EQT Private Equity, together with its co-shareholders, sells BBS Automation to MDAX-listed Dürr Group.
Under EQT’s ownership, BBS has transformed from a founder-led organization to a global leader in end-to-end factory automation solutions with full digital capabilities.
EQT Private Equity partnered with Josef Wildgruber in May 2018 and acquired a majority stake in BBS with a joint vision to build a leading global platform for factory automation. During EQT’s ownership, BBS has more than doubled its sales to over €300m today.
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Since EQT entered, the Company has more than doubled its revenues, significantly expanded its global site footprint, and complemented organic growth with four add-on acquisitions.
As part of Dürr Group, BBS will continue its growth journey under the leadership of Josef Wildgruber.
Source: EQT Group
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