Leading supplier of advanced plastics and rubber process machinery

Deal Facts
  • AGIC invested in KraussMaffei in a consortium in April 2016
  • Exited to in course of the company’s IPO in June 2018

Business Overview

  • Founded in 1838, KraussMaffei is a global leader in the plastics and rubber processing machinery industry with a focus on providing high-end tailor-made products and comprehensive solutions to its customers
  • Providing products and services covering the whole spectrum of injection and reaction molding as well as extrusion technology, serving customers in the automotive, packaging, medical, construction, electrical, electronics and home appliance industries
  • KraussMaffei employs around 4,500 people across more than 30 subsidiaries and 16 production plants, supported by around 570 trade and service partners

Investment Thesis

  • KraussMaffei is an industry leader with dominant market shares in injection molding, extrusion and reaction processing, which are poised to grow in especially emerging economies driven by demand for better plastic and rubber products
  • Asia is one of KraussMaffei’s key markets and major investment destinations; through cooperation with local business partners, there’s significant opportunity of reaching new customers, cross selling and realizing synergies across diverse product lines

AGIC Value Added

  • AGIC helped KraussMaffei identify and approach new customers in Asia and expand faster in high-growth areas, thus further achieving top line growth and improving the company’s profitability
  • Assisted the company in refocusing the business of its China entity thereby doubling revenues over 2.5 years
  • Supported KraussMaffei in enhancing its sales network and aftermarket service channels to ~ 130 locations around the world