VDT Vakuumdichttechnik GmbH sells major parts of its assets to Maldaner GmbH

At the turn of the year 2021/2022, VDT Vakuumdichttechnik GmbH (VDT) sold the operational business of the company in an asset deal to Maldaner GmbH (Maldaner), a German subsidiary of UK-based Ultraseal International, a leading global provider of impregnation services, including porosity sealants. Ultraseal International is a subsidiary of US-based Quaker Houghton, a global leader in industrial process fluids. Living-stone supported VDT and its shareholders in the sale as exclusive M&A advisor. The parties have agreed to maintain confidentiality regarding the key terms of the transaction.

VDT, based in Monheim am Rhein, Germany, is a developer and manufacturer of impregnating resins for porous metal parts and other non-metallic components. The company is active in resin development and international resin trading, as well as in contract impregnation. Within its job-shop in Monheim, VDT uses self-developed impregnation resins for impregnating components such as die castings, pipe connections or other sintered parts in a wide range of industries, especially in the automotive industry.

Maldaner GmbH, based in Langenfeld near Düsseldorf, Germany, is a pioneer in the sealing and impregnation of porous metallic components. With several contract impregnation operations nationwide, the company is a leading provider of contract impregnation services in Germany. In addition, Maldaner is a national and international distributor of IMP branded impregnation resins and a designer and manufacturer of impregnation equipment.

Maldaner is acquiring the majority of the assets of VDT and thus its operational business, including all employees, patents, trademarks, and customer relationships, as part of an asset deal. VDT’s existing services are predominantly to be concentrated at Maldaner’s headquarters in neighboring Langenfeld within the next few months. The shareholder-managers of VDT will continue to support Maldaner in an advisory role for a certain transitional period and accompany the integration process.

Gabriele Glücks, shareholder of VDT, commented, “I am convinced that the sale of the operational business including the main assets of VDT to Maldaner and thus the integration into Ultraseal International as well as the larger Quaker Houghton is the right step for a successful future, especially for our employees and customers.”

“We are pleased that we were able to successfully accompany the Glücks family and VDT in a competitive international process and are convinced that with Maldaner, a strong and very experienced acquirer prevailed in the end,” added Johannes Faber, Partner at Livingstone in Düsseldorf.

Livingstone deal teams had previously advised on the successful succession solution of “Internationale Metall IMPrägnier GmbH” (IMP) as well as the successful sale of the material assets of Maldaner GmbH to the UK-based Norman Hay Group.