Donau WP And CMS Advise on Ventrex Transaction

10/09/2015

Ventrex transaction completed in record time:

Donau WP and CMS have advised on the sale of the internationally leading Austrian valve manufacturer Ventrex. The Styria-based valve producer, which is the global or European leader in all of its business segments, is now fully owned by the Dutch group Aalberts Industries. The parties involved agreed not to disclose the purchase price.

Thanks to the comprehensive support by Donau Wirtschaftsprüfungs- und Steuerberatungs-Ges.m.b.H. (Gottwald Kranebitter) and CMS in Vienna, the takeover of Ventrex by the Dutch group Aalberts Industries could be finalised in record time. Gottwald Kranebitter, partner at Donau WP and head of its advisory team, was responsible for planning and structuring the transaction. CMS comprehensively advised the seller on all legal aspects.

M&A transactions have been among the core competencies of CMS Reich-Rohrwig Hainz for many years. The conclusion of the Ventrex takeover has demonstrated that the law firm is also capable of successfully handling transactions of such magnitude in a very short amount of time. A CMS team made up of Johannes Trenkwalder and Rainer Wachter (lead partners), Lisa Oberlechner (attorney-at-law) and Ulrich Weinstich (associate) advised AMCS Industriebeteiligungs GmbH, the parent company of Ventrex Automotive GmbH. The takeover is still subject to the usual provisos.

“To conclude such a major deal – Ventrex employs 145 people, had revenues of close to 55 million euros in 2014 and boasts a steep, organic growth – so quickly and also in a way that satisfies both parties is a remarkable feat”, says Johannes Trenkwalder, partner at CMS in Vienna.

Ventrex continues to grow

Ventrex is a leading strategy partner of the automobile industry based in Graz, Austria. The company’s products can be found in vehicles and agricultural machinery around the globe, contributing to their safety, efficiency, comfort and environmental friendliness. In the course of its history, Ventrex itself acquired a number of German companies. The directors who successfully managed the company in the past will remain on board also after the takeover. Ventrex will very likely continue to grow, given that its incorporation in the Aalberts group opens up a global network for cooperation and additional innovative potential. Additionally, further synergies will arise from the collaboration with Ventil Technik GmbH, a German company that is also part of the Aalberts group and was among Ventrex’s competitors before the takeover.

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Donau WP And CMS Advise on Ventrex Transaction
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Johannes Trenkwalder
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Lisa Oberlechner
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