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LPP Leiterplatten Pfullingen sold to Tecnomaster Group
MP Corporate Finance acted as exclusive financial advisor to the owners of LPP Leiterplatten Pfullingen in the sale to Italian Tecnomaster Group. Tecnomaster acquired LPP out of insolvency.
Due to a tight schedule resulting from LPP’s precarious situation, MP and its partners strived for a fast and efficient, though nevertheless structured process and were able to close the transaction within 2 months after signing the mandate agreement.
LPP is a leading manufacturer of printed circuit boards, based in Pfullingen near Stuttgart in Germany. The company produces a variety of PCBs, including double-sided-, multilayer- and high frequency control boards. LPP also offers layout and prototyping services, as well as realization of special applications, crafting PCBs with 75µm 4×4 mountings.
Headquartered in Pavia di Udine in Northern Italy, Tecnomaster Group is the result of the integration of Tecnomaster SpA, Corona SpA, SOS Electronic Engineering and Technomaster International. The group ranks among the top providers of printed circuit boards, capable of meeting also large bulk orders of its very diverse range of customers. Tecnomaster serves clients from various industries, including aviation & defence, automotive, medical, and power generation.
The owners and insolvency administrator sold LPP to Tecnomaster Group
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