Mergers & acquisitions and divestitures are usually exceptional events in the lives of affected companies or families. Often, they are complex and challenging. In many phases of such transactions, proper support pays big dividends. Get the M&A experts of Freitag & Co on board.
The shareholders of DEKOM Group sold 100% to an investor consortium including VR Equitypartner, Süd Beteiligungen, and the management team.
The owners of ownCloud sold 100% of their shares to Kiteworks.
Müller - Die lila Logistik acquires Sigloch Group. Sigloch is one of the leading logistics service providers in the book and media sector in Germany and offers e-fulfillment, retail logistics, as well as e-commerce solutions in Germany and the Czech Republic. In 2021, Sigloch Group generated sales of €66 million with 700 employees. The purchase price of €43 million and related investments in automation and digitalization are financed by €50 million bank debt.
OeTTINGER sells its Gotha brewery, the largest brewery in Thuringia, to Paulaner.
svt, a portfolio company of Ergon Capital, acquires Technical Fire Safety Group.
KJK Capital sells all shares in Leader 96 to The Rohatyn Group. Leader 96 is the leading European e-bike manufacturer.
Pfisterer Group sells its Rail division to Knill Energy. The Rail division is leading manufacturer of rail infrastructure products for the overhead line sector.
Pfisterer Group sells all shares in LAPP Insulators Group to PHI Industrial. LAPP is leading manufacturer of high-voltage ceramic insulators.
The shareholder of WEC Turmbau Emden sold its shares to Bettels Group. WEC is a leading supplier of concrete towers for wind turbines and other complex precast concrete components. Historically, the Company was exclusive supplier of concrete towers to ENERCON.
Freitag & Co advised the seller.
The owners of DataVision sell 100% of their shares to Ricoh.
DataVision is German market leader in conference room and enterprise collaboration solutions. Through this acquisition, Ricoh becomes one of the largest AV & workplace integrators.
Battery Ventures launches a transatlantic voluntary tender offer on EASY SOFTWARE for €11.50 per share in cash. The implied market value of the offer is €74 million.
American Axle, (NYSE: AXL), U.S. automotive supplier with $6 billion revenues, acquires Mitec, global market leader in automotive propulsion technology, out of insolvency.
Peter Döhle Schifffahrts-KG and Ernst Russ Group sell their equity participations in HAMMONIA Reederei GmbH & Co. KG of 62.74% to Ness, Risan & Partners, Norway, and former owners of Containerships Group, Finland.
The private equity firm KJK Capital acquires Elan, a Slovenian manufacturer of skis, sailing yachts and composite components for the wind industry. Elan is one of the world's most renown ski brands. Freitag & Co advised the sellers Merrill Lynch International and VR Capital on this M&A transaction.
Controlling shareholder Ian Hannam and other investors sell MKM Mansfelder Kupfer & Messing GmbH to the KME Group for an enterprise value of €255 million. The merger of KME and MKM creates the largest manufacturer of primary and semi-finished copper products worldwide. Freitag & Co advised and supported the sellers as well as MKM in the successful implementation of the transaction.
Icahn Enterprises sells automotive supplier Federal-Mogul to Tenneco for $5.4 billion. The purchase price consists of cash ($800 million) and Tenneco shares (29.5 million shares). XMS Capital Partner and Freitag & Co jointly advised Icahn Enterprises on the transaction.
The City of Hamburg and the State of Schleswig-Holstein sell their joint state bank. A consortium led by the investment firm Cerberus from New York and the American investor J. Christopher Flowers acquire HSH Nordbank for €1 billion. Freitag & Co acted as M&A advisor to Cerberus.
The Kirschey Family sells CENTA – world market leader for flexible couplings – and associated real estate to Rexnord at a valuation of approximately €150 million.
Jason Industries sells Janesville Acoustics Europe to Quartuar in a management buy-out as part of its restructuring.
Accuride, the US supplier of automotive components owned by Crestview Partners, acquires German mefro wheels from the Fischbacher Family. mefro wheels is a leading manufacturer of steel wheels with revenues of about €400 million.
The owners of nie wieder bohren ag sell 100% of their shares to Tesa SE, a subsidiary of Beiersdorf AG.
nie wieder bohren is a market leading developer and manufacturer of innovative adhesive systems for industrial and consumer applications.
Freitag & Co advises a concert group of the largest shareholders of gategroup (enterprise value €1.9 billion) on the sale of their shares, including the offer by HNA.
freenet AG acquires a 23.83% share in Sunrise Communications, the second largest telecommunications provider in Switzerland, from CVC Capital Partners. The purchase price amounts to CHF 782 million. Freitag & Co advised freenet on M&A and related tactical issues.
Avtotehna sells its subsidiary Swatycomet to U.S. WeilerCorporation.
funktel acquires the security communications business from Funkwerk.
Fair Friend Group of Taiwan acquires MAG Group for €230 million. MAG is the world market leader for turnkey engine production systems for the automotive sector with annual sales of €474 million. Freitag & Co advised MAG and successfully completed the transaction as a result of a highly competitive process.
The Schaffitzel Family sells Hohenloher Spezialmöbelwerk Group, the leading manufacturer of furniture for the natural science education sector, to WALDNER Group.
Dürr AG launches a tender offer on HOMAG AG for €26.35 cash per share. The enterprise value of the transaction is €508 million.
AEG Power Solutions sells its subsidiary skytron energy GmbH to First Solar, Inc. In 2012, skytron energy GmbH generated revenues of €29 million.
KETTLER extends its €15 million debt and evaluates the sale / increase of equity.
The Vossloh Family sells a 23% stake in the public market for €210 million.
Korian S.A. announces its intention to launch a public tender offer on Curanum AG for €2.50 cash per share. The enterprise value of the transaction is €270 million.
Imtech N.V. sells Deutsche van Rietschoten & Houwens GmbH to Obermark Value (SCA) SICAR.
The Voronin Family sells Dental Complex, #1 in Russian orthodontics distribution, to Danaher.
PARAGON PARTNERS sells PAKi Pooling Partners to Faber Halbertsma Groep.
PAKi is European leader in the management of open pool load carriers.
elexis AG receives a public tender offer from SMS GmbH. An increased offer values elexis AG at €194 million. Freitag & Co advises the Supervisory Board and issued a fairness opinion.
Bilfinger Berger completes the anti-trust mandated sale of MCE Energietechnik GmbH to LK Holding GmbH.
Primacom AG, a leading German cable network operator, sells its cable networks in Aachen and Wiesbaden to Unitymedia Hessen GmbH & Co. KG for €49 million.
SKion GmbH acquires 20% in Nordex AG. The transaction is valued at approximately €300 million.
Visiocorp plc. the world's leading manufacturer of automotive mirrors and lights, announces the sale of Visiocorp Sound GmbH in a Management Buy-out to Siegfried Marlok.
Dr. Dirk Wiechmann sells TOP-Service für Lingualtechnik GmbH to 3M for approximately €75 million in cash.
Freitag & Co advises the management and supervisory boards of SCHUMAG AG and provides a Fairness Opinion in connection with the acquisition by Berliner AG.
PARAGON PARTNERS sells Rudolf Riester GmbH & Co. KG to Halma plc. for €55 million.
Macquarie European Infrastructure Fund II announces its decision to launch a voluntary tender offer on Techem AG for €60 per share in cash. The transaction is valued at €1.9 billion.
Babcock Borsig AG i.I. sells its 79% stake in SCHUMAG AG to Berliner AG at an enterprise value of approximately €74 million.
VARTA AG sells its micro battery business to Global Equity Partners for €63 million.
The shareholders of DEKOM Group sold 100% to an investor consortium including VR Equitypartner, Süd Beteiligungen, and the management team.
The owners of ownCloud sold 100% of their shares to Kiteworks.
Müller - Die lila Logistik acquires Sigloch Group. Sigloch is one of the leading logistics service providers in the book and media sector in Germany and offers e-fulfillment, retail logistics, as well as e-commerce solutions in Germany and the Czech Republic. In 2021, Sigloch Group generated sales of €66 million with 700 employees. The purchase price of €43 million and related investments in automation and digitalization are financed by €50 million bank debt.
OeTTINGER sells its Gotha brewery, the largest brewery in Thuringia, to Paulaner.
svt, a portfolio company of Ergon Capital, acquires Technical Fire Safety Group.
KJK Capital sells all shares in Leader 96 to The Rohatyn Group. Leader 96 is the leading European e-bike manufacturer.
Pfisterer Group sells its Rail division to Knill Energy. The Rail division is leading manufacturer of rail infrastructure products for the overhead line sector.
Pfisterer Group sells all shares in LAPP Insulators Group to PHI Industrial. LAPP is leading manufacturer of high-voltage ceramic insulators.
The shareholder of WEC Turmbau Emden sold its shares to Bettels Group. WEC is a leading supplier of concrete towers for wind turbines and other complex precast concrete components. Historically, the Company was exclusive supplier of concrete towers to ENERCON.
Freitag & Co advised the seller.
The owners of DataVision sell 100% of their shares to Ricoh.
DataVision is German market leader in conference room and enterprise collaboration solutions. Through this acquisition, Ricoh becomes one of the largest AV & workplace integrators.
Battery Ventures launches a transatlantic voluntary tender offer on EASY SOFTWARE for €11.50 per share in cash. The implied market value of the offer is €74 million.
American Axle, (NYSE: AXL), U.S. automotive supplier with $6 billion revenues, acquires Mitec, global market leader in automotive propulsion technology, out of insolvency.
Peter Döhle Schifffahrts-KG and Ernst Russ Group sell their equity participations in HAMMONIA Reederei GmbH & Co. KG of 62.74% to Ness, Risan & Partners, Norway, and former owners of Containerships Group, Finland.
The private equity firm KJK Capital acquires Elan, a Slovenian manufacturer of skis, sailing yachts and composite components for the wind industry. Elan is one of the world's most renown ski brands. Freitag & Co advised the sellers Merrill Lynch International and VR Capital on this M&A transaction.
Controlling shareholder Ian Hannam and other investors sell MKM Mansfelder Kupfer & Messing GmbH to the KME Group for an enterprise value of €255 million. The merger of KME and MKM creates the largest manufacturer of primary and semi-finished copper products worldwide. Freitag & Co advised and supported the sellers as well as MKM in the successful implementation of the transaction.
Icahn Enterprises sells automotive supplier Federal-Mogul to Tenneco for $5.4 billion. The purchase price consists of cash ($800 million) and Tenneco shares (29.5 million shares). XMS Capital Partner and Freitag & Co jointly advised Icahn Enterprises on the transaction.
The City of Hamburg and the State of Schleswig-Holstein sell their joint state bank. A consortium led by the investment firm Cerberus from New York and the American investor J. Christopher Flowers acquire HSH Nordbank for €1 billion. Freitag & Co acted as M&A advisor to Cerberus.
The Kirschey Family sells CENTA – world market leader for flexible couplings – and associated real estate to Rexnord at a valuation of approximately €150 million.
Jason Industries sells Janesville Acoustics Europe to Quartuar in a management buy-out as part of its restructuring.
Accuride, the US supplier of automotive components owned by Crestview Partners, acquires German mefro wheels from the Fischbacher Family. mefro wheels is a leading manufacturer of steel wheels with revenues of about €400 million.
The owners of nie wieder bohren ag sell 100% of their shares to Tesa SE, a subsidiary of Beiersdorf AG.
nie wieder bohren is a market leading developer and manufacturer of innovative adhesive systems for industrial and consumer applications.
Freitag & Co advises a concert group of the largest shareholders of gategroup (enterprise value €1.9 billion) on the sale of their shares, including the offer by HNA.
freenet AG acquires a 23.83% share in Sunrise Communications, the second largest telecommunications provider in Switzerland, from CVC Capital Partners. The purchase price amounts to CHF 782 million. Freitag & Co advised freenet on M&A and related tactical issues.
Avtotehna sells its subsidiary Swatycomet to U.S. WeilerCorporation.
funktel acquires the security communications business from Funkwerk.
Fair Friend Group of Taiwan acquires MAG Group for €230 million. MAG is the world market leader for turnkey engine production systems for the automotive sector with annual sales of €474 million. Freitag & Co advised MAG and successfully completed the transaction as a result of a highly competitive process.
The Schaffitzel Family sells Hohenloher Spezialmöbelwerk Group, the leading manufacturer of furniture for the natural science education sector, to WALDNER Group.
Dürr AG launches a tender offer on HOMAG AG for €26.35 cash per share. The enterprise value of the transaction is €508 million.
AEG Power Solutions sells its subsidiary skytron energy GmbH to First Solar, Inc. In 2012, skytron energy GmbH generated revenues of €29 million.
KETTLER extends its €15 million debt and evaluates the sale / increase of equity.
The Vossloh Family sells a 23% stake in the public market for €210 million.
Korian S.A. announces its intention to launch a public tender offer on Curanum AG for €2.50 cash per share. The enterprise value of the transaction is €270 million.
Imtech N.V. sells Deutsche van Rietschoten & Houwens GmbH to Obermark Value (SCA) SICAR.
The Voronin Family sells Dental Complex, #1 in Russian orthodontics distribution, to Danaher.
PARAGON PARTNERS sells PAKi Pooling Partners to Faber Halbertsma Groep.
PAKi is European leader in the management of open pool load carriers.
elexis AG receives a public tender offer from SMS GmbH. An increased offer values elexis AG at €194 million. Freitag & Co advises the Supervisory Board and issued a fairness opinion.
Bilfinger Berger completes the anti-trust mandated sale of MCE Energietechnik GmbH to LK Holding GmbH.
Primacom AG, a leading German cable network operator, sells its cable networks in Aachen and Wiesbaden to Unitymedia Hessen GmbH & Co. KG for €49 million.
SKion GmbH acquires 20% in Nordex AG. The transaction is valued at approximately €300 million.
Visiocorp plc. the world's leading manufacturer of automotive mirrors and lights, announces the sale of Visiocorp Sound GmbH in a Management Buy-out to Siegfried Marlok.
Dr. Dirk Wiechmann sells TOP-Service für Lingualtechnik GmbH to 3M for approximately €75 million in cash.
Freitag & Co advises the management and supervisory boards of SCHUMAG AG and provides a Fairness Opinion in connection with the acquisition by Berliner AG.
PARAGON PARTNERS sells Rudolf Riester GmbH & Co. KG to Halma plc. for €55 million.
Macquarie European Infrastructure Fund II announces its decision to launch a voluntary tender offer on Techem AG for €60 per share in cash. The transaction is valued at €1.9 billion.
Babcock Borsig AG i.I. sells its 79% stake in SCHUMAG AG to Berliner AG at an enterprise value of approximately €74 million.
VARTA AG sells its micro battery business to Global Equity Partners for €63 million.
The shareholders of DEKOM Group sold 100% to an investor consortium including VR Equitypartner, Süd Beteiligungen, and the management team.
The owners of ownCloud sold 100% of their shares to Kiteworks.
Müller - Die lila Logistik acquires Sigloch Group. Sigloch is one of the leading logistics service providers in the book and media sector in Germany and offers e-fulfillment, retail logistics, as well as e-commerce solutions in Germany and the Czech Republic. In 2021, Sigloch Group generated sales of €66 million with 700 employees. The purchase price of €43 million and related investments in automation and digitalization are financed by €50 million bank debt.
OeTTINGER sells its Gotha brewery, the largest brewery in Thuringia, to Paulaner.
svt, a portfolio company of Ergon Capital, acquires Technical Fire Safety Group.
KJK Capital sells all shares in Leader 96 to The Rohatyn Group. Leader 96 is the leading European e-bike manufacturer.
Pfisterer Group sells its Rail division to Knill Energy. The Rail division is leading manufacturer of rail infrastructure products for the overhead line sector.
Pfisterer Group sells all shares in LAPP Insulators Group to PHI Industrial. LAPP is leading manufacturer of high-voltage ceramic insulators.
The shareholder of WEC Turmbau Emden sold its shares to Bettels Group. WEC is a leading supplier of concrete towers for wind turbines and other complex precast concrete components. Historically, the Company was exclusive supplier of concrete towers to ENERCON.
Freitag & Co advised the seller.
The owners of DataVision sell 100% of their shares to Ricoh.
DataVision is German market leader in conference room and enterprise collaboration solutions. Through this acquisition, Ricoh becomes one of the largest AV & workplace integrators.
Battery Ventures launches a transatlantic voluntary tender offer on EASY SOFTWARE for €11.50 per share in cash. The implied market value of the offer is €74 million.
American Axle, (NYSE: AXL), U.S. automotive supplier with $6 billion revenues, acquires Mitec, global market leader in automotive propulsion technology, out of insolvency.
Peter Döhle Schifffahrts-KG and Ernst Russ Group sell their equity participations in HAMMONIA Reederei GmbH & Co. KG of 62.74% to Ness, Risan & Partners, Norway, and former owners of Containerships Group, Finland.
The private equity firm KJK Capital acquires Elan, a Slovenian manufacturer of skis, sailing yachts and composite components for the wind industry. Elan is one of the world's most renown ski brands. Freitag & Co advised the sellers Merrill Lynch International and VR Capital on this M&A transaction.
Controlling shareholder Ian Hannam and other investors sell MKM Mansfelder Kupfer & Messing GmbH to the KME Group for an enterprise value of €255 million. The merger of KME and MKM creates the largest manufacturer of primary and semi-finished copper products worldwide. Freitag & Co advised and supported the sellers as well as MKM in the successful implementation of the transaction.
Icahn Enterprises sells automotive supplier Federal-Mogul to Tenneco for $5.4 billion. The purchase price consists of cash ($800 million) and Tenneco shares (29.5 million shares). XMS Capital Partner and Freitag & Co jointly advised Icahn Enterprises on the transaction.
The City of Hamburg and the State of Schleswig-Holstein sell their joint state bank. A consortium led by the investment firm Cerberus from New York and the American investor J. Christopher Flowers acquire HSH Nordbank for €1 billion. Freitag & Co acted as M&A advisor to Cerberus.
The Kirschey Family sells CENTA – world market leader for flexible couplings – and associated real estate to Rexnord at a valuation of approximately €150 million.
Jason Industries sells Janesville Acoustics Europe to Quartuar in a management buy-out as part of its restructuring.
Accuride, the US supplier of automotive components owned by Crestview Partners, acquires German mefro wheels from the Fischbacher Family. mefro wheels is a leading manufacturer of steel wheels with revenues of about €400 million.
The owners of nie wieder bohren ag sell 100% of their shares to Tesa SE, a subsidiary of Beiersdorf AG.
nie wieder bohren is a market leading developer and manufacturer of innovative adhesive systems for industrial and consumer applications.
Freitag & Co advises a concert group of the largest shareholders of gategroup (enterprise value €1.9 billion) on the sale of their shares, including the offer by HNA.
freenet AG acquires a 23.83% share in Sunrise Communications, the second largest telecommunications provider in Switzerland, from CVC Capital Partners. The purchase price amounts to CHF 782 million. Freitag & Co advised freenet on M&A and related tactical issues.
Avtotehna sells its subsidiary Swatycomet to U.S. WeilerCorporation.
funktel acquires the security communications business from Funkwerk.
Fair Friend Group of Taiwan acquires MAG Group for €230 million. MAG is the world market leader for turnkey engine production systems for the automotive sector with annual sales of €474 million. Freitag & Co advised MAG and successfully completed the transaction as a result of a highly competitive process.
The Schaffitzel Family sells Hohenloher Spezialmöbelwerk Group, the leading manufacturer of furniture for the natural science education sector, to WALDNER Group.
Dürr AG launches a tender offer on HOMAG AG for €26.35 cash per share. The enterprise value of the transaction is €508 million.
AEG Power Solutions sells its subsidiary skytron energy GmbH to First Solar, Inc. In 2012, skytron energy GmbH generated revenues of €29 million.
KETTLER extends its €15 million debt and evaluates the sale / increase of equity.
The Vossloh Family sells a 23% stake in the public market for €210 million.
Korian S.A. announces its intention to launch a public tender offer on Curanum AG for €2.50 cash per share. The enterprise value of the transaction is €270 million.
Imtech N.V. sells Deutsche van Rietschoten & Houwens GmbH to Obermark Value (SCA) SICAR.
The Voronin Family sells Dental Complex, #1 in Russian orthodontics distribution, to Danaher.
PARAGON PARTNERS sells PAKi Pooling Partners to Faber Halbertsma Groep.
PAKi is European leader in the management of open pool load carriers.
elexis AG receives a public tender offer from SMS GmbH. An increased offer values elexis AG at €194 million. Freitag & Co advises the Supervisory Board and issued a fairness opinion.
Bilfinger Berger completes the anti-trust mandated sale of MCE Energietechnik GmbH to LK Holding GmbH.
Primacom AG, a leading German cable network operator, sells its cable networks in Aachen and Wiesbaden to Unitymedia Hessen GmbH & Co. KG for €49 million.
SKion GmbH acquires 20% in Nordex AG. The transaction is valued at approximately €300 million.
Visiocorp plc. the world's leading manufacturer of automotive mirrors and lights, announces the sale of Visiocorp Sound GmbH in a Management Buy-out to Siegfried Marlok.
Dr. Dirk Wiechmann sells TOP-Service für Lingualtechnik GmbH to 3M for approximately €75 million in cash.
Freitag & Co advises the management and supervisory boards of SCHUMAG AG and provides a Fairness Opinion in connection with the acquisition by Berliner AG.
PARAGON PARTNERS sells Rudolf Riester GmbH & Co. KG to Halma plc. for €55 million.
Macquarie European Infrastructure Fund II announces its decision to launch a voluntary tender offer on Techem AG for €60 per share in cash. The transaction is valued at €1.9 billion.
Babcock Borsig AG i.I. sells its 79% stake in SCHUMAG AG to Berliner AG at an enterprise value of approximately €74 million.
VARTA AG sells its micro battery business to Global Equity Partners for €63 million.
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