Hannover Finanz

Private equity fund HANNOVER Finanz, together with Lück Invest, has acquired a majority stake in BÜHR Group, a full-service provider for technical building equipment projects in Germany.

Hannover Finanz, together with management, acquired Presswerk Krefeld from US company MacLean Company. The buy-out creates independent group PWK Automotive with about 900 employees and annual sales of around EUR 160 million.