HEDRICH is opening a new chapter in the company's history!

Berndorf AG acquires Hedrich Group, the global market leader in vacuum systems engineering, from Evoco

July 10, 2026, Ehringshausen / Berndorf / Zurich: Evoco, a private equity firm based in Switzerland, is selling all of its shares in HEDRICH GmbH ("Hedrich Group") to Berndorf AG, a family-owned industrial holding company from Austria.

With this acquisition, Berndorf AG is taking the next step in implementing its strategy to increase its engagement in global, innovation-driven growth markets, gaining another "Hidden Champion" for its network of specialized industrial companies. The Hedrich Group, headquartered in Ehringshausen, Germany, is a global leader in vacuum systems engineering, particularly in impregnation and processing for the transformer and electrical industries. Under Evoco's ownership, the Hedrich Group has consistently expanded its technological leadership, strengthened its international presence, and grown its service and aftermarket business.

In Berndorf AG, Hedrich has found a long-term oriented owner. The family-owned group, headquartered in Berndorf (Lower Austria), considers itself a dynamic network of technologically leading industrial companies - and traditionally values the independence of its subsidiaries.

For Hedrich, the change of ownership means one thing above all: continuity. The wellestablished management team at the Ehringshausen (Hesse, Germany) headquarters will continue to lead the company without any changes, and customers and partners will retain their familiar points of contact. Together, Berndorf and Hedrich intend to further expand their
international growth, the service business, and their technological leadership.

Franz Viehböck, CEO of Berndorf AG, is convinced that the new addition will integrate perfectly into the Berndorf Group: "As a medium-sized enterprise, Hedrich has been able to
establish a top position worldwide in a high-tech niche. The acquisition gives us the opportunity to strengthen our commitment to the global growth market for energy transmission and conversion."

Holger Zimmermann, CEO of the Hedrich Group, adds: "I am very pleased that we have found a shareholder in Berndorf AG whose orientation and values perfectly match those of the Hedrich Group. The Hedrich management is convinced that belonging to this strong industrial holding company opens up further development opportunities for us and will allow us to continue our growth trajectory."

Felix Ackermann, Founding Partner of Evoco AG, comments: "Together with the management, Hedrich has developed excellently and is benefiting from the worldwide expansion of power grids. In the Berndorf Group, the company has found a strong, long-term,
family-owned owner that ensures continuity, investment power, and independence - in the best interest of all stakeholders."

About the Hedrich Group
Founded in 1963 and based in Ehringshausen, the Hedrich Group develops and manufactures vacuum impregnation and casting equipment as well as process technology for the transformer, electrical, and composite materials industries. The company employs around 270 people at locations in Germany, Switzerland, the USA, India, and China. Further information: www.hedrich.com

About Berndorf AG
The Berndorf Group, based in Berndorf (Lower Austria), unites various companies operating worldwide in the fields of metal processing, toolmaking, and mechanical engineering. Familyowned since 1988, the group relies on consistent customer orientation and a global market presence. Worldwide, it employs around 2,300 people in more than 20 countries, generating an annual turnover of approximately 600 million euros. Further information: www.berndorf.at

About Evoco AG
Evoco is an independent, partner-led private equity firm based in Zurich, specializing in majority stakes in the European mid-market. Its focus lies in acquiring companies and corporate portfolios in the industrial and technology, B2B services, healthcare, and consumer goods sectors. Since 2012, Evoco has invested in over 30 companies. Further information: www.evocope.com

(official press release)