LEWA
Country: Germany
Region: Baden-Wurttemberg
Investors: Quadriga Capital
Financial investment combined with industry know-how helped unlock the full potential of German pump and pumping systems group LEWA.
Following its investment in 2005, Quadriga Capital brought in new management, reorganised the group’s product portfolio, established a plan for future growth and put in place various operational excellence initiatives. As well as improving the company internally, Quadriga Capital set about expanding it internationally through overseas sales initiatives, such as the acquisition of a sales company in the US, and a joint venture in China. Japan’s Nikkiso Group bought the company 2009 and has since supported LEWA’s ongoing development.
Bernd Stütz
former CEO - LEWA
LEWA is a role-model how to transfer a small-scale local business into a global group.
15%
annual sales increase to over €140m
20%
increase in R&D spend
What did the business need?
Strong team to succeed family management
Financial support and expertise for international expansion
Stronger sales team for previously engineering-focused company
Vision to unlock company potential through innovation
How did private equity backing create lasting value?
Improved aftermarket sales and services
Streamlined product portfolio and put in place innovation programmes
Established new sales strategies and targeted the US and China
Set up the LEWA academy for employees in order to boost operational excellence
Brought in new management
Reduced working capital requirements
What outcomes did private equity investment achieve?
Increased R&D spend by 20%
Reached 90 countries through 15 global subsidiaries, an increase of more than 35%
Increased sales by average 15% a year to over €140m
Grew profits by an average of 20% a year
Increased employment numbers by over 6%
Investors
