CMS advises PINOVA Capital on its investment in KIST + ESCHERICH

Frankfurt/Main – Funds advised by PINOVA Capital GmbH (PINOVA) have acquired a stake in KIST + ESCHERICH GmbH as part of a management buyout. The current managing shareholders will retain their stake in the company and will lead it into its next phase of growth together with PINOVA.

A CMS team led by Dr Peter Polke provided PINOVA with comprehensive legal advice on this transaction. PINOVA has been CMS client for many years.

KIST + ESCHERICH, based in Munich and Dresden, develops and manufactures electrostatic discharge systems and surface cleaning systems used in industrial manufacturing processes worldwide. These solutions are used in particular in the production of electronic components, battery modules, sensors, printed circuit boards and plastic parts, as well as in other high-tech industrial applications.

PINOVA is an independent private equity firm that invests its managed funds in industrial tech companies in German-speaking countries. The focus is on companies in the fields of high-tech components, innovative materials and smart systems. By acquiring a stake in KIST + ESCHERICH, PINOVA is expanding its portfolio to include a technological industry leader in the field of electrostatic and surface cleaning systems.

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