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United States $86 Billion Private Equity Firm Warburg Pincus to Buy Majority Stake in Germany Sports & Safety Manufacturer Uvex Group at $942 Million (€800 Million) Valuation, Founded in 1926 by Philipp M. Winter & Company is Led by 3rd-Generation Family Members

2nd July | Hong Kong

United States private equity firm Warburg Pincus ($86 billion AUM) has been reported to be buying a majority stake in Germany sports & safety manufacturer Uvex Group at $942 million (€800 million) valuation.  uvex group was founded in 1926 by Philipp M. Winter, and the company is led by 3rd-generation family members.  Profile – The uvex group brings together four globally active companies under one roof: the uvex safety group (uvex safety, laservision, Heckel, HexArmor), the uvex sports group (uvex sports and ALPINA), the Filtral group (Filtral and Primetta) and the Protecting People GmbH. Founded in 1926, the family-owned company is now being run by the third generation. The headquarters of the globally active group of companies, which comprises 49 subsidiaries in 22 countries, is in Fürth Germany. With over 2,900 employees throughout the world, the uvex group offers innovative, high-quality protection products for sports, leisure and in the workplace. The guiding principle—protecting people—is the mission and the duty of the company. People make our company: their dedication, expertise, ideas and team spirit are the key to success, in line with the “business is people” motto. 60 percent of its 2900 employees (as of FY 2019/20) are employed in Germany.  uvex’s production expertise is based on concentrating on manufacturing facilities in Germany, as well as elsewhere in Europe, the latest technologies, high safety standards and professional quality management. Whether on the slopes or at work, uvex provides reliable protection in any situation. For this reason, the core mission of our company group is protecting people. It unites the two divisions of sports and safety. The safety division benefits from the first-class sporting image of uvex sports, and conversely, products in the sports division are also regarded as particularly safe and innovative owing to the expertise of uvex safety. It enables both workers and sportsmen to reach the winner’s podium by improving their performance, being better and/or simply feeling better. Our products help to knock off those crucial seconds, set trends in their particular areas and make history – on a regular basis. Every day. Throughout the world.

“ United States $86 Billion Private Equity Firm Warburg Pincus to Buy Majority Stake in Germany Sports & Safety Manufacturer Uvex Group at $942 Million (€800 Million) Valuation, Founded in 1926 by Philipp M. Winter & Company is Led by 3rd-Generation Family Members “

 



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United States $86 Billion Private Equity Firm Warburg Pincus to Buy Majority Stake in Germany Sports & Safety Manufacturer Uvex Group at $942 Million (€800 Million) Valuation, Founded in 1926 by Philipp M. Winter & Company is Led by 3rd-Generation Family Members

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