Schönek Group has been acquired by Markus Riegelsberger
Markus Riegelsberger, the Managing Director of Schönek Group, together with another private individual, has acquired 100% of the shares of the group via an MBO. Financial details have not been disclosed.
Schönek Group is a leading manufacturer of high quality rubber, plastic and textile products for the interior and exterior of personal and commercial vehicles.
Markus Riegelsberger has been with the company for more than 20 years and has been responsible for the successful development of the company in recent years.
Oaklins' team in Germany advised the shareholders of the Bavarian Schönek Group in selling the business.
![](/files/styles/hero_image/public/AUTO%20deal%208_0.jpg)
![](/api/deal-party-images/31279/deal-parties.png)
Talk to the deal team
Related deals
MG Cannon has been acquired by Steer Automotive Group
The shareholders of the UK automotive bodyshop repair group MG Cannon have sold the business to Steer Automotive Group.
Learn moreSurface Transforms Plc has completed an equity fundraise
Surface Transforms Plc has completed a fundraising. The funds will support the company’s working capital needs and expand its manufacturing capacity, further strengthening its position in the market.
Learn moreOmnetic, member of EAG Group, has raised growth capital from Kartesia and CVI
EAG Group has completed a first investment round for its Omnetic platform. The company was seeking growth capital of up to US$110 million in order to consolidate the CEE markets and finance its expansion to new geographies. The transaction was closed with Kartesia, the European specialist provider of capital solutions for small- and mid-sized companies, in partnership with CVI, a private debt investor based in Warsaw, Poland.
Learn more