Dover Corporation is a multi-billion dollar, global producer of innovative equipment, specialty systems and value-added services for the industrial products, fluid management, engineered systems and electronic technology markets.
Kurz-Kasch is a leading manufacturer of conventional and encapsulated coils and stators, engineered composite components and subassemblies, sensing devices, and high performance solenoids. These devices are used in a variety of industries including aerospace, automotive, electrical control, HVAC, and medical.
After conducting a comprehensive strategic review of its operations in 2006, Dover management decided to divest several business units, including Kurz-Kasch.
Ameridan was engaged by Monomoy Capital Partners to conduct strategic and competitive due-diligence. Ameridan’s work focused on assessing the state of Kurz-Kasch’s overall relationships with its key customers.
The project examined (1) major customers’ purchase expectations for 2007-2008, including the main assumptions/drivers of their expectations and underlying risks; (2) the stickiness of key customer relationships in light of switching costs, qualification processes, competitor abilities and other issues; and (3) the interplay between changing regulatory standards/technology and the likely effects on the Company’s medium-term sales.
The engagement was successfully completed in November, 2006.
Monomoy Capital Partners acquired Kurz-Kasch on February 28, 2007.