17/02/2023
CMS advises DPE Deutsche Private Equity on sale of VTU Group to Altor Funds
17/02/2023Frankfurt/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 SwitzerlandStefan Brunnschweiler, Partner, Corporate/M&AAnna Mast, Associate, Corporate/M&A CMS GermanyDr Hendrik Hirsch, Partner, Frankfurt/Main, Corporate/M&ADr Dirk Baukholt, Principal Counsel, Frankfurt/Main, Corporate/M&AMaxine Notstain, Senior Associate, Frankfurt/Main, Corporate/M&ADr Maximilian Stark, Associate, Frankfurt/Main, Corporate/M&ADr Thomas Hirse, Partner, Düsseldorf, IPSven Krause, Senior Associate, Düsseldorf, IPTina Karakurt, Counsel, Frankfurt/Main, Real Estate & PublicJuliana Kettel, Senior Associate, Frankfurt/Main, Real Estate & PublicStefan Lehr, Partner, Frankfurt/Main, Competition & EUDr Martin Friedberg, Partner, Düsseldorf, TaxDr Markus Pfaff, Partner, Frankfurt/Main, Banking & FinanceThomas Schaak, Senior Associate, Frankfurt/Main, Banking & FinanceCMS Smart Operations-TeamCMS AustriaAlexander Rakosi, Partner, Corporate/M&AFlorian Mayer, Senior Associate, Corporate/M&AMarco Selenic, Senior Associate, Corporate/M&AChristoph Birner, Associate, Corporate/M&AJens Winter, Partner, EmploymentShima Babanzadeh, Associate, EmploymentDieter Zandler, Partner, CompetitionMariella Kapoun, Senior Associate, Property & ProcurementMaximilian Uidl, Associate, Property & ProcurementMarlene Wimmer-Nistelberger, Senior Associate, Public LawThomas Aspalter, Senior Associate, Tax CMS PolandBlazej Zagorski, Partner, Corporate/M&A Dr Magdalena Zmyslowska, Senior Associate, Corporate/M&A CMS ItalyDaniela Murer, Partner, Corporate/M&AAlessandra Cuni, Counsel, Corporate/M&ACMS BrusselsArnaud Van Oekel, Partner, Corporate/M&A Ségolène Regout, Associate, Corporate/M&A CMS RomaniaRodica Manea, Partner, Corporate/M&A Simona Strava, Associate, Corporate/M&A
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