Halder | Ownership Succession and Growth for MidCaps

Halder | Ownership Succession and Growth for MidCaps

Conen

Business
Business equipment for educational institutions
Sales
€37 million (2018)
Holding
2019, MBO/MBI

Established by the Conen family in 1965, the company specializes in outfitting educational institutions like schools and nursery schools in Western Europe, the Middle East and the US.

Technical products for interactive learning form an important business segment, e. g. height-adjustable display mounts. A broad range of furniture products for school and pre-school facilities is the second segment, sold to more than 1,000 longterm clients in its German core market and neighbouring countries. Conen’s deep value chain provides for high product availability and customization, internal logistics cover fast delivery and on-site installation in Germany and cross-border.

Conen’s international business perspective is driven by an increasing digitalization of global education, resulting in double-digit growth rates for interactive displays. As government spending for Germany’s pre-school and school sectors is set to rise significantly, the home market also provides a favorable outlook.

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