11-06-2017News

Heuking Kühn Lüer Wojtek advises CGS on its investment in Stürtz Maschinenbau

A team with members from several offices led by Stuttgart partner Dr. Hermann Ali Hinderer advised CGS IV (Jersey) L.P., an investment fund managed by Switzerland-based CGS Management AG, on the acquisition of a majority stake in Stürtz Maschinenbau GmbH. Together with management, which will continue to hold a stake in Stürtz Maschinenbau GmbH, CGS is pursuing the objective of positioning Stürtz Maschinenbau even better on international markets. Additional acquisitions are intended to create a strong international industrial group, which will be operating on the key markets of PVC window production and continually be advancing its technological standards.
 
Heuking Kühn Lüer Wojtek comprehensively advised CGS on all legal aspects of the transaction and its financing. With lawyers collaborating from the Stuttgart, Munich, Hamburg, Cologne, and Frankfurt offices, Heuking Kühn Lüer Wojtek was able to ensure a smooth transaction for CGS. It also included U.S. subsidiary Stuertz Machinery, Inc. for which Heuking Kühn Lüer Wojtek worked with its peers from the U.S. law firm Robinson, Bradshaw & Hinson, P. A.
 
Stürtz Maschinenbau GmbH develops and manufactures individual machines and entire automation systems for the production of PVC windows with some 225 employees. The company was founded in 1946 and has a subsidiary in the U.S.A.
 
Swiss industrial holding group CGS Management AG specializes in the development of medium-sized companies into international groups. Since 1999, CGS funds have been investing in platform companies in the German-speaking countries of Europe and in complementary acquisitions worldwide.

Counsel to CGS Management AG
Heuking Kühn Lüer Wojtek:

Dr. Hermann Ali Hinderer, LL.M. (USD) (Lead, Corporate/M&A),
Lena Ziegler (Corporate/M&A),
Dr. Juliane Reichelt (Real Estate),
Dr. Markus Klinger (IP/IT),
Antje Münch, LL.M. (IP/IT),
Dr. Nicole Armingeon (Public Law), all Stuttgart
Astrid Wellhöner, LL.M. Eur.,
Dr. Philip Wenninger (both Employment), both Munich
Dr. Stefan Jöster, LL.M.,
Titus Ludwig, LL.M. (both Insurance), both Cologne
Dr. Frederik Wiemer (Antitrust), Hamburg
Dr. H. Erdem Şişmangil, LL.M. (Corporate/M&A), Frankfurt
Michael Neises,
Irene Braunagel (both Finance), both Frankfurt

Download as PDF

Contact persons

You are currently using an outdated and no longer supported browser (Internet Explorer). To ensure the best user experience and save you from possible problems, we recommend that you use a more modern browser.