Balda

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Balda Aktiengesellschaft

logo
legal form Corporation
founding 1908
Seat Bad Oeynhausen , North Rhine-Westphalia
Number of employees 789 (June 30, 2015)
sales 85.4 million euros (2014/15)
Branch Plastics processing

The listed Balda Group, based in Bad Oeynhausen in East Westphalia, was a manufacturer of plastic components for medical devices and electronic products.

2016 Balda AG sold its operations to the Italian Stevanato group and remained as a shell company . It was then renamed Clere AG and started a new business in the field of renewable energies .

history

The Balda Matic II from 1959/1960

Foundation as a camera manufacturer

Balda was founded in 1908 by Max Baldeweg as a company for the manufacture of cameras in Dresden . After the Second World War , the company moved its headquarters to East Westphalia. The production of cameras ended in the 1980s due to competition from the Far East. Balda concentrated on the manufacture of plastic parts.

The company from 1994 to 2016

Since 1994 Balda has mainly produced for telecommunications , automotive and medical technology . In 2000, a 35,000 square meter production facility was built in the Bad Oeynhausen district of Wulferdingsen .

The Balda AG share has been traded on the Frankfurt Stock Exchange since 1999. Initially listed on the Neuer Markt, it was listed on the SDAX until June 23, 2008 . From March 4, 2010 to September 22, 2014, the share was again listed in the SDAX.

In 2002 Balda Medical GmbH & Co. KG was founded. At the beginning of 2007 the subsidiaries Balda Heinze GmbH & Co. KG, HeRo Galvanotechnik GmbH and Sächsische Metall- und Kunststoffveredelungs GmbH, based in Germany, were sold to Hanse Industriekapital-Beteiligungs GmbH , based in Hamburg. At the end of 2007 it became known that Balda Solutions Deutschland GmbH and Balda Werkzeugbau were also to be sold. When the sale to Aurelius AG failed at the beginning of 2008, Balda had to buy back its two subsidiaries at short notice. In May 2008 the sale succeeded, again to Hanse Industriekapital-Beteiligungs GmbH.

With effect from December 1, 2011, Balda sold the companies of the former MobileCom segment as part of a management buy-out, thus ending the last loss-making involvement in the mobile communications sector.

In the summer of 2006, the company gained access to touch screen technology through a stake in TPK Holding (Xiamen, China) . The stake in TPK Holding was gradually reduced later. In February 2012, through the sale of 20 million shares, the stake was reduced from 16.1 to 7.6%; the sales proceeds amounted to 238 million euros.

In the 2011 financial year, the company generated consolidated sales of EUR 66.3 million. At the end of 2013, Balda had 1178 employees worldwide, the majority of them in the Electronic Products segment in Malaysia. The group employed 217 people in Germany.

In 2012 Balda Medical acquired C. Brewer Co. and HK Plastics Engineering with four locations in the USA.

On September 23, 2015 Balda AG announced that the entire operational business with the subsidiaries Balda Medical GmbH & Co. KG and Balda Solutions Malaysia Sdn. Wanting to sell Bhd. On February 4, 2016, the takeover offer of the Stevanato Group, which had recently offered 95 million euros, came into play among several interested parties.

Successor company

The shell of Balda AG was renamed Clere AG on April 8, 2016 ; the successor company is now active in the field of renewable energies .

At the end of 2018, the medical business was brought under the Stevanato umbrella to the newly founded Stevanato Germany GmbH , which was subsequently renamed Balda Medical GmbH .

Segments

The Balda Group's business was divided into two areas:

Medical technology

The subject was the development and manufacture of plastic products for the pharmaceutical, diagnostics and medical technology market segments.

Electronic Products

Balda developed and produced electronic products in this segment. Customers were manufacturers and sales companies of communication and entertainment electronics.

Shareholder structure

Balda AG's shareholdings at the end of January 2014 were distributed as follows:

  • 29.43 percent Elector GmbH, Berlin, Germany
  • 04.88 percent TPG Opportunities / Augustus, Fort Worth / Texas, USA via Octavian Special Master Fund, LP, Grand Cayman, Cayman Islands
  • 02.95 percent Point Lobos Capital, Wilmington / Delaware, USA
  • 02.79 percent Indaba Capital Fund, San Francisco / California, USA
  • 59.95 percent free float

Key figures

year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Sales
in € million 		60.0 160.3 158.6 198.4 272.9 377.7 397.2 157.4 257.4 283.9 138.96 141.4
Surplus / deficit
in € million 		0.3 13.6 1.1 4.6 11.6 28.0 33.4 −15.4 −8.4 −14.2 46.4 94.4
Employee 1 624 1,628 1,980 2,919 3,599 5,532 8,044 6.131 7,218 4,861 4,505 2,455

As of December 31, 2010

1 At least until 2007 including temporary workers, temporary workers and trainees

Individual evidence

  1. ↑ a b Balda Group Annual Report 2014/15 (PDF) accessed on December 1, 2015
  2. ↑ Frankfurter Allgemeine Sonntagszeitung , March 9, 2008, p. 55
  3. ↑ Balda in financial difficulties . Heise Newsticker, March 5, 2008; Retrieved August 12, 2013
  4. ↑ Balda sells German cell phone case business for the second time . Heise Newsticker, May 13, 2008; Retrieved August 12, 2013
  5. ^ EQS Group AG, Munich, Germany: Balda AG: Balda accepts takeover offer from Stevanato Group - dgap.de. In: www.dgap.de. Retrieved May 2, 2016 .
  6. ^ EQS Group AG, Munich, Germany: Balda AG: Balda AG becomes Clere AG - dgap.de. In: www.dgap.de. Retrieved May 2, 2016 .
  7. ↑ Merger: Balda Medical Verwaltungsgesellschaft mbH - Managing Directors: Stefan Holtkamp, ​​Lars-Oliver Pfannschmidt . Commercial register announcement of November 12, 2018, HRB 136005.
  8. ↑ Commercial register entry HRB 16274, Bad Oeynhausen district court
  9. ^ Annual reports (1999–2010) of Balda AG

Coordinates: 52 ° 14 ′ 35 "  N , 8 ° 44 ′ 44"  E