Stuttgart – The families that own Pforzheim-based Carl Benzinger GmbH have sold a majority interest to Syngroh Capital GmbH, the investment firm set up by the entrepreneurial Klaus Grohe family. The current owners, the Jehle families, will retain a significant minority stake in Carl Benzinger GmbH and continue to manage the company operationally. The majority stake taken by Syngroh Capital will provide Benzinger with a long-term entrepreneurial partner who will contribute to the engineering company’s growth. Details of the transaction were not disclosed.A CMS team headed by lead partner Dr Claus-Peter Fabian advised the family owners of Carl Benzinger GmbH on all legal aspects of the transaction. Carl Benziger GmbH is a leading manufacturer of high-precision lathes and milling machines for a variety of industries, including the watchmaking and jewellery industries as well as sectors such as optics, precision mechanics, medical, dental, electrical and control technology, fluid and bearing technology, the automotive supply industry and aerospace. Benzinger offers everything from a single source – from engineering and building or setting up the machine tools through to after-sales service. The company’s customers include both local firms and world-famous luxury brands. CMS Germany Dr Claus-Peter Fabian, Lead Part­ner Kath­ar­ina Ivic, Senior Associate Julia Fünfgeld, Senior Associate Dr Maximilian Eitelbuß, Senior Associate, all Corporate/M&A Dr Martin Mohr, Partner Tobias Wacker, Associate, both Tax Dr Michael Rein, Principal Counsel, Labor, Employment & Pensions Dr Michael Kraus, Partner, TMC Dr Stefan Voß, Partner Lukas Potstada, Counsel, both Real Estate & Public Thomas Fröhlich, Counsel, IP Lisa Mattmann, Senior Legal Specialist, Smart OperationsPress Con­tact presse@cms-hs. com

Frankfurt am Main, Atlanta, - CMS, led by Dr. Tobias Grau and Dr. Florian Plagemann, has comprehensively advised Commerzbank on the formation of a joint venture with Global Payments, a leading global provider of financial technologies and software solutions (here). CMS regularly advises banks and payment service providers on M&A transactions and regulatory matters, including Commerzbank's repurchase of the installment loan business from BNP Paribas. CMS Germany Dr Tobias Grau, Partner, Co-Lead Dr Florian Plagemann, Partner, Co-Lead Birgit Schlemmer, Senior Associate Dr Kai Wallisch, Partner Dr Tobias Kilian, Of Counsel Dr Marcel Hagemann, Partner Dr Christian Zielonka, Principal Counsel Carmen Hübner, Senior Associate Dr Maximilian Stark, Senior Associate Dr Miriam Bach, As­so­ci­ate Kath­rin Dengel, Associate Gustav Isele, Associate, all Corporate/M&A Dr Markus M. Pfaff, Client Relationship Partner Moritz Gerstmayr, Coun­sel Char­lotte Salathé, Counsel  Marcel Moussaoui, Associate Mohal Jennifer Egzau, Associate, all Banking & Finance Philipp Lotze, Partner Dr Michael Kraus, Partner Dr Anna Lena Füllsack, Senior As­so­ci­ate Theresa Lenger, Senior Associate, all TMC Kai Neuhaus, Partner Dr Björn Herbers, Partner Moritz Pottek, Counsel, all Antitrust, Competition & Trade Jörg Schrade, Part­ner Chris­ti­an Linseisen, Senior Associate, both Tax Dr Oliver Simon, Partner Dr Michael Rein, Principal Counsel Dr Philipp Deuchler, Senior Associate, all Labor, Employment & Pensions Commerzbank AG (Legal) Dr Benedikt Leffers (Group Legal, Head of Corporate / Regulatory Law)  Lars Kauer (Group Legal, Senior Legal Counsel, Corporate / Regulatory Law)  Markus Vetter (Group Legal, General Counsel, Technology, Data & In­fra­struc­ture) Carina Erlenwein (Group Legal, Senior Legal Counsel, Sales, Account Management, Payment Trans­ac­tions) Press Con­tact presse@cms-hs. com

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