Warburg Pincus acquires majority stake in uvex group

Warburg Pincus acquires majority stake in uvex group
Banking & Financial Services
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Kerrie Cohen Managing Director, Global Head of Communications & Marketing | Warburg Pincus

The uvex group, a family-owned company known for personal protective and sports equipment, has announced that Warburg Pincus will acquire a majority interest in the firm. The Winter and Grau families, current owners, will retain a significant minority stake and continue to play an active role in the company's growth.

Founded in 1926 by Philipp M. Winter as a manufacturer of protective eyewear, the uvex group has grown into a global leader in safety equipment. Its philosophy, "protecting people," guides its mission to develop products for safety at work, sport, and leisure.

The company is recognized for high-quality products marked by innovation and comfort. With Warburg Pincus as a partner, uvex plans to accelerate its global expansion and refine its premium offerings while exploring new segments. Growth through mergers and acquisitions is also on the agenda.

Michael Winter, Managing Partner and CEO of uvex group stated: “The brand promise ‘protecting people’ has guided us for 100 years. As a fourth-generation family-owned company, we are committed to shaping the next phase of our corporate development with a strong growth partner. Our goal is to further increase the resilience of the uvex group in the future and remain the first choice for our customers. We are confident that we have found such a partner in Warburg Pincus and look forward to a successful collaboration.”

Tobias Weidner from Warburg Pincus added: “Congratulations to the Winter and Grau families for building and leading uvex group over the last 100 years into the strong business and brand it is today. We are excited to partner with them to continue that journey together. We share the uvex group team’s vision to become the global market leader in protecting people through protective equipment."

The completion of this transaction depends on regulatory approvals.

For media inquiries related to this announcement:

uvex group

Dagmar Hugenroth

+49 151 1084 8855

presse@uvex.de

Regina Frauen

+49 160 8855 105

uvex@fgsglobal.com

Warburg Pincus

Alice Gibb

+44 7827 3093 20

alice.gibb@warburgpincus.com

Katharina Gebsattel

+49 172 718 68 57

katharina.gebsattel@warburgpincus.com

More information about uvex can be found at www.uvex-group.com or on LinkedIn.