Possehl Mittelstandsbeteiligungen GmbH, a subsidiary of Lübeck-based L. Possehl & Co. mbH, has recently acquired 100 % of the ARBAprocessing Group. The company acquisition, however, is still subject to merger control.
The ARBAprocessing Group is a European manufacturer and supplier of vehicle superstructures used in the milk logistics industry (including measurement & control technology and data processing & information technology) as well as receptacles and apparatus made of chromium-nickel alloyed (CrNi) stainless steel, which are used mostly in the milk-processing industry. As a premium supplier, ARBAprocessing holds a leading technological position.
The company supplies its products and solutions to a stable market characterised by medium-sized companies. âWe see opportunities to strengthen the ARBAprocessing Group through further acquisitions in the field of apparatus construction for the food-, pharma- and chemical industryâ?, says Mario Schreiber, Member of the Management Board of L. Possehl & Co. mbH and responsible for the business segment SME Investments.
By acquiring ARBAprocessing, Possehl have consolidated their SME investments and have achieved further growth with revenues increasing to more than 300 million Euro in this business segment.