We feel like a SITTING DUCK on the markets.
MBB Industries is a German-based private equity firm specializing in acquisitions of established medium-sized industrial companies. The Company makes investments in companies seeking to sell off a part of the company, or the entire operation, perhaps as part of a succession process; selling a subdivision or an affiliated company that no longer forms part of the organization's core business; and seeking for a management buyout or buy-in.
Market: Frankfurt
www.mbb.com/
Gain over the quarter: +44 %
Fair value: 99 €
Discount: 10%
Average yearly return: 57%
Yield: 1.2%
Outperformer
On February 27, 2017:
Subsidiary Aumann AG plans IPO
Aumann plans listing on prime standard of Frankfurt stock
exchange during first half of 2017 as well as a capital increase
with primary proceeds of around 60 million euros to finance expected growth
Planned secondary offering by MBB should allow for a free
float of 40-47 pct ; MBB will remain majority shareholder
Subsidiary Aumann AG plans IPO
Aumann plans listing on prime standard of Frankfurt stock
exchange during first half of 2017 as well as a capital increase
with primary proceeds of around 60 million euros to finance expected growth
Planned secondary offering by MBB should allow for a free
float of 40-47 pct ; MBB will remain majority shareholder
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