Change of ownership at SUSPA GmbH

(Altdorf bei Nürnberg, 12.6.2018)

Andlinger & Company announces today that it is planning to sell SUSPA GmbH to the private investment arm of the Belgian Entrepreneur Pascal Vanhalst. The transaction is conditional on the approval by the German antitrust authorities, which is expected end of June.

Mr Pascal Vanhalst drove the development of the Belgian TVH Group that he jointly owns with his partners from a local business to a global player for spare parts of industrial equipment and the supply and rental of aerial work platforms and forklifts. 

SUSPA is the innovative manufacturer of gas springs, hydraulic dampers, friction dampers, lifting columns, piston rods, crash management systems, safety systems as well as complex drives and actuators. In 2017, the SUSPA group generated sales of EUR 261 million with its 2000 employees.

Headquartered at Altdorf near Nuremberg, Germany, SUSPA is an engineering partner of the automotive, machine tool, furniture, white goods, medical and durable goods industries. In many fields, SUSPA is the consistent innovator and market leader and supports its customers globally with production plants in Germany, Czech Republic, United States, China and India. The change of ownership is seen to safeguard the interest of all stakeholders and will extend the successful development of SUSPA into the future. 

Pascal Vanhalst has been exclusively advised by Ernst & Young as well as Baker McKenzie, Andlinger by Alantra Deutschland GmbH and Shearman & Sterling LLP. 

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