Fidelium Partners has acquired R.E.T. GmbH from the Reiff Group

Established by the Reiff family in 1967, R.E.T. GmbH (RET), headquartered in Reutlingen, manufactures complex elastomer moulded parts with a focus on multi-component composite parts based on elastic and thermoplastic materials for the automotive industry. The customer base includes notable tier-1 suppliers and OEMs.

Manufacturing with the latest Liquid Silicon Rubber (LSR) injection-moulding and free application technologies including fully automated testing and assembly facilities, RET offers a multitude of different technologies for sealing, damping and adhesion. RET operates as a full-service provider, supporting its customers throughout the development phase and is often solely responsible for the entire supply chain including purchasing individual components and raw materials through to the assembly of systems.

Dating back to its family-owned roots, RET stands for values and guiding principles of trust, customer focus and reliability, that are shared with customers who depend on RET as an essential supplier for key automotive safety systems. Opening a new facility in Romania in 2017, RET has been able to accelerate its international outlook and offers RET ample expansion opportunities with up to 20,000m2 of production space.

"Whilst we are proud of the many years of growth that RET has achieved and the establishment of RET as a market leading automotive supplier, we recognize the value of an entrepreneurial partner with a hands-on approach in realizing our strategic ambitions. The entire management team and myself are excited about the acquisition and the opportunity to develop RET in a successful stand-alone future.”, commented Daniel Komenda, Director at RET.

About Fidelium Partners

Fidelium is an internationally oriented private equity firm backed by a number of German business families. Long-term assets of EUR 103 million are available for acquisitions, follow-on investments, and add-ons. Unlike most financial sponsors, we invest in companies that are currently facing significant operational challenges. Growth and stable cash flows are our goal, but rarely in place already. Our objective is to improve the business and secure its long-term growth. Hereby, we focus on the acquisition and development of companies with significant value-creation potential, that can benefit from our operational engagement.

About Reiff Group

Founded in 1910, the REIFF Group distributes technical products and employs a total of 720 employees in five countries with a total of 14 locations. REIFF has established itself as an expert in powertrain, fluid and sealing technology, as well as in rubber and plastic applications, and is one of the top 5 companies in its sector in Germany.

The REIFF Group includes the companies REIFF Technische Produkte with nine locations in Germany, REIFF Technical Products Shanghai/China, Kremer in Wächtersbach (Germany) and Roller with two locations in Belgium and a further location in Luxembourg and Morocco.