17/02/2023
Frankfurt/Main - Fund advised by DPE Deutsche Private Equity, an independent German private equity firm with total assets under management of approximately three billion euros, and VTU Management have sold VTU Group, based in Graz, Austria, to Altor Funds. VTU is a leading provider of engineering solutions in Europe, primarily for the life science industry and in the field of green transition, and has long-standing relationships with numerous global pharmaceutical companies. With approximately 1,200 employees, the VTU Group specialises in end-to-end engineering offerings and covers the entire EPCM(V) value chain (Engineering, Procurement, Construction Management and Validation) together with other value-added services such as green engineering, digitalisation and strategy consulting. Altor Funds, which invests in mid-sized companies with the aim of creating value through growth initiatives and operational improvements, prevailed in a bidding process. The transaction is subject to customary approvals from competent authorities. The parties have agreed not to disclose further details of the transaction.
An international CMS team led by lead partner Dr Hendrik Hirsch advised DPE on all transaction-related aspects of the sale. The team included lawyers from Germany, Austria, Switzerland, Italy, Belgium and Poland.
CMS Switzerland
- Stefan Brunnschweiler, Partner, Corporate/M&A
- Anna Mast, Associate, Corporate/M&A
CMS Germany
- Dr Hendrik Hirsch, Partner, Frankfurt/Main, Corporate/M&A
- Dr Dirk Baukholt, Principal Counsel, Frankfurt/Main, Corporate/M&A
- Maxine Notstain, Senior Associate, Frankfurt/Main, Corporate/M&A
- Dr Maximilian Stark, Associate, Frankfurt/Main, Corporate/M&A
- Dr Thomas Hirse, Partner, Düsseldorf, IP
- Sven Krause, Senior Associate, Düsseldorf, IP
- Tina Karakurt, Counsel, Frankfurt/Main, Real Estate & Public
- Juliana Kettel, Senior Associate, Frankfurt/Main, Real Estate & Public
- Stefan Lehr, Partner, Frankfurt/Main, Competition & EU
- Dr Martin Friedberg, Partner, Düsseldorf, Tax
- Dr Markus Pfaff, Partner, Frankfurt/Main, Banking & Finance
- Thomas Schaak, Senior Associate, Frankfurt/Main, Banking & Finance
- CMS Smart Operations-Team
CMS Austria
- Alexander Rakosi, Partner, Corporate/M&A
- Florian Mayer, Senior Associate, Corporate/M&A
- Marco Selenic, Senior Associate, Corporate/M&A
- Christoph Birner, Associate, Corporate/M&A
- Jens Winter, Partner, Employment
- Shima Babanzadeh, Associate, Employment
- Dieter Zandler, Partner, Competition
- Mariella Kapoun, Senior Associate, Property & Procurement
- Maximilian Uidl, Associate, Property & Procurement
- Marlene Wimmer-Nistelberger, Senior Associate, Public Law
- Thomas Aspalter, Senior Associate, Tax
CMS Poland
- Blazej Zagorski, Partner, Corporate/M&A
- Dr Magdalena Zmyslowska, Senior Associate, Corporate/M&A
CMS Italy
- Daniela Murer, Partner, Corporate/M&A
- Alessandra Cuni, Counsel, Corporate/M&A
CMS Brussels
- Arnaud Van Oekel, Partner, Corporate/M&A
- Ségolène Regout, Associate, Corporate/M&A
CMS Romania
- Rodica Manea, Partner, Corporate/M&A
- Simona Strava, Associate, Corporate/M&A
