Frankfurt/Main – Funds advised by DPE Deutsche Private Equity have sold the VTU Group to Altor Funds, with the VTU management team likewise selling its interest in the company. DPE is an independent German PE firm with total assets under management of around EUR 3 billion. Based in Graz (Austria), VTU is a leading European provider of engineering solutions primarily for the life science and green transition industries. It has longstanding relationships with a number of global pharmaceutical companies. The VTU Group has some 1,200 employees and specialises in end-to-end engineering services. It covers the entire EPCM(V) value chain (Engineering, Procurement, Construction Management and Validation), together with other value-add services such as green engineering, digitalisation and strategy consulting. Altor Funds, which invests in mid-market firms with the aim of creating value through growth initiatives and operational improvements, was the winner of an auction process. The transaction is currently awaiting the customary approval from the relevant authorities. Further details of the transaction were not disclosed.
An international CMS team headed 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 Germany
Dr Hendrik Hirsch, Partner, Frankfurt/Main
Dr Dirk Baukholt, Principal Counsel, Frankfurt/Main
Maxine Notstain, Senior Associate, Frankfurt/Main
Dr Maximilian Stark, Associate, Frankfurt/Main, all Corporate/M&A
Dr Thomas Hirse, Partner, Düsseldorf
Sven Krause, Senior Associate, Düsseldorf, both IP
Tina Karakurt, Counsel, Frankfurt/Main
Juliana Kettel, Senior Associate, Frankfurt/Main, both Real Estate & Public
Stefan Lehr, Partner, Frankfurt/Main, Competition & EU
Dr Martin Friedberg, Partner, Düsseldorf, Tax
Dr Markus Pfaff, Partner, Frankfurt/Main
Thomas Schaak, Senior Associate, Frankfurt/Main, both Banking & Finance
CMS Smart Operations Team
CMS Austria
Alexander Rakosi, Partner
Florian Mayer, Senior Associate
Marco Selenic, Senior Associate
Christoph Birner, Associate, all Corporate/M&A
Jens Winter, Partner
Shima Babanzadeh, Associate, both Employment
Dieter Zandler, Partner, Competition
Mariella Kapoun, Senior Associate
Maximilian Uidl, Associate, both Property & Procurement
Marlene Wimmer-Nistelberger, Senior Associate, Public Law
Thomas Aspalter, Senior Associate, Tax
CMS Switzerland
Stefan Brunnschweiler, Partner
Anna Mast, Associate, both Corporate/M&A
CMS Poland
Blazej Zagorski, Partner
Dr Magdalena Zmyslowska, Senior Associate, both Corporate/M&A
CMS Italy
Daniela Murer, Partner
Alessandra Cuni, Counsel, both Corporate/M&A
CMS Brussels
Arnaud Van Oekel, Partner
Ségolène Regout, Associate, both Corporate/M&A
CMS Romania
Rodica Manea, Partner
Simona Strava, Associate, both Corporate/M&A
Press Contact
presse@cms-hs.com
