Founded in 1938 in Moosburg and after 86 years as a family-owned business, the successful and profitable DRIESCHER group, headquartered in Moosburg a.d. Isar, has a new majority owner: IK Partners.
After careful consideration and a thorough selection process, supported by Lincoln International and Hogan Lovells, the Driescher family made the decision to secure the company’s future proactively. This move ensures that DRIESCHER is well-positioned for sustainable and future-proof growth. The family views this step as a part of responsible corporate governance, actively shaping the future of the business.
The Driescher family will remain involved as co-owners and advisors, ensuring continuity while the company retains its name. All four locations in Germany (Moosburg and Eisleben) and the Czech Republic (Brno and Zichovice) will maintain their organizational structures and jobs, with plans for further strengthening and expansion in the coming years. The current management teams will remain in place, guaranteeing stability and consistency within the organization.
For the Driescher family, it was crucial to find an investor who shares their values and vision, prioritizing customer and employee satisfaction. They also sought expertise to drive further growth in an expanding market and strengthen the company’s excellent market position. IK Partners emerged as the ideal choice due to its deep understanding of technology-driven businesses, cultural alignment, and visionary approach.
With an enhanced capital structure and planned investments, DRIESCHER’s growth goals can now be accelerated. This will facilitate achieving existing targets faster, seizing new opportunities, and entering additional markets. The strengthened foundation will support DRIESCHER’s international expansion and global presence, fueled by continuous product innovation and potential acquisitions. These efforts lay the groundwork for DRIESCHER’s pivotal role in shaping a sustainable energy transition.
Details of the transaction remain confidential, and its completion is subject to regulatory approval, expected by the end of the year.
Statements from Key Stakeholders
Doris and Christoph Driescher, family shareholders of DRIESCHER:
“With over 85 years of history, we are proud of the legacy built by our grandfather, our fathers, and DRIESCHER’s dedicated employees. Together with the management team, we look forward to collaborating with IK to guide DRIESCHER into the next phase of its successful development. IK has convinced us with its expertise, shared values, and vision for our company, making this the right step in our succession planning.”
Frank Hegenbart and Thomas Lehner, Managing Directors of DRIESCHER:
“Our leadership team is very excited about the partnership with IK. We are confident that, with the knowledge and expertise of our employees and the support of the IK team, we will continue our path of sustainable growth, offering technologically advanced products and excellent service to our expanding customer base.”
Anders Petersson, Managing Partner at IK Partners:
“We are grateful to the family shareholders for their trust in IK as a new partner and look forward to working with the management team to shape the next phase of DRIESCHER’s development. DRIESCHER is ideally positioned for growth, driven by long-term market trends such as the need to modernize aging power grid infrastructure, facilitate connections for new renewable energy sources, and expand capacity to meet rising electricity demand.”
About IK Partners
IK Partners is a European private equity firm focused on investments in the Benelux, DACH, France, Nordic, and UK regions. Since 1989, IK has raised over €17 billion and invested in 195 European companies. IK works with businesses with strong potential, partnering with management teams and investors to create robust, well-positioned companies with excellent long-term prospects. Learn more at ikpartners.com.
About DRIESCHER
Headquartered in Moosburg, DRIESCHER is a leading German provider of high-quality switching devices and systems for energy grids. Renowned for innovative technology, flexibility in meeting customer needs, and top-quality standards, DRIESCHER has become a leader in its industry. Learn more at driescher.de.