BELGRAVIA & CO. exclusively advised a holding company advised by ALLEGRA CAPITAL GmbH (“ALLEGRA CAPITAL”, www.allegracapital.com) on the sale of 100% of the shares of VGT-DYKO GmbH (“VGT-DYKO”, www.vgt-dyko.com) to a German family office.
VGT-DYKO is a leading international provider of high quality, ceramics-based refractories located in Grossalmerode, Germany. The beginnings of VGT-DYKO go back to the year 1887. Today, with its around 90 employees, the company is primarily active in the field of Industrial Products (IP), kiln furniture and monolithics. In addition, VGT-DYKO’s products are used in the waste incineration and glass industry as well as in the chemical and petrochemical industry.
A holding company advised by ALLEGRA CAPITAL had acquired VGT-DYKO in 2013 from Vesuvius Group. As a portfolio company of ALLEGRA CAPITAL, VGT-DYKO was developed to a leading, growing and highly profitable company within the refractory industry.
The parties have agreed not to disclose the purchase price.
The team of BELGRAVIA & CO. consisted of Dr. Björn Röper (Project Lead Partner), Dr. Hans Christian Zanders (Partner) and Gennaro Ippolito (Executive).