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CMS advises Dürr on acquisition of majority stake in teamtechnik

18/12/2020

Stuttgart – The Dürr Group has acquired 75% of the shares in teamtechnik Maschinen und Anlagen GmbH, thereby strengthening its market position in the automation sector. teamtechnik, which is headquartered in Freiberg (Germany), is a leading automation specialist operating primarily in the electric mobility and medical technology areas. The signed purchase agreement is currently awaiting approval from the competition authorities. The purchase price was not disclosed.

CMS advised Dürr on legal aspects of the transaction, with Dr Tobias Grau in the lead role.

teamtechnik generated sales of some EUR 155 million in 2019. 25% of the shares in teamtechnik remain with CEO Stefan Roßkopf, who is a member of the founding family. He will manage teamtechnik going forward as a division within the Dürr Group.

The Dürr Group is one of the world’s leading mechanical and plant engineering manufacturers, with strong expertise in automation and digitisation/Industry 4.0. In 2019, it generated sales of around EUR 3.92 billion. The company employs some 16,200 people and has 112 locations across 33 countries. The group operates via three brands, Dürr, Schenck and HOMAG, and five divisions.

CMS Germany

Dr Thomas Meyding, Partner, Client Relationship
Dr Tobias Grau, Lead Partner
Dr Barbara Wössner, Co-Lead Partner
Susanne Waldhans, Senior Associate, all Corporate/M&A
Heinz Joachim Kummer, Partner, Real Estate & Public
Dr Harald Kahlenberg, Partner
Peter Giese, Counsel
Angelika Wieczorkowski, Senior Associate, all Competition
Dr Martin Mohr, Counsel, Tax
Dr Gerald Gräfe, Partner
Dr Johann Sieber, Senior Associate, both Commercial
Dr Peter Ruby, Partner
Dr Andreas Grunert, Counsel, both Banking & Finance

Dürr

Andreas Birk
Falk Bäurle
Carina Lenz

Press Contact
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