Callista acquires Rohrwerk Maxhütte

Callista Private Equity GmbH (“Callista”) announces the acquisition of 100% of the shares of Rohrwerk Maxhütte GmbH (“RMH”) as well as its subsidiaries Rohrwerk Maxhütte Polska sp.z.o.o. and Rohrwerk Maxhütte Sisak d.o.o. from Max Aicher GmbH & Co. KG and Max Aicher Foundation.

Rohrwerk Maxhütte is a manufacturer of high-quality seamless steel tubes for the automotive, industrial and energy sectors. In its production site in Sulzbach-Rosenberg, Germany, the company has a total capacity of over 100.000 tons of seamless hot- and cold-finished steel tubes with dimensions between 21.3mm and 139.7mm. Moreover, with its Croatian and Polish site, RMH offers an additional capacity of 17.000 tons for seamless and welded cold-finished steel tubes with dimensions from 4.0mm to 95.0mm to its customers. The product portfolio includes tubes for e.g. roller bearings, ball cages, transmission shafts, camshafts or anti-roll bars for the automotive industry as well as tubes for pressure vessels and several other profiles of tubes.

Altogether, the companies have a total workforce of 580 employees, of which 41 are working in Croatia and 80 in Poland. After being hit by the Covid-19 crisis in 2020, RMH expects to return to pre-Covid figures with revenues of noticeably over 70 Mio. € in 2021. A strong order intake and Q1-2021 figures confirm this plan. Besides an increase in revenues, investments into new equipment, comprehensive rationalization measures as well as a realignment of the raw material supply shall impact the results positively. Callista’s Group experts for procurement, energy management, process excellence and sales will join the task force to support the Companies. Moreover, synergies with Callista’s portfolio company Halo Steelrings will be fostered and an intense exchange between the companies is planned.

Rohrwerk Maxhütte and its subsidiaries increase Callista’s Group turnover to over 380 Mio. € annually and strengthen the Metals Platform. Callista’s goal is to further reinforce its platform strategy through several new acquisitions in the upcoming months as well as organic growth of the existing portfolio.