Hamburg – Airbus and Safeguard have signed an agreement with Hutchinson regarding the sale and transfer of all shares in PFW Aerospace GmbH, a key supplier in the aviation industry. The divestment has been completed at the end of the year 2019.
An international CMS team led by partner Dr Eckart Gottschalk advised Airbus on all legal aspects of the transaction. CMS offices in the United Kingdom and in Istanbul (Türkiye) were also involved.
PFW Aerospace GmbH is active in the fields of development, designing, engineering, manufacturing and sale of components for the aviation industry, in particular tubes. It was founded more than 100 years ago and employs over 2,000 people at its locations in Speyer (Germany), Nuneaton (Great Britain) and Izmir (Türkiye). In 2011, Airbus took over 74.9% of the shares in PFW Aerospace GmbH.
CMS has advised Airbus on several occasions in the past.
CMS Germany
Dr Eckart Gottschalk, Lead Partner
Dr Jan Schepke, Partner
Dr Philipp Koch, Counsel
Dr Clemens Völschow, Senior Associate
Dr Levent Hancioglu, Senior Associate
Dr Charlotte Dobers-Koch, Senior Associate
Dr Alexander Weinhold, Associate, all Corporate/M&A
Dr Thomas Hirse, Partner, Intellectual Property
Christoff Soltau, Partner
Tobias Duhe, Senior Associate, both Competition & EU
Dr Denis Schlimpert, Senior Associate, Commercial
Dr Daniel Ludwig, Partner
Dr Jacob Hinze, Senior Associate, both Labor, Employment & Pensions
Dr Hermann Müller, Partner, Foreign Trade
Dr Christiane Kappes, Partner
Sebastian Belz, Senior Associate
Dr Shalene Edwards, Associate, all Real Estate & Public
CMS United Kingdom
Iain Newman, Partner
Mathew Boyle, Senior Associate
Ross Fordyce, Associate
Emma Sweetman, Associate
George Williams, Associate
CMS Turkiye
Döne Yalçın, Partner
Alaz Eker Undar, Counsel
Abra Sinan, Senior Associate
Press Contact
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