Merger Vision advised on selling of a 25% share in LUKOV Plast spol. s r.o., a TIER 1 supplier of plastic injection parts
- Plastic components
- Target company
- LUKOV Plast spol. s r.o.
- Member of the top management of the company
- LUKOV Plast Holding, s.r.o. (founding family)
- Our role
- Advisory to seller
- Transaction size
The founding family of LUKOV Plast spol. s r.o. became 100% shareholder of the company via acquiring 25% share from a company’s top management member.
LUKOV Plast is a successful TIER 1 supplier of plastic components to the global automotive industry and other sectors. Its core activities include developing and producing plastic, technical, and electrical components. The main customers are the leading car manufacturers from Volkswagen Group (Škoda, VW, Audi, Porsche, Seat) and global automotive component suppliers such as Grupo Antolin, Johnson Controls, and MAGNA, or DENSO. In a year preceding the transaction, the company reported revenues of 17 mil. EUR and a staff of 160.
Merger Vision acted as an exclusive M&A advisor to the seller.
As a shareholder and production director of LUKOV Plast, I had the ambition to transform our company faster after we built a brand-new production facility under my management. However, with my 25% stake, I could not effectively enforce critical strategic decisions in the family business, so I considered options on how I could sell my stake. Merger Vision informed me about the specifics of selling a minority stake. I, therefore, decided to engage their advisory team to negotiate with the founding family, which led to a successful sale.