With the foundation of the GCI FinancialServices AG and the sale of about 90% of the shares of Weserbank AG in 2006, the financial service business line of the GCI Management Group was strategically realigned.
Vantargis AG, Munich
The Vantargis AG, which was founded in spring 2007, is a key element of the future financial services business line. As one of the core companies of the financial services line, through its subsidiaries Vantargis AG will offer intelligent, capital-market-orientated financing solutions for small and medium sized businesses and investors. With the help and support of strategic partners, the financial services offering for the German “Mittelstand” should be extended and leasing solutions should be offered from within the GCI Management Group. Besides providing a broadened customer base of small and medium sized companies this shall also be an ideal platform for further organical growth and potential acquisitions and thus be a further step of GCI Management AG to become a fully-fledged investment house for small and medium sized businesses.
To this end Vantargis AG has signed a contract for acquiring 100% of the shares of OCF Beratungsgesellschaft mbH, based in Kelkheim/Ts. This contract shall be executed in July 2007. In 2006 the OCF Group has provided a financing volume of approx. € 15 million to German small and medium sized companies, mainly through leasing and instalment purchase contracts. In the first quarter of 2007 new business of about € 10 million could already be acquired. Besides its customer base of more than 100 companies the OCF Group is an ideal platform for future growth and acquisitions of Vantargis AG and the GCI Management Group.
Vantargis AG Homepage
The affiliates of Vantargis AG:
Langer & Partner Gesellschaft für Investionsgüterleasing mbH, Kelkheim