GT GasTech
The company
In the five years since its founding, GT GasTech GmbH has established itself as a reliable supplier in the field of gas supply. Originally conceived as a niche supplier in the field of medical gas production and supply, managing partner Danny Ludwig skillfully exploited the market opportunities that arose during the "Sodastream" boom. Annual growth rates of over 30% were the result of this strategic orientation.
The project
The enormous growth presented the managing partner with a crucial dilemma. The company's success was accompanied by ever-increasing demands on the corporate organization and, more importantly, continued to limit the valuable time available to the young father. Therefore, a structured sales process was initiated to find a buyer who would not only pay the highest possible purchase price, but also provide relief in the management of the company.
The process
Rosemont, London, Witten. An international billion-dollar company meets a German SME. Or proof that you have to think big when it comes to sales processes. At the end of an international bidding process, the ideal buyer was found in the Culligan Group, the global market leader in drinking water treatment. The sale process was supervised on behalf of WESTFALENFINANZ by Mr. Schulten and Dr. Music. Despite extensive due diligence, which was carried out on the buyer's side by the world's most renowned M&A firms, the entire process was completed in well under a year and exceeded the seller's expectations. Mr. Ludwig will continue to manage the company as managing director and expand the German and European carbon dioxide business within the Culligan Group.
