Martin Petsch, DZ BANK

"The market for engineering services is in a phase of accelerated consolidation, driven by rising customer requirements, increasing competition from abroad and the lack of qualified specialists. The example of HEGMANNS AG shows how a successful family business with a clear M&A strategy can benefit from dynamic market changes".