H&Z advises Hannover Finanz on the investment in PEAK Technology conducting the commercial due diligence
Hannover Finanz acquires a significant minority stake as part of growth financing – founder and managing director Dieter Grebner retains majority stake.
Press release
H&Z Unternehmensberatung AG supported Hannover Finanz with a team from its M&A Advisory division, utilising its expertise and network in the aerospace industry. The advisory services included commercial due diligence. Read more here.
Robert Pauli, Managing Partner of Hannover Finanz, comments:
“We are delighted to be able to support PEAK Technology, a company with great technical expertise and innovative strength, in its growth and further development of existing corporate goals. PEAK Technology supplies almost all European aerospace players with high-pressure vessels, which the company develops itself. Following the manufacture of prototypes, the company is now looking to scale up production. As the number of satellites in space is expected to multiply by 2030 and Europe plans to reduce its dependence on non-European companies, there is great potential for growth in this market. We are providing the necessary resources for the company to position itself strategically for success”
Dieter Grebner, CEO and founder of PEAK Technology, emphasises:
“The space technology sector has grown strongly in recent years. PEAK Technology's increasing order situation confirms that we recognised this growth potential early on and responded to it. We are very pleased to have found a strong partner in Hannover Finanz who will support us in further expanding our business. This growth financing not only signals confidence in our vision but also in our expertise. It is a clear sign that we are an integral part of the space industry. Together with Hannover Finanz, we can now shape a future that not only promotes the growth of our company, but also the advancement of technology”
About PEAK Technology
PEAK Technology, based in Holzhausen/Wels, Austria, has in recent years specialised in the development and production of high-pressure tanks and lightweight structures for launch vehicles and satellites. The company also brings its expertise and experience with lightweight components to motorsport. PEAK Technology has been a reliable partner of all Formula 1 teams and other racing series such as Formula E for 15 years. PEAK Technology will use the financing primarily to make technology investments and drive sales growth in the space sector.
About H&Z
H&Z Unternehmensberatung stands for consulting with head, heart and hand. We offer more than successful strategy development. Our experts design, manage and accompany transformation processes with measurable results. Through this unique consulting approach, H&Z ensures sustainable results for international corporations and leading medium-sized companies. Our focus is on Strategy & Performance, Procurement, Transformation & Sustainability for Aerospace & Defense, Automotive, Rail, Energy, MedTech, Financial Services, and Private Equity. The H&Z Group is part of the Transformation Alliance - an association of independent European strategy and management consultancies with more than 1.000 consultants and 20 offices worldwide. In 2023, H&Z was awarded for three consecutive years Hidden Champion among all management consultancies, as well as Top Consultant.
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Dr. Markus Contzen
Partner Private Equity, M&A Advisory
Sascha Tagliaferri
M&A Advisory
Eduardo Bellido
M&A Advisory