Stuttgart, 03.09.2024 - The NSK Group has sold its long-standing German subsidiary, Neuweg Fertigung GmbH, based in Munderkingen (Baden-Württemberg), to the British investor Stephen Lord. Subject of this carve-out transaction was also the establishment of future service relationships between the NSK Group and Neuweg Fertigung GmbH, which will operate independently in the future.
A CMS team headed by lead partner Dr Claus-Peter Fabian advised NSK Europe Ltd. on all legal aspects of this transaction.
NSK is a specialised network of companies focusing on the manufacture of rolling bearings, linear motion components and control technologies. It is part of the globally operating NSK Ltd. in Japan and has its European headquarters in Maidenhead, Berkshire (UK). NSK supplies industries such as automotive, mechanical engineering, aerospace and medical technology.
Neuweg Fertigung GmbH was founded in 1954 and acquired by the NSK Group in 1990. It specialises in the flexible production of rolling bearings in small quantities for the agricultural machinery and mechanical engineering industries.
CMS Germany
Dr Claus-Peter Fabian, Lead Partner
Julia Fünfgeld, Senior Associate, both Corporate/M&A
Lisa Mattmann, Senior Legal Specialist, Smart Operations
Dr Martin Mohr, Partner, Tax
Dirk Loycke, Partner
Almuth Balsliemke, Senior Associate
Anna Jeanine Uhrig, Senior Associate, all Commercial
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