Change of control at SERO GmbH & Co. KG

SERO has reached a substantial growth over the past years. Maintaining this growth rate is one of our major business goals for the future.

To realize our forecasted long term growth we need to invest in new production space within the next two years outside our actual real estate. With the Deutsche Beteiligungs AG (DBAG) we found a strong partner willing to invest in SERO´s future by taking over with the management team together all shares of SERO from the owner family.

Mr. Armin Schröder, has decided to resign as CEO and shareholder of SERO to be focused on his family and his family holding in the future.

All remaining members of the actual SERO management team are strongly committed to write the next chapter of the SERO success story together with our business associates and our new partners from Deutsche Beteiligungs AG.

Closing of the transaction is expected for mid of November and subject to the approval of the European Monopolies and Merger Commission.

During the next months we will have intense discussions with our business associates about the future extension of our actual business model with the clear goal to start the first actions already within our new business year 2018/2019.

In our new owner structure we will illustrate that the balance between adherence to history and investment into new ideas will lead us into a successful mutual beneficial future and will help us to master the upcoming challenges.

We would like to thank our business associates for their trust in our company in the past and assure them our reliable partnership for a mutual successful future.

Official announcement of Deutsche Beteiligungs AG

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