High-Tech Gruenderfonds sold its shares in Weimar, Germany-based MinCell GmbH under a buyback operation.
The operation was technology based and carried out without external M&A consulting. According to a written note, the exit enables MinCell to build its first foam glass production plant with MinCell technology.
Founded in in 2010 by Klaus Dvorak (CTO) and Joachim Koch, PhD (CEO), MinCell developed methods for the production of foam glass granulate and slabs for structural and civil engineering as well as lightweight aggregates for road and landscape construction.
FinSMEs
22/09/2014