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  • Leadec is the leading service specialist for the factories across the entire life cycle and related infrastructure. For almost 60 years industrial enterprises across the globe rely on Leadec’s know-how concerning complex processes in smart factories, e-mobility, and sustainable production and infrastructure.
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    Leadec is the leading service specialist for the factories across the entire life cycle and related infrastructure. For almost 60 years industrial enterprises across the globe rely on Leadec’s know-how concerning complex processes in smart factories, e-mobility, and sustainable production and infrastructure.

Leadec overview

  • Sales: around 830 million euro (fiscal year: 2020)
  • Number of sites: more than 300 in 14 countries
  • Employees: around 18,000
  • Customers: more than 100
  • Contracts: 7,600
  • Legal form: BV & Co. KG
  • Headquarters: Stuttgart, Germany
  • Board of Management: Markus Glaser-Gallion (CEO), Christian Geißler (CFO), Markus Hucko (COO)
Since 2016 Leadec has been owned by Triton.

Leadec as a part of the Triton portfolio

Triton is an international investment firm, founded in 1997. The company seeks to contribute to building better businesses for the longer term through partnership. Triton invests in medium-sized businesses with management located in Europe that fall within the Industrial, Business Services and Consumer/Health sectors. Triton funds’ approximately 100 investors include, among others, pension funds, sovereign wealth funds, insurance companies and endowments. Triton includes environmental, social and governance criteria into investment considerations and decision-making processes which help to capture long-term value. Since its founding, Triton has completed more than 60 investments and supported more than 260 acquisitions.

 

For further information: www.triton-partners.com/portfolio/leadec 

Key highlights

  1.  Global leader as service specialist with portfolio along the entire life cycle of the factory and its corresponding infrastructure
  2.  Ideally positioned to benefit from ongoing outsourcing trends
  3.  Blue-chip customers with high renewal rates and increasing share of wallet
  4.  Proven business model resilience with highly diversified, recurring revenues
  5.  Strong track record of continuous operational excellence and improvement
  6.  Asset-light, highly cash-generating financial profile with flexible cost base
  7.  Experienced management team with entrepreneurial, incentive-driven culture

Vision

We are the leading service specialist for the factory of today and tomorrow.

Our comprehensive knowledge of the production processes and equipment in the manufacturing industry which we have gained over decades is the basis for our smart services for smart factories. We are firmly established in the automotive industry. Now it is time for us to utilize our expertise to capture general industries as well.

By 2022 we will have built up a strong platform for our digital growth, have sound and scalable business models for our balanced customer portfolio in mature and growth markets and be among the most attractive employers in our industry.

Christian Geißler, CFO Leadec

Leadec is now a stand-alone company, with a strong track record in automotive, but diversifying and growing in manufacturing industries such as aerospace, white goods and consumer goods.

Our strategy "Becoming Leading Edge"

“Becoming Leading Edge” – that is what our strategy is called. To become leading edge, we will have to grow profitably and professionalize our processes. For this purpose, the strategy is based on the following four pillars.

1. Focusing on our core services

Leadec offers a dedicated portfolio of ten core services for the manufacturing industry, along the life cycle of the factory and its corresponding infrastructure:

  • Production Planning & Optimization
  • Automation
  • Production IT
  • Electrical and Mechanical Installation
  • Relocation
  • Production Equipment Maintenance
  • Technical Cleaning
  • Technical Facility Management
  • Infrastructural Facility Management
  • Logistics

We will develop these service lines further globally with the aim of offering our core services equally in all regions. We increasingly want to integrate digital applications and business models.

2. Expanding into manufacturing industries

The automotive industry will remain our home. But we are now strong enough to scale our successful recipe into adjacent markets. Related manufacturing industries such as aerospace or white goods offer great opportunities for increasing the share of new industries to over 30 percent. This means that we will have a more balanced customer portfolio, allowing us to benefit from opportunities outside the automotive industry:

  • Aerospace 
  • Consumer goods
  • Food & beverage
  • Line & machine building
  • Off-highway vehicles
  • Wheel and tire producers
3. Growing with the markets

Europe is our main market. Despite being a mature market, it still offers us many opportunities for expansion. This is where we want to continue to grow. In addition, we will particularly focus on Asia and America where we also expect strong growth because of the high investment in production plant and equipment.

4. Organization

We invest in our own infrastructure and will combine our business processes in one system, providing us with real-time data, also on mobile devices. We will thus have common KPIs that not only show the past but also allow us to proactively control our business. We will not work harder but smarter by continuously improving our processes. If we manage to improve our productivity at our more than 300 sites, we will be more competitive.

Leadec's digitalization strategy

Leadec approaches digitization in its entirety using three steps:

 

  1. The fundamental modernization of the own IT infrastructure
  2. The harmonization and digitization of the own core business processes including the touch point with the customer
  3. Value-creating digital services and new business models.

Factory of the future


The most important milestones in our history

  • 1962: Founding of the company (Kesselreinigungsgesellschaft Reichenberger & Co.) in Munich, Germany. Core activities: technical cleaning and maintenance
  • 1985: Company renamed Deutsche Industriewartung GmbH & Co. KG (DIW)
  • 2000: Voith acquires DIW and establishes the division Voith Industrial Services
  • 2005: Expansion into America through the acquisition of Premier Group, Cincinnati, USA
  • 2006: Majority takeover of Hörmann Industrietechnik, Kirchseeon, Germany
  • 2009: Expansion into Asia through the establishment of company in China
  • 2013: Takeover of ThyssenKrupp Services in UK
  • 2016: Voith Industrial Services is purchased by private equity firm Triton
  • 2017: Voith Industrial Services becomes Leadec
  • 2018: Focus on core portfolio by sale of Veltec business (process industry)
  • 2019: Integration of the engineering business unit of IPO.Plan, Leonberg, Germany (now IPO.Log)
  • 2020: Acquisitions in Germany: IVG Göhringer, Holzgerlingen, and Precis Maschinen und Anlagen Service GmbH, Brandenburg
  • 2020: Acquisition of Diversified Automation (DA), Louisville, KY, USA
  • Until today: Focus on the manufacturing industry, expansion of the technical portfolio through acquisitions

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