Michael Hütten

Manufactures and distributes corded and cordless telephones & smartphones

Gigaset AG (Private Equity) is an active manager with a medium- to long-term investment horizon. The firm specializes in takeovers of distressed subsidiaries, spin-offs of non-core activities, unresolved corporate successions and companies in need of a technological overhaul. Their focus is on telecommunications and accessories. They typically acquire majority stakes in undervalued medium-sized companies in turnaround situations, following a buy-and-build strategy. They take over business management and implement restructuration to promote growth and return to profitability. Gigaset AG (Private Equity) invests primarily in Germany as well as in neighboring European countries, particularly Austria and Switzerland. They also conduct research on companies based in Italy, Spain, France, Great Britain and the US. The firm seeks to identify distressed companies with market potential and a sustainable competitive position. Investment criteria emphasize valuation, as the firm aims to acquire companies at a sufficient discount to absorb restructuration costs and a residual profit. Exit strategies are flexible, include IPOs and sales, and do not exclude holding a portfolio company over the long-term.

Manufactures and distributes liquid dimethyl terephthalate for the polyester industry

Designs, develops, manufactures and distributes landline telephone systems