Saxenhammer & Co. Corporate Finance GmbH ("Saxenhammer") acted as the investment banker to Liechtensteinische Post AG for the divestment of newtron AG (“NEWTRON”) to SupplyOn AG ("SupplyOn"). The transaction closed in January 1st, 2017.
NEWTRON, was founded in 1998 is a leading provider of web-based solutions for the optimization of business relations between suppliers and purchasing companies. As the only company in the DACH region, the solutions can offer an integrated approach to digitizing the entire procurement process within its value chain. More than 1,000 client companies and 65,000 suppliers worldwide rely on more than 15 years of process expertise.
SupplyOn AG, a leading provider of supply chain collaboration solutions for the manufacturing industry.
Markus Quicken, CEO of SupplyOn AG, commented on the strategic decision to buy NEWTRON: “By acquiring NEWTRON AG, SupplyOn has strengthened its position as a service provider for the entire range of procurement. SupplyOn has its roots in the procurement of production material. This is a strategically important area of procurement for manufacturing companies with unique requirements not covered by many e-procurement solutions. With the acquisition of NEWTRON, we can now provide our customers and the market with a standardized system to uniformly procure all commodities. This is a future-oriented step that will greatly benefit our customers.”
Michael Bibow, the CEO of NEWTRON, added: “We welcome SupplyOn as our new shareholder. This will provide us with the financial stability and investment security we need to remain on our growth trajectory. As a result, we will continue to be an attractive and reliable business partner for our customers. Our customers will also benefit from SupplyOn's global presence when expanding their global procurement activities.”
Saxenhammer was retained by Liechtensteinische Post AG to execute an international M&A process for the financing and the repositioning of the company.
Other professionals who worked on the transaction include:
• Christoph Pichler and Daniel Risch of Liechtensteinische Post AG
• Matthias Gehrke of Gehrke Zumbroich & Partner, counsel to newtron AG
• Florian Bortfeldt, Dr. Stefan Schuppert, Dr. Volker Geyrhalter, Sabrina Gäbeler, Marion Fischer of Hogan Lovells, counsel to SupplyOn AG
• Torsten Blaschke, Alexandra Pitsch-Jank, Dmitri Soudeikine, Helmut Mendel, Karl-Christopher Erkrath, Christian Klaßen of EY, Advisor to SupplyOn AG
Saxenhammer & Co. Corporate Finance GmbH
is a leading boutique investment bank with over 15 years of experience focused on special situations in Germany and across continental Europe. Saxenhammer & Co. ranks amongst the top firms in this segment. Special situations are the transactions, which are characterized by complexity, speed and creativity. The objects in the transactions include companies, who look for growth opportunities, secession or external financing in crisis, under (preliminary) insolvency, or in neglected industries. The firm’s track record comprises the execution of over 140 successful transactions across all major industries with a success rate of over 90%. With an international reach through partner firms, Saxenhammer & Co. is engaged in cross-border transactions.