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Deals 25 Jul 2024 · Germany

Biopharma transaction: CMS advises investment firm RSBG on sale of majority stake in Masco to Ardian

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Cologne, 25.07.2024 – RSBG SE, the investment arm of the RAG-Stiftung foundation, has sold a majority interest in the Masco Group (Masco) to Ardian, a world-leading private investment firm. Masco is a group of engineering, consulting and technology companies operating in global markets which serve the life sciences industry. With more than 1,000 employees, Masco supports over 6,000 customers worldwide with its products and solutions for manufacturing pharmaceutical and biotech applications.

The Borella family and Masco Group’s current management team will reinvest alongside Ardian, while Luca Borella will continue to lead the company as CEO. Industry experts Angelos Papadimitriou and Claudio Colombi will join the Board of Directors as Chairman and Director, respectively. RSBG acquired a majority stake in Masco in 2017. Since then, RSBG and Masco have jointly pursued an accelerated buy-and-build strategy. With four landmark acquisitions in five years, the product portfolio and geographical presence of Masco have been successfully expanded inorganically.

An international CMS team headed by lead partner Dr Malte Bruhns advised RSBG on all legal aspects of the transaction. RSBG has regularly relied on the legal expertise of CMS for many years. A CMS team advised RSBG on acquisition of the Masco Group in 2017 (led by CMS partner Klaus Jäger) and also during the acquisition of KeyPlants (2021) and Xils (2023) (headed in each case by CMS partner Dr Malte Bruhns).

Established in 1912, Milan-based Masco provides a range of bespoke products and services to the biopharma and life sciences industry. These include high-purity water systems, bioprocessing equipment, modular off-site fabricated facility solutions, process engineering and laboratory, validation, and automation services. Masco’s global footprint includes seven facilities located across Europe, North America, and Asia.

RSBG SE has its headquarters in Essen and is the investment arm of the RAG-Stiftung foundation. As an industrial investment company of the RAG-Stiftung foundation, RSBG has been investing since 2014 in high-growth future markets, sectors and industries that are being shaped by global technology trends. Its focus is on innovative and successful medium-sized companies. RSBG currently manages a portfolio of more than 85 companies with over 12,500 employees worldwide.

RSBG SE

Dr Jan Gudlick (COO)
Dr Andreas Jäger (Head of Corporate Development / M&A)
Dr Jana Pannemann (General Counsel)
Dr Hanna Gotta (Senior Legal Counsel)
Peter Rempp (Head of Compliance)

CMS Germany

Dr Malte Bruhns, Lead Partner
Dr Dirk Baukholt, Principal Counsel
Philipp Knopp, Senior Associate
Christoph Schröer, Senior Associate
Ole Gunnar Weyand, Senior Associate
Dr Katharina Kapp, Associate
Dr Henrik Meurer, Associate
Dominic Zimmer, Associate, all Corporate/M&A
Dr Björn Herbers, Partner
Moritz Pottek, Counsel
Dr Robert Bodewig, Senior Associate
Benedikt Christian Voss, Associate, all Antitrust, Competition & Trade
Jan Friese, Principal Counsel, Banking, Finance & Insurance
Dr Martin Friedberg, Partner, Tax

CMS Italy

Daniela Murer, Partner
Alessandra Cuni, Counsel
Sara Tammarazio, Associate, all Corporate/M&A 

CMS Belgium

Arnaud Van Oekel, Partner
Ségolène Regout, Senior Associate
Lola Verelst, Associate, all Corporate/M&A

CMS Wistrand

Erik Hygrell, Partner
Louise Rodebjer, Partner
Sebastian Petersen, Senior Associate, all Corporate/M&A

Press Contact
presse@cms-hs.com

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