Deal typeTransaction Services
IndustryManufacturing
Client nameM&C TechGroup
MSA Safety Incorporated (NYSE: MSA), a leading global provider of safety equipment and solutions, has acquired M&C TechGroup, a German provider of gas analysis systems. A team from the Deal Advisory division of BDO AG Wirtschaftsprüfungsgesellschaft in Düsseldorf, led by Jan Odewald (Partner Deal Advisiory), compiled a comprehensive financial fact book as part of the sale process and provided advice on operational and financial issues.
Based in Ratingen, Germany, M&C TechGroup specializes in gas sampling, conditioning and process control solutions for various industries, including energy, chemicals and manufacturing.
The acquirer, MSA Safety, headquartered in Cranberry Township, Pennsylvania, has been a pioneer in safety innovation since 1914. The company generated revenue of US$1.8 billion in 2024 and operates in over 40 international locations with more than 5,000 employees.
The transaction, valued at approximately US$200 million, is intended to expand MSA's product offerings in gas detection and analysis. At the same time, M&C is expected to accelerate the growth of MSA's global presence and expand its portfolio of safety solutions.
Based in Ratingen, Germany, M&C TechGroup specializes in gas sampling, conditioning and process control solutions for various industries, including energy, chemicals and manufacturing.
The acquirer, MSA Safety, headquartered in Cranberry Township, Pennsylvania, has been a pioneer in safety innovation since 1914. The company generated revenue of US$1.8 billion in 2024 and operates in over 40 international locations with more than 5,000 employees.
The transaction, valued at approximately US$200 million, is intended to expand MSA's product offerings in gas detection and analysis. At the same time, M&C is expected to accelerate the growth of MSA's global presence and expand its portfolio of safety solutions.
Michael Schramm, CFO of M&C TechGroup, on the collaboration with BDO:
“The M&C management team brought solid prior experience in M&A to the table – but without Jan Odewald's team from BDO, it would not have been realistic to present M&C's financial performance in such a convincing, comprehensive manner in such a short time frame. BDO's work answered a large number of questions from potential investors in advance, which made the overall process much more efficient and helped to bring it to a successful conclusion at a crucial point. We would therefore like to express our sincere thanks to the entire BDO team for their exceptionally good and pleasant cooperation.”