Heuking Kühn Lüer Wojtek advises Private Assets group on the acquisition of Optima Automation GmbH’s business operations
A team led by Cologne-based Private Equity partner Dr. Andreas Lenz advised SIM Technologies GmbH, an indirect subsidiary of publicly listed investor Private Assets AG, on the acquisition of Optima Automation GmbH from OPTIMA Packaging Group.
As its parent company SIM Automation GmbH, which is also a member of Private Assets group, SIM Technologies GmbH is a machine-building company specializing in customized assembly and feeding systems. Among others, it develops and manufactures machines for medical material such as standardized automatic assembly devices for blood collection tubes and glass syringes. The acquisition of Optima Automation GmbH creates promising synergy potential with parent company SIM Automation GmbH, a renowned supplier of complete production lines with state-of-the-art manufacturing and testing technology.
Prior to its acquisition by Private Assets Group, SIM Technologies was a member of Optima Packaging Group, a leading German packaging machinery manufacturer.
Private Assets is a Hamburg-based investment company specializing in corporate investments in special situations. As a partner of mid-sized companies, Private Assets AG specializes in strategic investments in medium-sized companies that are currently underperforming
Heuking Kühn Lüer Wojtek legally advised SIM Technologies GmbH comprehensively on preparing and concluding the acquisition.
Counsel to SIM Technologies GmbH
Heuking Kühn Lüer Wojtek:
Dr. Andreas Lenz (Lead),
Bastian Rieck,
Dr. Vera Randel (all Corporate / M&A), Cologne,
Christoph Hexel (Employment), Düsseldor