Leipzig – Stuttgart-based Süd Beteiligungen GmbH (SüdBG) and Ali Sahin, who was recently appointed CEO as part of a management buy-in, have jointly acquired EPSa-Elektronik und Präzisionsbau Saalfeld GmbH. SüdBG is a subsidiary of Landesbank Baden-Württemberg (LBBW). The transaction resolves the corporate succession issue for EPSa, a leading provider of telematics and communications services. The German Federal Cartel Office has already approved the transaction.
A team from CMS Germany led by Jörg Lips (lead partner) and Juliane Voigtmann (coordination) advised SüdBG on all legal aspects of the transaction. SüdBG has been a CMS client for many years.
EPSa is headquartered in Saalfeld. It was created in 1992 by way of a management buy-out of part of the Electronics division of Jenoptik Carl Zeiss Jena GmbH. The technology firm has around 200 employees and specialises in the electronics manufacturing services market. EPSa focuses on the manufacture of industrial electronics and electronic components for medical technology products. SüdBG holds more than 40 stakes in various sectors, with capital under management of more than EUR 300 million.
CMS Hasche Sigle
Dr Jörg Lips, Lead Partner
Dr Juliane Voigtmann, Coordination
Dr Antje-Kathrin Uhl, Employment
Dr Jens Moraht, Finance
Dr Stefan Haack, Public Law
Björn Waterkotte, Due Diligence, Commercial
Eva Schäfer-Wallberg, Due Diligence, Employment
Friederike Günther, Due Diligence, Finance
Stefan Schreiber, Due Diligence, IP/IT Thomas
Thomas Markpert, Due Diligence, Real Estate
Yvonne Gebert, Due Diligence, Insurance