Kapital 1852 strengthens hospitality furniture provider MAY for the future
The investment firm Kapital 1852 acquired a majority interest in H. May GmbH & Co. KG (in future May Design GmbH, "MAY"). MAY is a leading supplier of hospitality furniture with locations in Lehrte and Hamburg. With its wide range of products, MAY offers seating and tables for indoor and outdoor use in restaurants and hotels, as well as for offices and companies in the healthcare sector. The company serves over 2,000 active customers annually with a commitment to high design expertise and quality. MAY is ideally positioned to meet increasing customer demands for product design and quality; its broad customer base and attractive product range serve as the basis for its accelerated growth potential.
Managing shareholder Jens-Uve May is also convinced of the company's sustainably successful positioning and will therefore continue to hold a significant stake in MAY in the future. "In Kapital 1852 we have found a reliable, entrepreneurial and long-term oriented partner with whom we want to develop the company into the market leader in Germany and a strong player in Europe. In doing so, our common drive is to set standards in the industry through our high attention to detail and quality," says Jens-Uve May.
"We are delighted to have Jens-Uve May as our partner, a successful and experienced entrepreneur who has known the industry over a long period of time and has developed a deep understanding of the products and customer groups. Going forward, we will actively support the MAY team in implementing the various internal and external growth initiatives. In order to achieve our common goals, we will initially invest primarily in the organization and digitalization of MAY's corporate processes," adds Eberhard von Strenge, Partner at Kapital 1852.
Sancovia supported the buyer with the financial due diligence.