DZ Equity Partner GmbH and the management team jointly acquired 100% of the equity of Titan Alu-minium Feinguß GmbH (TITAL®). TITAL is one of the leading suppliers of investment casting products in titanium and aluminium alloys in Europe.
From its headquarters in Bestwig, TITAL supplies complex parts that meet the highest demand with regards to quality, dimensional accuracy and mechanical properties to its worldwide customer base. Target industries are primarily the aerospace, defence, industrial and medical systems as well as Formula 1 racing and general motor sport. In 2005, TITAL generated about € 33 million in turnover employing more than 350 people. With 8 representative offices worldwide the company is well positioned to support its customers not only in Germany but also abroad.
TITAL expects the business to further follow a sound growth path in the years to come. With the acquisition of TITAL, DZ Equity Partner aims to support the development of the company by providing the capital for its future growth plans.
DZ Equity Partner GmbH is a wholly owned subsidiary of DZ Bank AG – the fifth largest bank in Germany. It is the central bank for 1,100 Volksbanken and Raiffeisenbanken and the leading cooperative commercial bank in Germany. DZ BANK can therefore call on the experiences of over 100 years of history. DZ Equity has a more than 20 years experience in private equity for medium sized and owner operated companies in Germany. DZ Equity invests in direct equity participations as well as in mezzanine financing for German medium size companies. DZ Equity manages a volume of € 550 million and a portfolio of over 40 companies.