www.innovacap.com

Rudolf Weinberger Holding GmbH (“RWH"), the parent company of Eisenwerk Sulzau-Werfen R. & E. Weinberger AG (“ESW"), an Austrian roll foundry primarily engaged in the manufacture of high precision steel cylinders , announced on March 4th, 2013 that it acquired a 100% stake in DONAKO S.A. (“DONAKO") from Innova Capital and Zeleznik Industrie Consulting GmbH. DONAKO is a leading independent manufacturer of high precision laminations and special tools for electric generators and large-sized motors. Innova Capital is a top tier mid-market CEE based private equity fund manager. Zeleznik Industrie Consulting GmbH is an investment company owned by Franciszek Zeleznik, DONAKO’s chairman and co-founder.

“The transaction is part of Rudolf Weinberger Holding and ESW’s strategy to grow and expand into new markets and geographies," said ESW’s President Mag. Rudolf Weinberger. “DONAKO fits this strategy because it is highly recognized for its electromagnetic steel processing expertise which is proven by the long-standing relationships with the world’s top energy equipment OEMs."

“I strongly believe that DONAKO with its expertise in energy component manufacturing and highly qualified labor force represents a great entry to Poland for RWH. We recognized very early in that RWH had both the right approach and vision for DONAKO’s future, which led to mutual trust and ultimately closing the deal. I want to thank the management of DONAKO, especially the CEO Lech Wierzchowski, for years of fruitful cooperation and great effort, and wish the management of DONAKO all the best under the new ownership." said Joanna Simonowicz, Managing Director at Innova Capital.

“The current owners have reached the end of their investment cycle after completing a significant investment program and securing revenue growth for the future. This is a very special moment for me. I’ve known DONAKO for all of my professional life as an employee, CEO or owner, and I strongly believe that Rudolf Weinberger Holding with its long-term vision and expertise in metal processing is the right new owner for DONAKO. Welcome to Wroclaw!" said Franciszek Zeleznik, DONAKO’s chairman and co-founder.

DC Advisory and Greenberg Traurig acted as sole financial and legal advisors respectively to Innova Capital and Zeleznik Industrie Consulting GmbH.

Grant Thornton and CMS Reich-Rohrwig Hainz acted as financial and legal advisors respectively to Rudolf Weinberger Holding GmbH.

Visit www.esw.co.at or www.innovacap.com for more information.


About Rudolf Weinberger Holding GmbH Rudolf Weinberger Holding GmbH is the sole owner of Eisenwerk Sulzau-Werfen R. & E. Weinberger AG, an Austrian roll foundry established 1770 and one of world’s leading premium steel cylinder manufacturers. The company is owned by the Weinberger Family since 1899. Eisenwerk Sulzau-Werfen specializes in the production of rolls for plate and hot-strip mills. Please visit www.esw.co.at for more information.

About Innova Capital Innova Capital is a leading mid-market private equity firm in Central Europe. Founded in 1994, Innova Capital has, so far, invested almost EUR 500 million in 40 companies, across 10 countries in the region. In 2010, Innova Capital won the CEE Fund of the Year Award presented by Unquote magazine for its fifth fund Innova/5.Please visit www.innovacap.com for more information.

About Zeleznik Industrie Consulting GmbH Zeleznik Industrie Consulting GmbH is an industrial holding owned by Franciszek Zeleznik, DONAKO’s chairman and co-founder.

About DONAKO S.A. Based in Wroclaw, Poland, DONAKO S.A. is a leading independent manufacturer of high precision laminations and special tools for electric generators and large-sized motors. The company has a long manufacturing history, including being a subsidiary of ABB and Alstom. DONAKO supplies function critical components to leading global OEMs producing generators for renewable and traditional energy sectors including hydro, wind and fossil fuel power plants. DONAKO’s comprehensive offer also comprises welded structures and engineering services for electrical machines. Please visit www.donako.com.pl for more information.


Media Contacts:

Joanna Simonowicz
Innova Capital
direct: +48 22 544 94 00
email: jsimonowicz@innovacap.com

Stefan Bogucki
Grayling
direct: +48 22 536 04 46
mobile: +48 600 891 615
email: stefan.bogucki@grayling.com