Allied Vision Technologies GmbH, a subsidiary of publicly owned Augusta Technologie AG and supplier of products in the area of vision and sensor technology, has acquired all the shares of VDS Vosskühler GmbH. Financial details have not been provided.
VDS Vosskühler, located in Osnabrück, Germany, is specialized in the development and production of highly professional cameras for industrial, medical, traffic and defense applications. Due to the superior quality of its products and its customized production services, the company has become a worldwide solutions provider for well-known large scale enterprises and research institutions.
Jürgen Vosskühler was the sole shareholder of VDS Vosskühler GmbH.
Oaklins' team in Germany initiated the transaction and acted as advisor to the sole shareholder in this transaction.
Jürgen Vosskühler, former shareholder and CEO of VDS Vosskühler GmbH, commented: "25 years ago I founded my company and I've led it ever since. Then in 2010, I decided to plan my succession via a sale process. Due to the fact that this is a very important step for every entrepreneur, there was no question for me to ask for a professional consultant. By choosing Oaklins' team in Germany I found what I was looking for. They did a fantastic job of planning and organizing the entire process. Even in difficult times like in negotiations or in the final minutes before signing, I was always convinced that they were in complete control. Thanks to their long experience of more than 60 years in M&A, due to their superior performance and with their close contacts with other Oaklins' teams abroad, the German team has achieved a very attractive result, which surpassed my expectations.”
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.