Target Funds Starts Trading

Investors of the RWB may forward on the sale of the Italian carrier Microtecnica. The Italian carrier Microtecnica was sold by the RWB target fund Stirling square. Once the antitrust authorities agree the EUR 330 million deal, is the strategic sale in Goodrich – also an Italian company Aviation – signed and sealed. Microtecnica was founded in 1929 in Northern Italy and is one of the world’s largest independent supplier to the global aviation and aerospace industry. Including drive, hydraulics and control systems for aircraft and helicopters are in the wide product range of the company. About EADS, the NASA and Eurocopter are among the major buyers of products. Both in the new Airbus A380 as well in the international space station ISS and the ARIANE 5 rockets solutions by Microtecnica are processed.

The British private equity fund Stirling square is located since 2010 in the portfolio of the RWB. Since its inception in 2002 Stirling square Europe already has two funds 15 Target companies financed and managed around EUR 735 million. During the entire three-year holding period Microtecnica was in the portfolio by Stirling square flying high: sales increased by almost a third, the EBITDA is tripled. These successes are based on the Stirling square capital strategy, which included, for example, a restructuring of the operational business and to increase spending for research and development. The RWB global market fund international III and IV are involved in Stirling square with a total of EUR 5 million.

The RWB AG is a specialist for private equity investments of RWB AG. Founded in 1999, is one of the first initiators, which have made available to exclusive investment programs of the private equity a broad investing public. With over 100 international fund investments in numerous States and on five continents the RWB AG now belongs to the most experienced roof fund investors of in Germany. The RWB AG is managed by its owners and bank-independent.