IndustrialsCorporate Law / Mergers & Acquisitions / Antitrust Law and Merger Control25.08.2023 News
Oppenhoff advises Michael Weinig AG on acquisition of shares in Essetre s.r.l.
Oppenhoff has advised Michael Weinig AG on forming a strategic alliance with Italian Essetre s.r.l. The transaction included the acquisition of 50 % of Essetre's shares by Weinig and a comprehensive sales and services cooperation between the two companies.
Headquartered in Tauberbischofsheim, Germany, Michael Weinig AG is world market leader for woodworking machinery and equipment for solid wood processing.
Essetre s.r.l. is a renowned specialist for wood machining centers for the furniture and timber construction industry.
The Oppenhoff team led by Dr. Günter Seulen (Corporate/M&A) included Dr. Daniel Dohrn, Patrick Vapore (both Antitrust Law) and Dr. Philipp Heinrichs (Corporate/M&A).
Italian legal advice to Michael Weinig AG was provided by a team of RP Legal & Tax, Torino, Italy, headed by Mario Ferrari (Corporate/M&A).
Oppenhoff regularly advises Michael Weinig AG on matters of corporate law and M&A, including its recent acquisition of a majority interest in H.I.T. Maschinenbau, which develops and produces customer-specific solutions for the sawmill and timber industries from its sites in Ettringen and Breitenthal, Germany.