€10 Million Mezzanine Financing for Wöhner Group

BayBG increases investment in specialist for innovative energy distribution and control technology

Munich / Rödental, March 28, 2023. BayBG Bayerische Beteiligungsgesellschaft has increased its mezzanine investment (silent partnership) in Wöhner Industries Holding GmbH & Co. KG, Coburg, in which it has been invested for more than 30 years, to €10 million. With its business areas metal production, plastics manufacturing, electrical engineering and electronics, Wöhner Industries Holding is a specialist in innovative energy distribution as well as automation and control technology. The additional equity will enable the company to seize market opportunities driven by major economic megatrends such as digitalization, e-mobility and the energy transition.

As these developments continue to unfold, the global demand for secure and efficient energy distribution systems is increasing. Founded in 1929, the Wöhner Group today employs around 860 people and has been offering pioneering solutions in the field of energy distribution and control technology for nearly 100 years. In particular, Wöhner has set industry standards in busbar technology as a quality and innovation leader with more than 100 patents. Revenue, which reached around €170 million in 2022, continues to grow, and the company remains on a stable growth trajectory.

Frank Wöhner, owner and CEO of the traditional family-owned company, commented:
“The long-standing cooperation with BayBG has proven successful and has contributed to our long-term success. For our next phase of growth, we are once again relying on BayBG as a financing partner. With the additional mezzanine capital, we can continue our expansion strategy in a solid, reliable and resilient manner.”

Alois Bösl, Head of BayBG’s “Bayern Nord” division, added:
“In the context of the energy transition, Wöhner’s secure and efficient busbar systems are becoming increasingly important in many industries, including automation technology, building automation and renewable energy. We are delighted to support the continued growth of this forward-looking and resource-efficient company with our renewed investment.”