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30. October 2014

Sealing expert KACO with a new shareholder structure

The Zhongding Group China has acquired a controlling share of KACO GmbH + Co. KG, Heilbronn from the brazilian-based Sabo group – the transaction is subject to the fulfillment of various requirements as well as the approval of the Federal Cartel Office. The acquisition includes an 80% shareholding in the parent company and the foreign subsidiaries of the KACO group. In the course of this transaction Sabo USA Inc. will be acquired as well and will be included in the group as KACO USA. The previous sole shareholder, Sabo, will retain a 20% shareholding.

The Zhongding group comprises of five business units: “Sealing”, “Rubber & Plastic”, “Fluid Handling”, “Metal” und “Power”. The KACO group will be included in the „Sealing“ unit. Anhui Zhongding Sealing Parts Co., Ltd represents the Sealing business unit and is a public stock company, listed in Shanghai and Shenzhen. The Zhongding group has 13 thousand employees around the world and a total turnover of more than US$ 1,3 billions. The Zhongding group supplies leading premium OEMs including Volkswagen, BMW, Toyota, GM, Ford, Chrysler, Nissan and Tier 1s such as Mann + Hummel, Continental and ZFLS. With a stock equity exceeding 50% in 2013, Anhui Zhongding Sealing Parts Co., Ltd. is well funded and is able to provide a solid foundation for KACO’s future success.

The Kaco group will be integrated in the organization as an independent unit and under the leadership of the ZD Holding Europe which is registered in Austria. However, the head office of the KACO group will remain in Heilbronn, Germany.  Zhongding will continue to trust in the current management team and structure. Markus Schwerdtfeger (Managing Director Technical and Commercial) is positive about the response with customers, suppliers and financial partners. „With our new majority shareholder and the integration of Sabo USA into the KACO group we improve our prospects on the international markets. The ZhongDing Group provides us with further financial strength and stability to prove even more successful on a global level. “ Richard Ongherth (Managing Director Manufacturing and Process): „ With our state-of-the-art production technology throughout the entire vertical integration we will be able to offer a significant contribution to the further development of the entire group.“

For further information, please refer to

www.zhongdinggroup.com

www.kaco.de

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KACO GmbH + Co. KG Dichtungstechnik

Besucheranschrift:
Daimlerstraße 5
74912 Kirchardt / Germany
Tel.: +49 (0) 7266/9130-0
Fax: +49 (0) 7266/9130-1386

info@kaco.de

Lieferanschrift:
Industriestraße 19
74912 Kirchardt / Germany
Tel.: +49 (0) 7266/9130-0
Fax: +49 (0) 7266/9130-1386

Sie haben Fragen rund um den Vertrieb?
Dann schreiben Sie Ihr Anliegen einfach an folgende E-Mail-Adresse: sales@kaco.de 

Sie haben Fragen rund um den Einkauf?
Dann schreiben Sie Ihr Anliegen einfach an folgende E-Mail-Adresse: purchasing@kaco.de

KACO GmbH + Co. KG Dichtungstechnik

Visitor address:
Daimlerstraße 5
74912 Kirchardt / Germany
Tel.: +49 (0) 7266/9130-0
Fax: +49 (0) 7266/9130-1386

info@kaco.de

Delivery address:
Industriestraße 19
74912 Kirchardt / Germany
Tel.: +49 (0) 7266/9130-0
Fax: +49 (0) 7266/9130-1386

Do you have questions about sales?
Then simply write your request to the following e-mail address: sales@kaco.de 

Do you have questions about purchasing?
Then simply write your request to the following e-mail address: purchasing@kaco.de