Michael Riedel, Transformatorenbau GmbH

Activity by year

202420252026

Acquisition

Dec 20, 2024ACQUISITION
AQ Group acquires mdexx and Michael Riedel from Lafayette Mittelstand Capital
AQ Group has agreed to acquire mdexx inductive electronics GmbH, mdexx Magnetronic Devices GmbH, mdexx Magnetronic Devices s.r.o., and Michael Riedel, Transformatorenbau GmbH from Lafayette Mittelstand Capital. The enterprise value is approximately 5x EBITDA for fiscal year 2023 on a cash and debt-free basis, with closing expected in Q1 2025.
AQ Group AQ Group acquirer Lafayette Mittelstand Capital partner mdexx inductive electronics GmbH target mdexx Magnetronic Devices GmbH target mdexx Magnetronic Devices s.r.o. target #Electrical Equipment #Automation and Robotics news.cision.com marketscreener.com

Acquired by

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Michael Riedel, Transformatorenbau GmbH: plants, expansions, contracts and acquisitions · Endata