Wuppertal hinge specialist HAKO sells production facility in a sale & lease back transaction

Frankfurt am Main, 07 January 2020 – The Ferd. von Hagen Söhne & Koch GmbH & Co. KG (“HAKO”) has sold its company property in Wuppertal, North Rhine-Westphalia. As part of the transaction, HAKO has leased back the building with a triple net contract and a 10-year term plus four 5-year options.

The site has an area of approx. 14,600 sqm and is developed with four production buildings, an office area, two apartment buildings including one commercial unit and a single commercial unit. The production and manufacturing halls were built between 1902 and 2006 and the total floor space of all buildings amounts to approx. 8,700 sqm.

The buyer is a regional investor based in Haan, North Rhine-Westphalia.

FalkenSteg Real Estate acted as exclusive sell-side financial advisor to the seller.

About Ferd. von Hagen Söhne & Koch GmbH & Co. KG (HAKO)
HAKO is a medium-sized company based in Wuppertal with a company history of more than 175 years. The company specializes in the metal processing/shaping of flap hinges as well as custom-made products for the automotive industry. Robot welding, tube forming and the manufacture of locking and locking systems are new pillars of the company’s activities.


About Falkensteg GmbH
FalkenSteg advises decision makers from European industrial and service companies as well as international investment companies in special situations. With its consulting approach geared to special situations, the consulting specialist stands for recognised implementation competence, operational excellence and close partnership relations at eye level. FalkenSteg supports clients in their turnaround starting with financing projects, real estate management and corporate transactions up to out-of-court reorganisation or restructuring in the context of insolvency proceedings. The FalkenSteg team consists of more than 30 experts in corporate finance, restructuring and real estate.

FalkenSteg has become one of the  leading market players in the area of real estate transactions in special situations.