TDJ acquires Teamtechnik Production Technology
The Teamtechnik MA Group is a German family company founded in 1976, one of the leaders on the global market in innovative technologies for the production of assembly and testing systems for the automotive, medical and solar industries. The clients include: Volkswagen, Porsche, Daimler, factories of Ferrari and other major OEMs including pure electric vehicle manufacturers, Geely, and Novartis..
The Polish branch of the Group was founded in 2005, in cooperation with the current board members – Jacek Przysada, Ullrich Kästner and Grzegorz Szydełko. Polish Teamtechnik operates from plants located in Skawina and Ostrów Wielkopolski, employing over 250 highly qualified employees. The company is responsible for the client’s design, production and assembly of intelligent production lines, for parts and components in the area of e-mobility and autonomous vehicles. The company is already working on lines for the production of parts for car models that will be on sale in a few years.
The dynamic development of the company is evidenced by the financial results and the growing scale of sales. Over the past 5 years, the company has grown on average 20 percent annually (CAGR), and in 2018 it achieved PLN 103 million in revenues, of which over 80 percent came from export.
– We are very pleased to be able to work with TDJ, which we do not treat as a typical financial investor. TDJ’s extensive competencies will strongly support the implementation of our company’s strategy, especially in the areas of process optimisation, management team development and approach to financial markets. – says Jacek Przysada, president of the board of Polish Teamtechnik PT.
– We have been developing this business for over 40 years. Currently, Teamtechnik employs over 1,000 employees across seven different plants located in Germany, Poland, the USA and China, with 16 service points around the world. We are convinced that we are handing our Polish plants into good hands – to a family business with over 40 years of tradition. This comfort will allow us to focus on the further development of Automotive EOL Test and MedTech sectors. At the same time, we will remain minority shareholder of the Polish Teamtechnik, and will continue to conduct joint business projects – says Stefan Rosskopf, the president of the board of Teamtechnik MA and the current owner of the company.
Stefan Rosskopf will join the Supervisory Board of Teamtechnik PT, and the current board members will remain in their positions.
Teamtechnik PT will expand the TDJ Equity portfolio, which is currently made up of companies listed on the Warsaw Stock Exchange – FAMUR, PGO, Zamet and private companies: FPM and NIUW Glinik.
The TDJ Equity’s strategy is based on investment in companies with a scalable business model, high export and consolidation potential with their own product and brand, operating among others, in the areas of automation, I&C, packaging, food, cosmetics and recycling.