Altendorf Group
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Altendorf Group - overview
Established
1906
Location
-, -, Germany
Primary Industry
Industrial Machinery
About
Wilhelm Altendorf GmbH & Co. KG is a manufacturer specializing in high-quality woodworking machinery, particularly format saws and edge banding machines, catering to professionals in the woodworking industry. Founded in 1906, Wilhelm Altendorf GmbH & Co. KG operates from Minden, Germany, producing advanced machinery for the woodworking sector.
The company has engaged in three significant deals, with the most recent in October 2017 when Avedon Capital Partners acquired a majority stake. As of October 2025, the company's CEO is Matthias Picker. The Altendorf Group's offerings include precision-engineered format saws and Hebrock edge banding machines tailored for various woodworking applications. Their products cater to professional craftsmen, carpenters, and furniture manufacturers, ensuring efficient processing of solid wood, plastics, and aluminum.
The company's machinery is primarily distributed in Europe, North America, and Asia, serving a diverse international customer base. In 2019, Wilhelm Altendorf GmbH & Co. KG reported a revenue of USD 57. 68 mn and an EBITDA of USD 3.
03 mn, generated through direct sales of machinery and related services to the woodworking industry. Wilhelm Altendorf GmbH & Co. KG plans to leverage recent funding from the majority stake acquisition by Avedon Capital Partners in October 2017 to develop new product lines and expand into new geographic markets. The company aims to design and launch innovative woodworking machinery while targeting increased presence in emerging markets in Asia and North America by 2023.
Current Investors
Avedon Capital Partners
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Wood/Hard Products
Website
www.altendorf.de
Verticals
Manufacturing
Total Amount Raised
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Altendorf Group - financials
| Fiscal Year Ended | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 61,303,630.7 | 54,369,477.9 | 37,148,668.9 | 42,285,363.2 | 42,251,906.5 | 35,032,705.2 | 31,617,933 | 34,867,156.9 | 38,476,824.8 | 38,121,039.9 | - | - | - |
| % Revenue Growth (YoY) | - | (11.3%) | (31.7%) | 13.8% | (0.1%) | (17.1%) | (9.7%) | 10.3% | 10.4% | (0.9%) | - | - | - |
| EBITDA (USD) | 6,008,951.8 | 2,954,383.6 | (1,016,438.3) | 1,695,630.8 | 734,151.3 | 107,363.9 | 1,175,128.8 | 2,829,904.5 | 3,281,563.7 | 4,573,119.5 | - | - | - |
| Operating Income (USD) | 4,069,591.2 | 1,321,520.2 | (2,344,478.7) | 616,967.4 | (164,835.8) | (643,403.3) | 514,703.4 | 1,850,021 | 2,522,919 | 3,880,089.8 | - | - | - |
| Operating Margin | 6.6% | 2.4% | (6.3%) | 1.5% | (0.4%) | (1.8%) | 1.6% | 5.3% | 6.6% | 10.2% | - | - | - |
| % EBITDA Margin | 9.8% | 5.4% | (2.7%) | 4.0% | 1.7% | 0.3% | 3.7% | 8.1% | 8.5% | 12.0% | - | - | - |
| NET Income (USD) | 2,019,868.8 | (306,157.3) | (339,303.7) | (742,766.1) | (1,489,222.4) | (1,463,427.2) | (361,888.5) | 1,037,633.7 | 1,694,114.3 | 3,025,877.5 | - | - | - |
| % Net Margin | 3.3% | (0.6%) | (0.9%) | (1.8%) | (3.5%) | (4.2%) | (1.1%) | 3.0% | 4.4% | 7.9% | - | - | - |
Altendorf Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Hebrock | - | ||||||||
| Add-on | Completed | Ebm Erich Büchele Maschinenbau GmbH | - | ||||||||
| Buyout | Completed | Altendorf Group | - | ||||||||
| Sale to Management | Completed | Altendorf Group | - | ||||||||
| Growth | Completed | Altendorf Group | - |
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Altendorf Group - employee data
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