Overview

• Warburg Pincus will acquire a majority stake in the nearly centennial Uvex Group, with the transaction pending customary regulatory approvals.
• Founding Winter and Grau families will retain significant minority shares and continue to influence the company’s strategic direction.
• Uvex posted €666 million in revenue for fiscal 2023/24, a 1.7 percent increase year-on-year, with over 80 percent of sales generated by its work-safety division.
• The partnership is designed to accelerate Uvex’s international expansion, diversify its product portfolio and open new business fields.
• Uvex’s sports equipment unit saw sales decline by 9.3 percent in 2023/24, reinforcing its pivot toward industrial safety and targeted acquisitions.