Sale of Frauenthal Powertrain through a management buy-out

Sale of Frauenthal Powertrain through management buy-out

The Frauenthal Group has sold Frauenthal Powertrain – a business unit of the Frauenthal Automotive Division – through a management buy-out. The related contract was signed today.

Frauenthal Powertrain produces forged connecting rods and balancing shafts in Plettenberg, Germany, and contributed MEUR 86.4 to Group revenue in 2021. The buyer is m3 holding GmbH, which is owned in equal shares by Michael Ostermann (until November 18, 2022, member of the Frauenthal Holding Executive Board and responsible for the Frauenthal Automotive division), Mustafa Oualkadi (CEO and managing director of Frauenthal Powertrain), and Marc Schneider (CFO and managing director of Frauenthal Powertrain). In the current situation, Frauenthal Powertrain is better positioned as an independent, medium-sized company because it can act more flexibly and individually. The management buyout ensures continuity.

About the Frauenthal Group:
Listed on the Vienna Stock Exchange, the Frauenthal Group is a conglomerate with two divisions, Frauenthal Automotive and Frauenthal Handel. Frauenthal Automotive is a market and technology leader, as well as a development partner to the European commercial vehicle and passenger car industries, and produces pressed and welded metal components (Frauenthal Gnotec) and compressed air tanks (Frauenthal Airtank) at six sites in four European countries, one in China and one in the USA.


About Frauenthal Powertrain:
Frauenthal Powertrain is a leader in the production of forged connecting rods and balancer shafts, with its production site in Plettenberg (D) and a sales office in the USA. Its key customers include all the major European car and truck manufacturers, as well as vehicle manufacturers from Asia and the USA. Frauenthal Powertrain is owned by m3 holding GmbH.


Read more about the sale here