Frankfurt am Main – ALJO GmbH & Co. KG, a German manufacturer of lightweight aluminium components for areas including the aerospace industry and naval and defence sectors, has been sold to the Spanish investment platform PHI Industrial. PHI Industrial acquired ALJO through the PHI Fund IV FCR and, as the new partner, will drive forward the expansion of the company, which is based in Berne, Lower Saxony. The parties have agreed not to disclose further details.
A CMS team led by partner Dr Joachim Dietrich provided comprehensive legal advice to the partners of ALJO on this transaction. In addition to the full set of documents relating to the purchase agreement, the advice covered, in particular, all issues relating to merger control and FDI-related reviews. In this context, CMS coordinated the collaboration with international law firms and supported the client with the necessary consultations with and notifications to the relevant authorities.
PHI Industrial is a private equity investment platform based in Madrid that specialises in medium-sized industrial companies and special situations. The company invests primarily in industrial companies with potential for operational development and growth.
Press Contact
[email protected]
