Continued European expansion with
the acquisition of Kronenberg
“With BMA’s expertise, we have reached another significant milestone in our growth strategy to strengthen our position in the European market. For the second time, their ability to identify the ideal partner and provide comprehensive advisory support throughout the purchase agreement negotiations has been instrumental in the successful completion of this transaction.”
Etienne Laude
Executive Board Member & M&A Director, SICAME
Sicame, a French industrial company, has specialized in products & services related to transport and distribution of electrical energy, renewables, electro-mobility, safety equipment and industrial applications. Headquartered in France, the Group operates in 26 countries across 5 continents through 50 companies, distributing its products in 157 countries.
As part of Sicame’s strategic growth plan for the German market, the group is further strengthening its market presence through the acquisition of another German company.
With the acquisition of Kronenberg Freileitungsarmaturen GmbH, Sicame will strengthen its presence in Germany and further solidify its position across Europe. This strategic move will expand Sicame's product portfolio of DIN-standard fittings and hardware solutions while enhancing its technical expertise. Kronenberg, a mid-sized industrial company with over a century of experience, specializes in the development, manufacturing, and supply of fittings for low-, medium-, and high-voltage applications, serving the critical market of energy transmission and distribution operators.
Joining the Sicame Group will enable Kronenberg to further develop its product range, increase production capacity, and drive sales growth through the Group’s strong international network.
The BMA team is proud to have supported this milestone transaction. A key success factor was identifying the ideal partner to support Sicame Group’s expansion in Germany while providing comprehensive advisory services and strategic guidance throughout the purchase agreement negotiations.
SICAME Group
Electrical & Energy
Acquisition of 100% of the shares of Kronenberg Freileitungsarmaturen GmbH
M&A Buy-Side Advisory