GVG Corporate Finance Advisors advises Erwin Renz Metallwarenfabrik GmbH & Co. KG on the acquisition of a majority stake in CombiPlate AB, Sweden.
Wiesbaden, 7 March 2012
With the strong increase in e-commerce, there is a growing demand to send and deliver packages. Combiplate offers simple, secure and safe deliveries with verified payment transactions. The Company offers an entirely new solution in package distribution, which has a considerably lower environmental impact than the solutions of today, based on a safe and secure package box at residential homes. CombiPlate has invented an intelligent package box, that sends a confirmation equivalent to that of a secure handshake, when the transaction of, both package and payments, has been verified and is completed.
Erwin Renz Metallwarenfabrik GmbH & Co. KG is one of the leading European manufacturers of mailbox systems. RENZ is a proprietor-run business in the best Swabian business tradition. The Company has been serving its customers as a reliable partner for three generations. Over 530 qualified staff use the latest machinery and equipment available to guarantee the highest standards in both production and service. RENZ specialises in customised systems and is able to offer a virtually unlimited number of possible colour, shape and surface combinations - achieving the perfect balance between function and design. GVG Corporate Finance Advisors has acted as exclusive financial advisor to Erwin Renz Metallwarenfabrik GmbH & Co. KG.
GVG Corporate Finance Advisors has acted as exclusive financial advisor to Erwin Renz Metallwarenfabrik GmbH & Co. KG. This is our second transaction for Renz after the acquisition of Me-Fa A/S in 2010.
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