GÖRG advises Dätwyler on the sale of the Civil Engineering Business to the Management Team and the Hamburg based financial investor BPE
A GÖRG team led by Dr. Frank Evers has advised Dätwyler (a Switzerland based company) on the sale of the Civil Engineering business to the management team and the Hamburg based financial investor BPE.
The seller will take over all shares of Dätwyler Sealing Technologies Deutschland GmbH as well as the associated real estate. This company, which will be renamed SEALABLE Solutions GmbH, combines the Civil Engineering business with elastomer profiles for applications in tunnels, civil engineering and rail track superstructure projects at the German site in Waltershausen. Around 180 employees generate annual revenue of around CHF 40 million. The parties have agreed not to disclose details of the Transaction.
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Frank Evers, Partner, M&A / Corporate, Hamburg
Dr. Marcus Heinemann, Associated Partner, M&A / Corporate, Hamburg
Dr. Jan-Henric M. Punte, LL.M. (Hull), Associated Partner, M&A / Corporate, Hamburg
Dr. Sergio Binkowski, Partner, Real Estate, Hamburg
Benjamin Karten, Partner, Tax, Hamburg
Dätwyler is focusing on high-quality, system-critical elastomer components and has leading positions in attractive global markets such as healthcare, mobility, oil & gas and food & beverage. With its recognized core competencies and technological leadership, the company delivers added value to customers in the markets served. Dätwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. With a global presence with more than 20 operating companies, sales in over 100 countries and more than 7’000 employees Dätwyler, headquartered in Switzerland, generates annual sales of more than CHF 1’000 million. The Group has been listed on the SIX Swiss Exchange since 1986 (security no. 3048677).