February 20, 2025
Translink acted as the advisor to Mition GmbH Mittelstandsbeteiligungen on the acquisition of Detlef Klinkhammer Steuerungen und Komponenten für Aufzüge GmbH
Translink Corporate Finance in Germany advised Mition GmbH Mittelstandsbeteiligungen (Mition), a renowned investment company focused on majority investments in medium-sized companies, on the acquisition of Detlef Klinkhammer Steuerungen und Komponenten für Aufzüge GmbH (KLST).
KLST was founded in 1989 by Detlef Klinkhammer. Based in Zülpich (North Rhine-Westphalia), the company develops and manufactures individual control systems for the elevator industry, ranging from simplified freight elevators to complex group controls for both new installations and retrofits.
Mition expands its portfolio with a specialised provider of controls for the elevator industry and other applications
With this transaction, Mition is expanding its portfolio with a well-established supplier of controllers, control cabinets and components for elevators. Simultaneously, the investment company is addressing the succession challenge for this mid-sized family business.
Comments from Mition
Dr. Dirk Pramann, Managing Partner at Mition, said, “We have acquired a well-positioned, economically successful company that offers a variety of starting points for further strategic development.”
Comments from Translink Corporate Finance
Christian Fest, Partner at Translink Germany, said, “We are pleased to have worked with Mition on the acquisition of this highly attractive target. Due to our concerted effort, we were able to close this transaction in less than three months after signing a term sheet. Mition is the ideal partner for the Klinkhammer family to continue growing the business in the future.”
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Translink Corporate Finance GmbH & Co. KG with its offices in Berlin, Bremen, Cologne and Frankfurt covers Translink’s business in Germany, Austria, and Switzerland. It is composed of seasoned finance and M&A professionals who have in-depth experience in a variety of sectors and disciplines. Visit Translink Corporate Finance Germany
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