Successful sale of VGT-DYKO to a German family office

Published in May 2019

A holding company advised by ALLEGRA CAPITAL GmbH successfully sold its portfolio company VGT-DYKO GmbH to a German family office.

The holding company advised by ALLEGRA CAPITAL had acquired VGT-DYKO in 2013 from Vesuvius Group. As a portfolio company, VGT-DYKO was developed to a leading, growing and highly profitable company within the refractory industry.

VGT-DYKO is a leading international provider of high quality, ceramics-based refractories located in Grossalmerode, Germany. The beginnings of VGT-DYKO go back to the year 1887. Today, the company is primarily active in the field of Industrial Products, kiln furniture and monolithics. In addition, VGT-DYKO’s products are used in the waste incineration and glass industry as well as in the chemical and petrochemical industry.

The parties have agreed not to disclose the purchase price.

ALLEGRA CAPITAL GmbH is a German private equity firm founded in 2000. It is active in the acquisition and positive development of companies. Its acquisition focus is on European medium-sized and large corporate divestitures in special situations. After the acquisition, ALLEGRA uses a systematic and long-term approach and is a reputable partner for corporates realigning their portfolio of subsidiaries. Companies are typically each held by specific holding companies, advised by ALLEGRA CAPITAL and are run independently by the management of the acquired companies.