Ventegis Capital AG: Press release of FCPR Demeter 2 and ECO Investors Germany GmbH
(firmenpresse) - Ventegis Capital AG / Key word(s): Enterprise/
Ventegis Capital AG: Press release of FCPR Demeter 2 and ECO Investors
Germany GmbH
DGAP-Media / 16.06.2011 / 12:16
Schnell Motoren AG a leading manufacturer of CHP plants secures growth
financing from Demeter 2 and ECO Investors - First investment of ECO
Investors a venture capital fund dedicated for cleantech companies in
Germany
One of the leading German manufacturers of CHP plants, the company SCHNELL
Motoren AG, has just completed a financing round that will allow its
development for the years to come:
The venture capital fund DEMETER 2 and ECO Investors have made public their
joint investment of EUR 10 M in the company SCHNELL Motoren AG, an
operation in which the venture capital fund DEMETER 2 is lead investor.
This funding will allow the company to continue its development
particularly abroad.
'We are pleased to have found in ECO Investor and DEMETER Partners two
investors specializing in the renewable energy sector, 'says Hans Jürgen
SCHNELL, SCHNELL Motoren AG CEO. We are convinced that the time is right to
commit ourselves in the area of decentralized generation of renewable
energy. Our investors share this vision and we look forward to our future
cooperation. '
Since the early 90s, the company SCHNELL prevailed in the biogas sector in
Germany. Today the company holds the leadership in the production and
marketing of dual fuel engines for decentralized power generation. Because
of its physical and thermodynamic properties, Dual Fuel technology is
particularly suitable for combustion of lean gases (biogas, mine gas,
landfill gas). SCHNELL modules are characterized by very good electrical
efficiency and by the flexibility in the acceptance of the variety of
quality inputs.
Michel Leistenschneider, Investment Director at Demeter Partners Berlin:
'The quality of their performance and the flexibility of their use make the
engines of company particularly well suited to take a central role in the
promising market of decentralized production of renewable electricity.
After a remarkable success in Germany, our investment in the company
provides strong support for the international development projects of
SCHNELL Motoren AG.
Dr. Stephan Beyer, Managing Partner of ECO Investors adds: 'ECO Investors
is an investment fund specializing in environmental technologies and
renewable energies in the German market. We are supporting leading
technology companies with sustainable venture capital for growth financing.
Our aim is to invest into minority stakes. SCHNELL Motoren AG has
demonstrated through its advanced technology and its interest in suiting
the needs of users that it could successfully address the international
markets. With SCHNELL, we could identify, for the first investment of our
fund, a company that perfectly reflects our strategy. '
Advisors to the investors: Karla Gubalke GÖRG Rechtsanwälte (Legal), Georg
Dukek, Dr. Maren Graefe, Dr. Stephen A. Hecht, Prof. Dr. Claus Hertford,
P.W.C. Hamburg, (Financial and Tax Due Diligence)
Advisors to the company: Dr. Dagmar Knigge: Heussen Rechtsanwälte (Legal)
About SCHNELL MOTOREN AG:
Throughout its existence, SCHNELL has already provided more than 1,500
customers in Germany and abroad. More than 2,500 SCHNELL engines are now
operating in over 20 countries on four continents. SCHNELL built engines
with capacities ranging from 40 KW to 1.2MW (electrical performance).
The company has an experience of over 20 years in the planning and
construction of small cogeneration plants; the main markets are consumers
and farmers. An important element of the degree of customer satisfaction is
the after sales service, to which management attaches particular
importance. The company headquarters is located in AMTZELL in
Baden-Württemberg. It has two commercial branches: One in Rodewald in Lower
Saxony (near Hannover) and the other in Bruntal, Czech Republic.
About DEMETER PARTNERS:
Demeter Partners, an independent management company founded in 2005,
manages two equity funds totaling EUR 310 million, dedicated to SMEs in
eco-industries (water, waste, air, soil ...) and eco-energies (renewable
energies , Energy efficiency, green buildings, clean transportation ...)
located mainly in France, Germany and Spain. Through the Funds it manages,
Demeter Partners takes substantial minority participations which allow it
to establish a close relationship with the executive team and to offer them
the support of an experts' network, research organizations and government
agencies that surround it. Demeter Partners Funds are sponsored by CDC and
IFP New Energy and subscribed by some twenty French and foreign
institutional investors. The company currently has offices in Paris, Berlin
and Madrid.
About ECO INVESTORS, GERMANY:
Eco Investors, created at the initiative of VENTEGIS Capital AG, is an
investment fund specializing in environmental technologies and renewable
energy. ECO Investors, based in Berlin, invests in technology companies
wishing to develop their portfolio and / or expand internationally. ECO
Investors is active in the German speaking countries.
Contacts
SCHNELL Motoren AG
Frau Kerstin Mohr
Assistent to the CEO
Postfach 11 52
D-88277 Amtzell
Tel.: +49 7520 9661-802
k.mohr(at)schnellmotor.de
www.schnellmotor.de
ECO Investors
Dr. Stephan Beyer
Managing Partner
Kurfürstendamm 119
D-10711 Berlin
Tel: +49 30 890 21 180
sbeyer(at)eco-investors.de
www.eco-investors.de
DEMETER Partners
Michel Leistenschneider
Investment Director
7/ 9 rue de la Boetie
F-75008 Paris
Tel + 49 30 890 68 296 8
michel.leistenschneider(at)demeter-partners.com
www.demeter-partners.com
End of Media Release
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Language: English
Company: Ventegis Capital AG
Kurfürstendamm 119
10711 Berlin
Deutschland
Phone: 030-89 021 180
Fax: 030-89 021 189
E-mail: info(at)ventegis-capital.de
Internet: www.ventegis-capital.de
ISIN: DE0003304333
WKN: 330433
Listed: Freiverkehr in Berlin; Open Market in Frankfurt
End of News DGAP-Media
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128783 16.06.2011
Datum: 16.06.2011 - 12:16 Uhr
Sprache: Deutsch
News-ID 34400
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