Mergers & Acquisitions / Private Equity / Employment Law / Banking and Capital Markets Law, Financing / European State Aid Law / Intellectual Property Law / Real Estate Law17.10.2023 News
Oppenhoff advises Family Trust on add-on transactions
Oppenhoff has advised portfolio companies of the Munich-based private equity firm Family Trust Investor on two buy & build acquisitions.
With the acquisition of HD sourcing solutions GmbH, based in Bottrop, from its founder as an addition to the existing participations in novia and Swiss Global Sourcing Services AG, the novia Group has been created as a global sourcing platform. Under the joint brand, the companies are pooling their expertise in the procurement of components, assemblies and machines, serving customers in the medtech, mechanical engineering, transport, sanitary and lighting industry segments from several locations in Germany, Switzerland and Asia.
The Erlmann Group will become part of the Tiefenbach Group in succession from its sole shareholder and. managing director. In the integrated mechanical engineering sector, Erlmann develops, designs, assembles and commissions complete grinding and multi-spindle drilling machines for brake linings for the commercial vehicle and railway industries, with around 40 employees at its works in Herten. In the future, Erlmann will be managed as a sister company of Tiefenbach Control Systems GmbH from Bochum.
Family Trust Investor, based in Munich, is an investment company founded in 2015 by experienced private equity professionals with an investment focus on medium-sized companies in German-speaking countries.
The Oppenhoff team advising on the acquisition of HD sourcing solutions GmbH comprised, in addition to Till Liebau (lead), Marcel Markovic, Kristin Vogt-Schories, Dr. Jennifer Zimmermann (all M&A/Private Equity), Anja Dombrowsky, Jennifer Bold (both Employment), Dr. Wolfgang Kotzur (Financing), Georg Lecheler (IP), Marc Alexander Häger and Julia Höyng (both Real Estate).
The Oppenhoff team advising on Erlmann comprised, in addition to Till Liebau (lead), Kristin Vogt-Schories, Marcel Markovic, Lisa Zimmermann (all M&A/Private Equity), Anja Dombrowsky, Cornelia-Cristina Scupra (both Employment), Dr. Wolfgang Kotzur (Financing), Dr. Simon Spangler (State Aid), Georg Lecheler (IP), Marc Häger and Julia Höyng (both Real Estate).
Oppenhoff advises Family Trust on a regular basis, for example on the original acquisition of novia group and most recently on the acquisition of Hyla Germany GmbH.