Founded in 1975 in Vöhringen, Bavaria, SMG Sportplatzmaschinenbau GmbH has positioned itself as a global leader in the development and manufacturing of innovative machinery for the sports industry. The company’s impressive product range includes specialized machines used in varied sports and recreational settings, from playgrounds to elite sports clubs like Real Madrid and FC Bayern Munich. With all development and production conducted in Germany, SMG serves a global clientele of over 1,200 customers, the USA being its largest market. The company recently embarked on an international expansion strategy by partnering with Gimv NV, a private equity firm. Gimv has become the majority shareholder, and together with the existing owners, Tobias and Daniel Owegeser, plans to accelerate SMG’s growth and international reach. This partnership aims to make targeted use of opportunities abroad, leveraging Gimv’s expertise to fuel further expansion. Financial specifics of the deal remain confidential.
Sports Equipment Manufacturing, Private Equity,Germany, United States
https://www.gimv.com/en/news/smg-sportplatzmaschinenbau-gmbh-teams-gimv-further-accelerate-global-expansion