FEP Fahrzeugelektrik Pirna

Specialist connectors for the automotive industry

 

Company

FEP Fahrzeugelektrik Pirna (FEP) develops, produces and sells specialist electric plugs, connectors, Switches and plastic housings for the automotive industry. The company was founded in 1949 in Pirna, near Dresden, and  became an important supplier for connectors ans switches during the era of the German Democratic Republic (East Germany). Following its privatisation in 1992, with its product range, customer Focus and international reach, FEP became a leading supplier to the automotive industry. FEP's success was build on high levels of innovation, product quality and deliverability as well as its efficient production processes.

Initial Situation

In December 2006 Borromin acquired a majority stake in FEP in a secondary MBO. The transaction structure enabled FEP Managers to increase their shareholding and therefore provide them with an increased participation in the company's success.

Corporate Development

During the investment period Borromin worked closely with the company and encouraged management to continue its growth strategy and, amongst other things, supported the:

  • Expansion of the production capacity in Pirna
  • Establishment of a production facility in China
  • Successful defense of the effects of the automotive crisis 2008/2009


Im November 2011 Borromin sold its shares to the American Amphenol Group, a global manufacturer of connectors.