Stuttgart, 08.10.2024 – ElringKlinger AG, an independent global supplier to the automotive industry, has sold its subsidiaries in Sevelen (CH) and Buford (USA) to the CERTINA Group. El­ringK­linger’s plants in Sevelen and Buford manufacture shielding technology products for thermal and acoustic management in vehicles. The company generated revenue of approximately EUR 175 million at the two sites in 2023, with a combined headcount of around 650. This transaction is aimed at honing El­ringK­linger’s corporate profile and focusing the product portfolio along the path mapped out as part of its transformation strategy. The CERTINA Group is a family-owned industrial holding company. This deal adds two strong companies to its High Temperature Solutions division. The transaction is still subject to approval from the merger control authorities. The parties agreed not to disclose further details.A CMS team headed by lead partner Dr Christoph Lächler advised ElringKlinger AG on all legal aspects of the deal. The CMS team was supported by US law firm Barnes & Thornburg with regard to the US law aspects of the transaction. CMS Germany Dr Christoph Lächler, Lead Partner Daniel Mahn, Counsel Andreas Kazmaier, Senior Associate, all Corporate/M&A Dr Rolf Hempel, Partner, Antitrust, Competition & Trade Dr Marc Seibold, Partner Dr Anja Has­sel­mann-Thiede, Counsel, both Banking, Finance & Insurance Dr Martin Mohr, Partner, Tax CMS Switzerland Dr Stephan Werlen, LL.M., Part­ner Max­imili­an Hauser, Associate, both Corporate/M&A Helena Loretan, Associate, Real Estate Inhouse at ElringKlinger AG Dr Christof Dietborn, General Coun­sel Chris­toph­er Müller-Dahl, Senior Legal Counsel René Klein, Legal CounselPress Con­tact presse@cms-hs. com

Stuttgart, 03.09.2024 – SYNLAB International GmbH, a leading provider of medical diagnostics in Europe, has sold 100 percent of its shares in its Lithuanian subsidiary SYNLAB Lietuva UAB to Affidea Lietuva UAB. The Affidea Group is, according to its own information, the largest European provider of advanced diagnostic imaging, out-of-hospital treatment and cancer screening. With this transaction, SYNLAB intends to optimize its investment portfolio and focus more strongly on its core markets. The parties involved have agreed not to disclose further details.A CMS team headed by lead partner Dr Christoph Lächler provided comprehensive legal advice to SYNLAB International on the entire transaction. In particular, in addition to the purchase agreement documentation, an agreement on transitional services to be provided by the SYNLAB Group after completion of the transaction was also concluded. With regard to points of contact with Lithuanian law, the CMS team was supported by Deimantė Pagirienė of the World Law Group law firm COBALT Lithuania. Dr Fabian Walla, Group General Counsel, and Dr Peter Macheiner, Head of Legal M&A and Procurement, at SYNLAB in Munich, acted as in-house counsel. SYNLAB is a long-standing client of CMS and regularly relies on the expertise of the Corporate/M&A team led by Dr Christoph Lächler, most recently on the sale of its veterinary diagnostics division, SYNLAB VET, to a subsidiary of the US Mars Group. Press Con­tact presse@cms-hs. com

Stuttgart – ARTiBack GmbH, based in Halle (Saxony), has been sold to Schwarz Produktion, the umbrella brand for the Schwarz Group’s production facilities. Going forward, ARTiBack will help cover the...

Stuttgart – The SYNLAB Group, a leading provider of medical diagnostic services and specialist tests in Europe, has sold its Veterinary Diagnostics business (SYNLAB VET) to a subsidiary of US group...

Stuttgart – Demeter, a major European private equity investor in the sustainability segment, has invested in Egret, a Hamburg-based developer and manufacturer of high-quality, foldable and innovative...

Stuttgart – Private equity firm Seafort Advisors is selling the Noventiz Group, a certified waste management company and provider of packaging compliance services. The buyer is Reconomy Ltd., a leading...

Stuttgart – Company founder Heinz-Peter Fichter and other shareholders have sold the mail-order business of online pharmacy Apotal and its diabetes division to the listed Zur Rose Group of Switzerland...

Stuttgart – The GPE Group has acquired all the shares in the NICOLAY Group, a manufacturer of products used for non-invasive patient monitoring. The deal further strengthens GPE’s expertise in medical...

Stuttgart – Evago Holding GmbH, one of the world’s leading companies in the field of temporary infrastructure, has gained Berlin-based investor KKA Partners as a strategic partner.A CMS team headed...

Getting the Deal Through – Healthcare M&A explores the main issues in healthcare M&A transactions. It also acts as a comparative legal guide for cross border or multi-jur­is­dic­tion­al activities and a...