Target Westiform Germany GmbH
Deal Type Mergers & Acquisitions
Buyer the Joseph Group
Transaction Description

Westiform Germany GmbH based in Ortenberg, Baden-Wirttemberg, is specialized in the production of custom illuminated advertising elements and challenging large-format advertising installations. The most well-known reference projects of the company include Germany’s largest illuminated signage installed on the BOSCH parking building spanning the A8 autobahn at Stuttgart airport and the large format advertising installation at Munich airport. In addition, Westiform, with its workforce of more than 100 employees, manufactures technical plastic parts for the consumer goods and the caravan industries.

The Joseph Group, a leading global strategic player, was able to prevail over other national and international bidders in the course of an international M&A process. With over 1,800 employees and more than 1 million illuminated and largeformat advertising installations installed worldwide, the Joseph Group based in Dubai, UAE, counts among the global leaders in the field of illuminated advertising and large format graphics. Its business activities, which have so far been concentrated on the Middle East and Africa, have now – with the acquisition of Westiform Germany GmbH — been extended to target the German and European market. The reputed brand, the complementary product portfolios, the broad and longstanding customer base, the highly-qualitied workforce and the production and installation capacity at the Ortenberg location, put the Joseph Group on an excellent footing to expand into the attractive European market.

Industry Sector
ICFG Office

ICFG Germany assists in the sale of Westiform Germany GmbH to the Joseph Group

Transaction Details

The Joseph Group with its headquarters in Dubai (UAE) acquires Westiform Germany GmbH in Ortenberg. The entire acquisition process was accompanied by our German member Wintergerst Societät für Unternehmer – Beratung within the framework of an international competitive bidding process.