EY Deals

Februar 2024

EY berät VALUES Real Estate beim Erwerb von zwei Ärztehäusern in Regensburg.

Die nahe beieinander gelegenen Ärztehäuser verfügen über rund 6.500 Quadratmeter Mietfläche. Sie sind langfristig an insgesamt 20 Ärzte bzw. Fachärzte vermietet. Die beiden Immobilien werden Teil des institutionellen Fonds VALUES Health Invest I, der ambulante Ärztehäuser und medizinische Versorgungszentren im Core/Core-Plus-Bereich im Fokus hat. Verkäufer der beiden Objekte sind die Schmack Immobilien GmbH und Ferdinand Schmack jun. GmbH. Das Closing erfolgte zum 15. Februar 2024. Über den Kaufpreis haben beide Parteien Stillschweigen vereinbart.

Der Fonds VALUES Health Invest I mit dem Risikoprofil Core/Core Plus investiert im Auftrag institutioneller Investoren in Ärztehäuser und Medizinische Versorgungszentren. Er wird von der hauseigenen KVG von VALUES Real Estate verwaltet.

Die Transaktion erfolgte seitens Values Real Estate unter der professionellen fachlichen Leitung von Thilo Wagner und Bent Roggenbock.

Das EY-Steuerteam (Boris Bergemann (Partner) und Vicky Dackweiler(Senior Manager)) unterstützte VALUES Real Estate auf Käuferseite mit steuerlicher Due Diligence und transaktionsbezogenen Steuerdienstleistungen. 

February 2024

ITIS Holding has signed an agreement to acquire VITRONIC Group, an industrial image processing company from Germany. The completion of the transaction is subject to regulatory approvals from antitrust authorities in Germany and other relevant countries.

ITIS Holding focuses on the technology development for transport infrastructure and automation. ITIS Holding is a part of PPF Group, a Czech investment firm founded in 1991. With 52,000 employees, the group operates in 25 countries globally and invests in telecommunications, media, financial services, e-commerce, real estate, mechanical engineering, and biotechnology.

Founded in 1984, VITRONIC has been operating in the field of industrial image processing for almost 40 years. With activities in traffic control, toll systems, and industrial automation, VITRONIC is represented worldwide in numerous industries and markets. The company operates worldwide with around 1,400 employees.

EY supported ITIS Holding in the acquisition with financial and tax due diligence as well as tax structuring support in multiple jurisdictions.

The EY tax team was led by Dr. Philipp Kühner and further included Daniel Löblich and Leif Weimann. Dr. Erik Lehmann, Ersin Oezpolat and Esther Brand carried out the financial due diligence services.

For more insights about EY’s buy-side transaction services, click here:
Buy and Integrate | EY - Deutschland

For more insights about EY’s transaction tax services, click here: Transaktionsberatung in den Bereichen Steuern, Recht und Personal | EY - Deutschland

January 2024

Aquila Group has consented to divest a 74.9% stake in Aquila Capital Investmentgesellschaft to Commerzbank. As the seller, Aquila Group reaffirms its long-term commitment to the company and asserts it will continue to shape its future growth. The transaction is slated to close within the second quarter of 2024.

Aquila Capital Investmentgesellschaft is part of Aquila Group, which manages EUR 14.6 billion on behalf of global institutional investors. It specializes in investing in clean energy and sustainable infrastructure.

Aquila Group was established in 2001 and has 19 offices and more than 650 employees worldwide. Together with its subsidiaries, Aquila Group is engaged in the investment and management of real assets in the areas of wind energy, solar PV, hydropower, sustainable real estate, green logistics, forestry and data centers.

Commerzbank, headquartered in Frankfurt, is a major German universal bank with global outreach. Founded in Hamburg in 1870, it is now among the largest credit institutions in Germany, serving around 26,000 corporate client groups and nearly 11 million private and small-business customers.

The intention of this collaboration is to significantly accelerate Aquila Capital Investmentgesellschaft’s growth and develop it into one of the leading asset managers for sustainable investment strategies in Europe.

EY supported Aquila Group in this transaction with comprehensive sell-side advice on financial and tax due diligence.

EY’s financial due diligence team consisted of Alexander Misgeld (Team Lead), Erik Lehman, Tom Fischer, and Igor Aniskovich. The tax due diligence team consisted of Florian Ropohl (Senior Partner), Andreas Dietrich (Team Lead) and Tom Hallfell.

For more insights about EYs strategy and transaction services, click here: Sell and Separate | EY - Deutschland

For more insights about EYs transaction tax services, click here: Transaktionsberatung in den Bereichen Steuern, Recht und Personal | EY - Deutschland

EY Real Estate advised Bau-Verein zu Hamburg Immobilien GmbH and BV Hamburger Wohnimmobilien GmbH on the sale of a residential real estate portfolio with about 170 units in prime locations of Hamburg to investment manager Deutsche Investment. The total lettable area amounts to 9,500 square meters. The acquisition was signed in August 2023 and realized via an individual mandate of the investment manager.

The fully let portfolio is located in Hamburg-Neustadt and Hamburg-Fuhlsbüttel with main focus in prime locations between Elbe and Alster, close to ‘Großmarkt’ and ‘Stadthausbrücke’ of Hamburg.

EY Real Estate structured the whole sales process and acted as exclusive lead M&A real estate advisor to the seller. The EY deal team was led by Lothar Rose and Steffi Gottschling with excellent support by Dominik Reeß and Cynthea Aydin.

For more insights about EYs sell-side advisory services, click here: Sell and Separate | EY - Deutschland

For more insights about EY Real Estate Real Estate, Hospitality & Construction services, click here: Immobilien- und Bauwirtschaft | EY - Deutschland

November 2023

thyssenkrupp Steel Europe AG, a manufacturer and supplier of steel composite materials, agreed to divest 49% of its stake in Thyssenkrupp Steel Logistics GmbH to duisport Gruppe to establish a joint venture. The joint venture is expected to commence joint operations in the first half of 2024.

thyssenkrupp Steel Logistics GmbH, with around 300 employees, has an extensive port complex that includes the Schwelgern and Walsum works ports as well as connected units. Currently, the handling volume is around 25 million tons per year.

duisport Gruppe, also based in Duisburg, Germany, is the owner and operator of the port of Duisburg. duisport Gruppe acts as a global full-service provider for comprehensive logistics solutions.

The formation of the joint venture aims to pool the resources of both parties, professionalize processes, utilize existing capacities to third-party customers and jointly drive the transformation at the largest steel site in Europe.

The joint venture is subject to the approval of the relevant merger control authorities and supervisory bodies.

EY provided comprehensive M&A sell-side advisory services to thyssenkrupp Steel Europe AG throughout this transaction.

EY’s M&A sell-side advisory team comprised of Axel Kirch (Partner & Project Lead), Katarina Kasner (Director & Project Lead), Edgar Schneider (Manager), Luca Skroblyn (Manager), and Marie Helen Hamann (Consultant).

For more insights about EYs strategy and transaction services, click here: Sell and Separate | EY - Deutschland

October 2023

PATRIZIA, a leading partner for global real assets, has entered into a binding agreement for a transaction in an EV charging rollout program in Germany through its flagship European Infrastructure Fund series. The deal is marking the company’s entry into EV charging as well as the first investment in Germany for its European Infrastructure Fund series. Through the investment, the deployment of 400 ultrafast Numbat EV charging stations at 200 Tegut supermarkets across Germany is financed.

Founded in 1984, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 39 years, manages around EUR 58 billion in assets and employs over 1,000 professionals at 28 locations worldwide.

Numbat has a unique solution for the e-mobility sector with technology that combines ultrafast charging, battery storage and advertising screens.

EY supported PATRIZIA with integrated buy-side transaction advisory services, including financial and tax due diligence services as well as tax structuring advice.

Heiko Daus and Dr. Gunnar Gerig were leading the financial team with support from Gerd Winterling, Sven Wittenburg, Hans Georg Rudolph, Nataliia Buratchuk, Jens Gerke and Björn Wala. Tax advisory was led by Dr. Florian Ropohl with the support from Tom Hallfell, Max Ahsbahs and Vanessa Günther.

For more insights about EY’s buy-side transaction and M&A advisory services, click here:
Buy and Integrate | EY - Deutschland

For more insights about EY’s transaction related tax services, click here: Transaktionsberatung in den Bereichen Steuern, Recht und Personal | EY - Deutschland

September 2023

REMIRA Group GmbH (hereinafter “REMIRA”), a specialist in supply chain and omnichannel commerce IT, has reached an agreement to acquire two Italian software companies, namely Optisoft S.r.l. ("Optisoft") and Gea Soft S.r.l. ("Gea Soft").

REMIRA, a portfolio company of Berlin-based financial investor Elvaston Capital Management, is a leading supply chain and omnichannel commerce IT specialist across major European markets. REMIRA supports its customers along the entire supply-chain with AI-supported cloud solutions in the areas of planning, purchasing, manufacturing, transport, warehousing, and commerce. REMIRA has 500 employees serving ~2,000 customers globally in the retail, logistics, fashion, and industrial sectors.

Optisoft is software a developer based in Sarzana. specializing in software solutions for transportation management, customs administration, and shift planning. The company’s software suite supports clients in optimizing their business processes, especially in logistics, travel and transportation. Optisoft’s solutions allow clients to optimize road trips for the delivery of goods, plan duty shifts of employees, and to handle processes within customs administration. The company also offers expert IT consultancy services alongside training courses.

Gea Soft, based in Lucca, is a well-established software service provider in the fashion industry, specializing in solutions for the footwear, leather goods, and fashion accessories sectors. The company offers a suite of modular software solutions tailored for planning and production management within the shoe and leather goods sectors. With over 25 years of experience, Gea Soft is a market leader in these areas, thanks to its extensive expertise gained through partnerships with major Italian and international fashion houses.

The acquisitions are part of REMIRA's growth strategy, enhancing the Group's international market position and reinforcing its competitive presence in Italy. The expertise and solutions of the two target companies complements REMIRA's existing solution portfolio, enabling the group to offer a competitive and vertically integrated product portfolio.

EY successfully supported REMIRA in these transactions and acted as the exclusive M&A buy-side advisor. EY’s services included financial advice regarding valuation, defining the bidding strategy, providing due diligence coordination, cross-border expertise, and supporting REMIRA to close these transactions.

The Berlin-based EY M&A advisory team was led by Frank Latka and Hendrik Blumenstock with support from Philip von Hülst and Davide Cimò.

For more insights about EY’s buy-side transaction and M&A advisory services, click here: Buy and Integrate | EY - Deutschland

August 2023

Asterion Industrial Partners (Asterion) has agreed to acquire German energy utility STEAG GmbH for an enterprise value of EUR 2.6 billion from the consortium Kommunale Beteiligungsgesellschaft (KSBG).

Headquartered in Marid, Asterion Industrial Partners is an independent investment management firm focusing on European infrastructure middle market, especially in the fields of energy and utilities, telecommunications, and mobility.

STEAG GmbH has a long history in power generation from local German coal. In recent years STEAG started a green transformation process and created Iqony as new brand. Under the Iqony umbrella the activities around wind, solar, district heating, waste-to-energy, batteries and other decentral energy solutions are combined.

EY supported Asterion in this transaction with integrated buy-side transaction services comprising financial due diligence (Robert Wienken), tax due diligence (Patrick Gageur), HR/pension due diligence (Bastian Nieuwenhuis), IT/Cyber due diligence (Lars Schwarze/Martin Hampel), operative separation due diligence (Fabian Frohn) and modeling support (Dominika Ermitsch).

August 2023

EY Real Estate advised one of its clients on the sale of a representative office building in the center of Hamburg to a European Investor.

The fully let “Kontorhaus” located in a prime location of Hamburg-Altstadt comprises a total lettable area of approx. 6,300 square meters.

EY Real Estate structured the sales process and acted as exclusive lead M&A real estate advisor to the seller. The EY deal team was led by Paul von Drygalski MRICS, Lothar Rose MRICS and Natascha Jahnke.

For more insights about EYs sell-side advisory services, click here: Sell and Separate | EY - Deutschland

For more insights about EY Real Estate Real Estate, Hospitality & Construction services, click here: Immobilien- und Bauwirtschaft | EY - Deutschland

July 2023

A fund advised by DBAG, a German PE firm, has reached an agreement to acquire a majority stake in Avrio Energie, a German best in-class biogas platform, from the founders of AVRIO Energie GmbH and the family-owned Leyendecker Group. The consummation of the purchase agreement is expected end of July 2023.

Avrio Energie, which is part of the family-owned Leyendecker Group based in Frankfurt, Germany, has established itself as a best-in-class operator of renewable energy plants. The company’s portfolio includes a state-of-the-art biogas plant that generates both electricity and biomethane from agricultural products and animal residues, thus helping to improve the carbon footprint of biomethane customers.

The investment in Avrio Energie underscores DBAG’s commitment to supporting sustainable solutions by actively participating in the energy transition with further capital earmarked to expanding Avrio Energie’s business.

EY Germany supported DBAG in this transaction with comprehensive buy-side advice on the legal aspects as well as on financial and tax due diligence.

Kerstin Henrich (Partner) led the legal due diligence team and the SPA, while Maximilian Menges (Partner) led the negotiations of the shareholders' agreement with the sellers. Alexander Gerdenitsch (Director) led the financial due diligence team with support from Maximilian von Loeper (Manager). Florian Behne (Partner) led the tax team supported by Tom Hallfell (Manager).

For more insights about EY’s buy-side transaction services, click here: Buy and Integrate | EY - Deutschland

For more insights about EY’s transaction tax services, click here: Transaktionsberatung in den Bereichen Steuern, Recht und Personal | EY - Deutschland

For more insights about EY’s legal services, click here: ey-law.de/de_de/rechtsberatung/mergers-acquisitions

July 2023

thyssenkrupp nucera AG & Co. KGaA announced its successful IPO on the Frankfurt Stock Exchange. The final offer price implied a market capitalization of thyssenkrupp nucera of EUR 2.53 billion.

thyssenkrupp nucera offers world-leading technologies for high-efficiency electrolysis plants. With more than 600 completed projects, 240,000 electrolysis cells produced and over 10 gigawatts of installed electrolysis capacity, the company is a market leader in the chlor-alkali business. Its project experience in chlor-alkali spans over five decades. The development and expansion of alkaline water electrolysis, which produces green hydrogen on a large scale, is based on this strong expertise. With its green hydrogen technology, the company helps its customers minimize their carbon footprint and become climate neutral. 

Under the leadership of Peter Krzyzanowski and David Uebel, the EY team provided support during the IPO readiness process, in particular with the adaptation of structures and processes of the finance organization as well as with the preparation of historical financial information for the IPO prospectus.

In addition, the EY-Parthenon Carve-out Team led by Fabian Frohn supported the operational separation in preparation for the IPO. 

For more insights about EY’s sell-side transaction services, click here Sell and Separate | EY - Deutschland

For more insights about EY-Parthenon’s transaction services, click here: EY-Parthenon

For more insights about EY’s quarterly IPO trends report, click here: IPO | EY – Deutschland

June 2023

Mitsui & Co. Ltd., a publicly listed and diversified general trading company based in Japan, has signed an agreement with Celanese Corporation, an American manufacturer in the chemicals and advanced materials sector, to acquire a 70% stake in its wholly owned subsidiary Nutrinova Netherlands B.V. (“Nutrinova”).

Nutrinova manufactures and distributes functional food ingredients: The company produces the high-intensity sweetener acesulfame potassium for application in food and beverages and the preservatives sorbic acid and potassium sorbates. While acesulfame potassium is applied in the production of foods with low calories and carbohydrate content, sorbic acid and potassium sorbates extend shelf life of food and beverages thus reducing food losses.

EY supported Mitsui & Co. in this transaction with integrated buy-side advice on financial, tax, carve-out, operational, IT & cyber and pension matters with a multinational team from Japan and Germany. EY-Parthenon supported with operational and IT & cyber due diligence out of Germany.

Bastian Bender and Christopher Grüne carried out the operational due diligence with support from Oliver Fritzsch. Sandra Zahn and Charlotte Johanna Stiglmayr performed the IT & cyber due diligence with support from Martin Hampel and Dirk Becker. Dr. Henning Curti and Malte Gribisch carried out the pension due diligence with support from Edwin Jabss.

For more insights about EY-Parthenon’s transaction services, click here: EY-Parthenon

For more insights about EY’s buy-side transaction services, click here: Buy and Integrate | EY - Deutschland

June 2023

Messer acquires all shares in Messer Industries from the previous minority owner CVC Capital Partners Fund VII - rapid integration of Messer Industries into Messer SE & Co. KGaA planned.

Messer, the world's largest privately held specialist for industrial, medical and specialty gases, will become the sole owner of the joint venture Messer Industries. In parallel, Messer brings in GIC, a global institutional investor, as its partner to become the long-term minority shareholder in Messer. The transaction between Messer and CVC as well as the entry of GIC are still subject to the usual regulatory approvals.

EY supported Messer Group in this transaction and acted as a tax advisor offering Tax Sell-Side support (Tax Fact Book), Tax Structuring und SPA support services in close cooperation with Messer’s inhouse tax advisor Sven Henke and EY colleagues from more than 10 countries.

EY’s Tax Team: Florian Ropohl (Partner), Niclas Hahn (Partner), Lars Johannsen (Director), Jonas Borgmann (Manager), Nele Brackmann (Senior), Amelie Warneke, Viktoriya Khuvis (both Consultants).

For more insights about EY’s tax services, click here: Transaktionsberatung in den Bereichen Steuern, Recht und Personal | EY - Deutschland. For more insights about EY’s transaction services, click here: Buy and Integrate | EY - Deutschland and Sell and Separate | EY - Deutschland

May 2023

Continental sold its plant in Kaluga and its tire distribution unit in Moscow to Russian investor S8 Capital. With this transaction, Continental divested the majority of its Russian activities. The closing of the transaction has been announced on May 22nd, 2023.

Continental produced passenger tires at the plant in Kaluga. Air conditioning and power steering lines as well as parts for air suspension systems for the Russian market were also manufactured there. The sale also includes a distributorship in Moscow that belonged to the Tires group sector.

S8 Capital is a Russian investment holding with over 7,000 employees mainly focusing on high-tech products and services, large-scale industrial, construction and digital businesses. The acquisition accompanies S8 Capital’s business strategy, which is constantly seeking for investment opportunities to expand its local industrial operations.

EY Germany/UK supported Continental in this transaction and acted as exclusive M&A advisor offering comprehensive sell-side services across the entire M&A process value chain.

The multinational EY deal team consisted of Stephan Hellmann (Joint Lead M&A Partner, EY Germany), Ruben Israelyan (Joint Lead M&A Partner, EY UK), Dr. Daniel Blum (Director, EY Germany), Artem Khomyakov (Senior Manager, EY UK), Alan Khalaf (Manager, EY Germany), Daniel Bläsius (Manager, EY Germany), Evgenii Zotov (Senior Consultant, EY UK) and Holger Fehlbier (Global Client Relationship Service Partner).

For more insights about EYs sell-side advisory services, click here: Sell and Separate | EY - Deutschland

April 2023

Robert Bosch GmbH, the leading German multinational engineering and technology company, executed a transaction to sell its Russian industrial plant in Engels (Russia) to Russian investor S8 Capital. The transaction covered three business activities, including assets of Robert Bosch Group’s local operations related to spark plugs, power tools and heating boilers – comprising a combined workforce of approximately 900 employees. The closing of the transaction took place on April 28th, 2023. The deal follows Robert Bosch’s strategy to exit its activities in Russia.

S8 Capital is a Russian investment holding with over 7,000 employees mainly focusing on high-tech products and services, large-scale industrial, construction and digital businesses. The acquisition accompanies S8 Capital’s business strategy, which is constantly seeking for investment opportunities to expand its local industrial operations.

EY supported Robert Bosch GmbH in this complex and challenging transaction and acted as exclusive M&A and Financial advisor, offering comprehensive cross-border sell-side services across the entire deal process.

The multidisciplinary EY deal team consisted of M&A Advisory professionals Stephan Hellmann (Lead Partner, EY Germany), Ruben Israelyan (Partner, EY UK), Dr. Daniel Blum (Director, EY Germany), Igor Andreev (Manager, EY Germany), Alan Khalaf (Manager, EY Germany), Evgenii Zotov (Senior Consultant, EY UK), Tobias Schlichthärle (Consultant, EY Germany) and were accompanied by Transaction Diligence professional Kathrin Hergenröder (Partner, EY Germany) as well as Holger Fehlbier (Partner, EY-P Germany) and Maximilian Genser (Director, EY-P Germany) for IT Carve-out services.

For more insights about EYs sell-side advisory services, click here: Sell and Separate | EY - Deutschland

May 2023

Vision Capital and Rubicon Partners successfully closed the sale of their portfolio company ABL-TECHNIC Group to Star Capital in April 2023. 

ABL-TECHNIC, headquartered in Leutkirch, Germany, is a global provider of chemical and thermal de-coating services for customers in industrial products and automotive sectors. The company operates 20 de-coating facilities across 10 countries with a global workforce of more than 500 employees.

EY-Parthenon supported Vision Capital and Rubicon Partners in this transaction with integrated commercial & operational sell-side due diligence services.

Georg Hochleitner was leading the EY-Parthenon engagement. He was supported by Dr. Johannes Zuberer and Timo Hofmann (commercial due diligence) and Dr. Dierk Buss and Christopher Grüne (operational due diligence).

For more insights about EY-Parthenon services, click here: About EY-Parthenon | EY - Deutschland

April 2023

Deutsche Börse AG and SimCorp A/S have entered into a binding agreement on April 27, pursuant to which Deutsche Börse AG will make an all-cash voluntary recommended public takeover offer to acquire all of the shares (except treasury shares) in SimCorp A/S at a price of DKK 735.0 per share, valuing the entire issued capital of SimCorp A/S at EUR 3.9 billion. The transaction is subject to regulatory and final shareholder approvals. It is expected to be completed in the third quarter of this year.

SimCorp A/S is a renowned provider of integrated investment management solutions, headquartered in Copenhagen, Denmark. The transaction will significantly expand Deutsche Börse AG’s total addressable market and builds on the already successful cooperation initiated in 2021 between SimCorp A/S and Qontigo, a subsidiary of Deutsche Börse AG. 

In parallel, Deutsche Börse AG aims to accelerate the development of its Data & Analytics segment to drive additional growth and efficiencies. Jointly with General Atlantic it intends to combine Qontigo and ISS, with General Atlantic becoming the sole minority shareholder of the combined Qontigo entity. Together with SimCorp A/S, the intended Qontigo/ISS combination will transform Deutsche Börse AG’s Data & Analytics segment into an Investment Management Solutions segment. 

Joint EY and EY-Parthenon teams from Germany, UK and Denmark supported DEUTSCHE BÖRSE in this landmark acquisition, providing strategic, financial and tax advice.

The German team consisted of Thomas Koss, Christopher Schmitz, Patrick Kugler and Thomas Lenz. The UK team consisted of Matthew Tucker, Jamal Dar, Tina Ganatra, Giovanni Della Selva, Sagar Bansal and Rachael Holt. They were supported by the Danish team led by William Sejr-Sørensen.

For more insights about EY’s financial services offerings, click here: Finanzdienstleistungen | EY - Deutschland

April 2023

AURELIUS Investment Lux One S.à r.l. (hereinafter “AURELIUS”), a private equity group, has reached an agreement to acquire LSG Group International (hereinafter “LSG Group”), a global airline caterer, from Deutsche Lufthansa AG. The transaction is expected to close in Q3 2023, subject to approval by the relevant competition and regulatory authorities.

The carve-out transaction includes all classic catering, onboard retail and food commerce activities and brands of the LSG Group, with all 131 LSG Sky Chefs Customer Service Centers (CSCs) in the Americas (US and Latin America), EMMA (Emerging Markets) and Asia-Pacific regions, plus onboard retail expert Retail InMotion (RiM), based in Europe, and SCIS Air Security Services in the US.

The LSG Group is headquartered in Neu-Isenburg, near Frankfurt, Germany. LSG Group is a global integrated airline caterer and onboard retail provider. In recent years, it has also developed an extensive presence across the growing food commerce industry. LSG Group is present in 49 countries and serves its global clients around 275 million classic airline catering meals per year. LSG Group has around 19,000 employees worldwide and operates 36 joint ventures across the globe.

The acquisition underlines AURELIUS´ expertise in delivering very complex corporate carve-outs on a global scale. Its operational specialists will support the LSG Group in growing its market-leading position, focusing on the three pillars of airline catering, onboard retail, and food commerce.

EY Germany and EY US tax teams supported AURELIUS in this transaction and acted as a buy-side advisor offering tax due diligence and tax structuring services.

The German tax team was led by Lukas Kronen with support from Laura Peschel and Michelle Roth. The US tax team consisted of Douglas Miller, Trevor MacNeill and Brandon E Claye.

For more insights about EY’s tax services, click here: Transaktionsberatung in den Bereichen Steuern, Recht und Personal | EY - Deutschland

March 2023

Apleona, a PAI Partners owned European integrated facility management company, has reached an agreement to merge with Gegenbauer Group operating in the same sector. With the merger, Apleona will become an integrated real estate services company with over 40,000 employees throughout Europe and annual sales of around EUR 3.5 billion. The closing of the merger is subject to the approval of the relevant authorities.

Apleona is based in Neu-Isenburg near Frankfurt am Main, Germany, and operates in more than 30 countries worldwide. Its service offering includes integrated facility management, building technology and interior fit-outs as well as commercial building management. Its primary customers include well-known industrial companies, financial institutions and institutional real estate investors.

Gegenbauer Group with its 18.000 employees is primarily active in Germany and generates a turnover of approx. EUR 900 million. Approx. 50 percent of this relates to technical FM services, the other half to infrastructural services such as cleaning.

With this transaction, Apleona will be even better positioned in future as an integrated facility management provider to industrial companies, financial institutions and institutional real estate investors.

PAI Partners will remain the majority shareholder after the merger.

EY supported Apleona in this transaction with comprehensive buy-side transaction advisory services including financial and tax due diligence, tax structuring as well as support on SPA & legal document review from a tax perspective.

The financial due diligence services were carried out by Natalie Mackscheidt (team lead) together with Michal Cvejn, Ignacio Madariaga Fernandez and Jamal Baghirov. The tax services were carried out by Lukas Kronen (team lead) together with Gina Anders, Michelle Roth and Jan Uebbing.

February 2023

REMIRA Group GmbH (hereinafter “REMIRA”), a supply chain and omnichannel commerce IT specialist, has reached an agreement to acquire three Italian software companies, namely Proelia Sistemi Srl, Giuneco Srl and IambOO Srl.

REMIRA, a portfolio company of Berlin-based financial investor Elvaston Capital Management, is a leading supply chain and omnichannel commerce IT specialist in Germany. REMIRA supports its customers along the entire supply-chain with AI-supported cloud solutions in the areas of planning, purchasing, manufacturing, transport, warehousing and commerce. REMIRA has 550 employees serving 3,000 customers globally in the retail, logistics and industrial sectors.

Proelia Sistemi Srl, a Prato-based IT solutions provider, provides the management of maintenance, composition, and made-in textile labels through its proprietary software solution. Additionally, it also offers a laboratory management software for leather goods and textiles to manage all laboratory analysis of materials. Renowned international fashion brands are part of their esteemed customer base.

Giuneco Srl is based in Firenze and is a certified cloud application developer, with a focus on Azure technology. The company is an expert in migrating traditional IT-applications to the cloud and fostering the digitization of Italian companies. Prestigious international brands rely on Giuneco’s solutions.

IambOO Srl, from Pontedera, is specialized in agile software development and coaching as well as Cybersecurity services. The company also develops applications in the mobile environment and offers its solutions mainly to leading Italian corporations.

The acquisitions are part of REMIRA’s growth strategy and benefits its target to establish a strong and competitive market position in Italy. The company aims to create synergies for sustainable economic success of its customers with the end-to-end offering of AI-supported cloud solutions.

EY successfully supported REMIRA in these transactions and acted as the exclusive M&A buy-side advisor. EY services included financial advice regarding valuation, defining the bidding strategy, providing due diligence coordination, cross-border expertise, and assisting REMIRA with the final negotiations.

The Berlin-based EY M&A advisory team was led by Frank Latka and Hendrik Blumenstock with support from Philip von Hülst and Davide Cimò.

January 2023

European Healthcare Acquisition & Growth Company B.V. (hereinafter “EHC”), a Dutch special purpose acquisition company (SPAC), has reached a business combination agreement with Croma-Pharma GmbH (hereinafter “Croma”), an Austrian differentiated leader in the field of minimally invasive aesthetics and reconstructive medicines.

Upon closing of the transaction, the combined company named “Croma N.V.” is expected to be converted into a public limited company at an enterprise value of EUR 850 million. The transaction is expected to complete in the second quarter of 2023, with the combined company to continue to trade on the regulated market of Euronext Amsterdam.

EHC is an operators-led special purpose acquisition company established to acquire one or more companies in the Europe healthcare market. With its exclusive focus on healthcare, EHC is the first acquisition company of its kind in Europe and is therefore in a good position to participate in the investment opportunities driven by underlying market trends.

Founded in 1976, Croma is a family business based in Leobendorf, Austria. It is a global company in the field of minimally invasive aesthetics and a leading manufacturer of hyaluronic acid fillers and HA-based products for reconstructive applications in orthopedics and ophthalmology. Croma offers a comprehensive portfolio for aesthetic medicine, including botulinum toxin, fillers, threads and biostimulators, as well as its own complementary skincare range. The company operates as a contract manufacturer in ophthalmology and orthopaedics, serving 80 markets worldwide with its 550 employees in 13 subsidiaries in Europe and Brazil, two joint ventures and 60 exclusive export partners.

With the acquisition, Croma will be indirectly listed on Euronext Amsterdam and will thus gain access to the capital market. EHC aims to support Croma in bringing more innovative aesthetic products to market that enhance patient well-being and have positive psychological effects, thereby strengthening Croma’s technology and product pipeline.

EY supported EHC in this transaction and acted as a buy-side advisor offering financial due diligence services. The EY team consisted of Johannes Stroumbos (Partner), Thomas Filipczyk (Partner) and Peter Kalender (Senior Manager).

January 2023

Nakanishi Inc., a Japanese dental, medical and industrial products manufacturer, via its German subsidiary Nakanishi GmbH, has reached an agreement to acquire all equity interest of Bernd Jäger Verwaltungsgesellschaft mbH & Co KG (hereinafter “BJV”) and its subsidiary Alfred Jäger GmbH (hereinafter “Alfred Jäger”).

Nakanishi Inc. is a Japan-based company specializing in the three core technologies high-speed rotary technology, ultrasound technology and micro motor technology and offering its products in the dental, surgical, and industrial fields. It provides high precision spindles as its main product in its industrial business lineup, which is being used in a wide range of industrial areas such as electric, automobile, aircraft, medical equipment, and precision parts. The company develops and produces its products from three locations in Japan and has created a strong sales network in Japan, the United States and China.

Founded in 2000 in Germany, Alfred Jäger is engaged in the development, manufacturing and sales of high-performance HF spindles and high output electric motors. The company has its focus on high frequency precision spindles, especially in the field of dental CAD-CAM applications, and operates a strong sales network in the European market.

With the acquisition of BJV’s equity interest and the incorporation of Alfred Jäger into its existing business, Nakanishi Inc. aims to increase its business competitiveness by lifting synergistic effects on its product lineup and sales operations and expand its market share through the improved product lineup and cross-selling opportunities.

EY supported Nakanishi Inc. in this transaction and acted as a buy-side advisor offering financial transaction diligence and tax due diligence services.

The financial transaction diligence team consisted of Simone Kühl (team lead), Philipp Müsker and Frederic Stier. The tax due diligence team consisted of Jeanine Karen Dorling (team lead), Eva Terstappen and Niclas Stahl.

January 2023

Hobe GmbH (“Hobe”), a German micro precision tools manufacturer, has divested all its shares to Indutrade AB (“Indutrade”), a Swedish stock listed technology and industrial business group. With the acquisition, Hobe is planned to be included in Indutrade's business area DACH. The closing of the transaction took place on January 10th, 2023.

Founded in 1971, Hobe is a Baienfurt-based niche manufacturer of micro precision tools for the ultra-high precision shaping of interior profiles in very small bores. The company develops, manufactures, and distributes high-quality micro tools made of solid carbide for the machining of complex inner geometries of metal, plastic, and ceramic components. In addition, Hobe offers high precision cutting applications for bespoke client applications as well as milling tools for the production of heavy-duty stone drill bits. It serves customers in industries such as medical technology, dental implants, micro mechanical engineering, electronic components, construction and measuring technology.

Indutrade is a listed company on the Stockholm stock exchange and an international technology and industrial business group, engaged in developing, manufacturing, and selling components, systems and services with significant technical content exposure in selected niche industries. Currently, it consists of more than 200 companies in 30 countries, mainly in Europe, and aims to provide profitable growth by developing and acquiring successful companies. The acquisition will strengthen Indutrade's position in attractive market segments and is expected to have a marginally positive impact on Indutrade's earnings per share.

EY supported the shareholders of Hobe (Family Trust Investor, Aurelius Growth Investments, Hobe’s CEO Dr. Jens-Jörg Eßer and further private investors) in this transaction and acted as a Financial M&A advisor offering comprehensive M&A sell-side services across the entire M&A process value chain, e.g. preparation of sell-side marketing documentation, selection and approach of investors, coordination of the complete transaction due diligence process, conducting valuation analysis, tactical-strategic deal advisory, negotiation of terms and conditions as well as providing advisory services on commercial/financial aspects of the sale and purchase agreement.

The EY deal team consisted of Stephan Hellmann (lead Partner), Dr. Daniel Blum, Daniel Bläsius and Dominik Miczka.

January 2023

Innok Robotics GmbH (“Innok Robotics”), a German robotic technology start-up, has raised EUR 5 million in a fundraise led by Heinz Ferchau the founder of Ferchau Engineering GmbH, a German engineering services company.

Founded in 2012, Innok Robotics is one of the technology and market leaders in autonomous mobile robots (AMRs), developing and producing fully integrated and reliable AMR systems that include navigation and control software Innok COCKPIT as well as robust vehicle hardware and state-of-the-art 2D/3D laser sensor technology. In addition to indoor use, they can also operate autonomously outdoors, in combined indoor-outdoor missions and in difficult terrain. Application areas where Innok's AMR systems are being used include factories, logistics centers, mines, and oil refineries.

EY supported Innok Robotics in this transaction and acted as a financial advisor offering comprehensive fundraising advice including the identification and approach of strategic and financial investors, developing of marketing documents as well as offering strategic-tactical support, acting as sparring partner throughout the transaction process.

The M&A deal team was led by Markus Fischer with support from Jasmin Gärtner and Nam Le. 

December 2022

Borromin Capital Fund IV (Borromin Capital Fund IV SCS, SICAV-RAIF) has agreed to acquire a stake in Eberle Controls GmbH (EBERLE), a German provider heating and air conditioning solutions. Norddeutsche Landesbank, a German commercial bank, is supporting the transaction with acquisition financing and a working capital loan.

Founded in 1932, EBERLE is headquartered in Nuremberg, Germany and has been a part of the internationally active Schneider Electric Group. EBERLE provides innovative heating and air-conditioning solutions for private households as well as public and commercial buildings. It focuses on energy-efficient temperature control systems and the electrotechnical installation products, covering the entire value chain from development to purchasing, assembly, sales, warehousing, and after-sales service.

Borromin is an independent private equity company focusing on medium-size businesses within German speaking European countries and the Benelux states. Funds initiated and advised by Borromin invest in mid-size companies and provide equity for succession issues, management buy-outs and capital for growth opportunities.

With the acquisition, Borromin aims to drive the geographical expansion of EBERLE and to support further structural and strategic development of the company and its employees.

EY supported Borromin Capital Fund IV in this transaction and acted as a buy-side advisor offering comprehensive financial due diligence and tax advisory services.

The Financial Due Diligence Team was led by Kerstin Leuschner. Tax due diligence, tax structuring as well as SPA review services were carried out by project lead Susanne Dangir together with Birgit Normann, Johannes Hothneier and Thanh Son Nghiem. Wage tax and social security contribution advice were provided by Gesine Döring and Dominik Mucha. Thomas Soehner, Marcel Späth and Lena Schleier performed VAT advisory services.

November 2022

Oiltanking GmbH, a German subsidiary of Marquard & Bahls AG, and Oiltanking India GmbH, a German subsidiary of Oiltanking GmbH, have divested their 49.38% stake in Indian Oiltanking Limited (IOTL) and 10% stake in IOTL’s subsidiary IOT Utkal Energy Services Limited to Adani Ports and Special Economic Zone Limited (“APSEZ”) for a base consideration of approximately EUR 125 million. The transaction is subject to customary approvals.

Oiltanking GmbH is one of the largest independent tank storage providers for oil, gas, chemicals and petroleum products worldwide.

IOTL is an Indian midstream infrastructure service and solution provider to the oil, gas and chemical industries with domain expertise in build capabilities (EPC), terminalling services and renewable energy.

Adani Ports and Special Economic Zone Limited, part of the Adani Group is an integrated transport utility providing end-to-end solutions from its port gate to customer gate. It is the largest port developer and operator in India.

EY has supported Oiltanking GmbH by providing investment banking, tax and valuation advisory services. EY’s investment banking team has consisted of Ajay Arora, Akhil Agarwal, Geetika Mittal and the tax team of Ajay Agashe, Kalpit Varshney, Minita Khanchandani, Jalak Tanna. Valuation advisory services have been performed by Venu Yadav, Vishvas Vaidya, Mudit Tripathi, Pritesh R Kancharlawar, Daksh Sahrawat and Mukund Bhat.

October 2022

Advent International (“Advent”), a global private equity investor, has reached an agreement with Wilbur-Ellis, a global family-owned company, to merge their life sciences and specialty chemicals solutions businesses Caldic B.V. (“Caldic”) and Connell with a focus on nutrition, pharma, and industrial formulations. The transaction is expected to close in the first quarter of 2023, subject to customary conditions and regulatory approvals.

Caldic is a global provider of specialty ingredients and chemicals for the life sciences and industrial formulation markets with a major presence in Europe, North America, and Latin America.

Connell produces specialty chemicals and ingredients for life science segments such as food, pharmaceuticals, and personal care as well as industrial segments, such as coatings, rubber, and lubricants. It has a significant presence in the Asia pacific region.

Under the ownership of Advent and Wilbur-Ellis, the merged entity aims to build a leading global platform offering expertise in specialty ingredients and chemicals solutions and distribution in two high-growth regions: in Asia-Pacific with Connell and in Latin America with Caldic-GTM. The merged entity is expected to generate sales of around EUR 3bn, with more than 3,800 employees across 43 countries.   

EY supported Advent and Caldic B.V. in this transaction and acted as an integrated buy-side transaction advisor offering financial, tax, carve-out and IT due diligence (DD) services.

-        The financial DD team consisted of Christoph Steinlen, Sahil Garg, Mareike Reitz, Anna Bondarenko and Michael Kroll.

-        The IT DD included Jens Weber and Lars Schwarze.

-        Tax DD team included Anne Mieke Holland, John van Geffen and Feisal Ameri.

-        The carve-out DD was performed by Jan-Hendrik Pirwitz and Jai Singh Gambhir.

September 2022.

Energy Infrastructure Partners (EIP) has reached an agreement to acquire a 49% stake in Iberdrola's offshore wind farm Wikinger. The transaction is valued at around €700 million, and Iberdrola will maintain the majority stake of 51%.

Wikinger operates under Germany’s feed-in tariff regime, which the country launched to spur clean energy investments. The scheme offers a guaranteed price for all electricity produced by the Wikinger wind farm through 2037. Iberdrola will continue to control and manage this asset, leading the operations and maintenance services.

EIP is a leading Swiss infrastructure investment company focused on the global energy transition, with a successful track record as a long-term shareholder in the industry and experience in infrastructure and renewable technology in various countries.

EY supported EIP again by providing financial and tax transaction advisory services. EY’s financial workstream was led by Alexander Misgeld and Dr. Erik Lehmann and the tax workstream by Dr. Florian Ropohl and Niclas Stahl in Germany as well as by Patricia Gudiño Jonas and Ameya Mithe in Luxembourg.

September 2022

Borromin Capital Fund IV (Borromin Capital Fund IV SCS, SICAV-RAIF) has acquired a stake in Aerotec Europe GmbH and its subsidiary Airplane Equipment & Services A.E.S. GmbH (together “AES”), owned by AURELIUS Growth Capital SE & Co. KG. Additionally, Muzinich & Co, a European provider of private financing solutions, has provided the acquisition financing for the transaction.

Founded in 1997, AES is a leading air freight container servicing company in Europe. The company’s service focus is on the repair and maintenance of air cargo containers. In addition, the company is certified to carry out a structural maintenance work on regulated components of passenger aircraft. With over 120 employees, the company serves well-known global air cargo customers at all the major cargo airports in Germany and operates five independent offices near the airports of Cologne, Frankfurt, Leipzig and Basel.

Borromin is an independent private equity company focusing on medium-size businesses within German speaking European and Benelux countries. Funds initiated and advised by Borromin invest in mid-size companies providing equity for succession issues, management buy-outs and capital for growth opportunities. Borromin was founded in 2001 and follows a successful, value-oriented strategy of investments in profitable companies in various sectors.

With the acquisition, Borromin aims to support the international expansion of AES and further development of the corporate structure by offering personnel and strategic support.

EY supported Borromin Capital Fund IV in this transaction and acted as a buy-side advisor offering tax due diligence, tax structuring and SPA review services. The tax team consisted of Susanne Dangir, Birgit Normann, Jin-U Lee and Lukau-Alain Bengui. 

September 2022

thyssenkrupp AG, a German industrial engineering company, successfully divested its multinational mining business to FLSmidth, a Danish engineering company.

thyssenkrupp Mining Technologies is a global service provider and partner for customers in the mining and aggregates industry, offering tailored, cost-efficient, and responsible solutions for mining, processing, and handling raw materials - engineering, construction, and service.

With the acquisition, FLSmidth now has a global supplier of leading equipment and technology backed by increased local service expertise. The combined full-line coverage now includes expansion of the pit-to-plant range of technology and equipment – covering continuous mining, mineral processing, mining systems, and material handling – as well as best-in-class digital solutions.

In the past ten months, thyssenkrupp's Multi Tracks segment has already completed the sale of the infrastructure business and the AST stainless steel mill. By completing the sale of Mining Technologies, the Group has thus achieved what is already the third closing in the current business year.

The multidisciplinary EY team acted as a sell-side advisor on all three transactions:

The financial due diligence team was led by Robert Wienken. The tax due diligence team was led by Markus Schümmer. The Valuation support team was led by Sven Schieszl and Christian Behncke. The Carve-out team was led by Fabian Frohn and Malte Wunderlich and crossfunctionally supported by Frederic Zapf (Consulting) and Henning Curtie (People Advisory Services).

August 2022

Schaltbau Holding AG, owned by the global Private Equity investor Carlyle, has signed an agreement with Shell Deutschland GmbH, owned subsidiary of Shell, to acquire SBRS GmbH, a fast-charging infrastructure specialist.

SBRS GmbH provides end-to-end charging infrastructure solutions for electric vehicles for public transportation operators, municipalities and Original Equipment Manufacturers (OEMs) mainly in Germany and also in selected European countries. Headquartered in Dinslaken, Germany, the company provides services ranging from project planning & development to execution and maintenance incl. own charge point monitoring software.

Under the new ownership of Shell, SBRS GmbH will be in a position to even further strengthen its role as a leading specialist in the e-bus charging market as well as grow in new segments - most notably in the e-truck charging market across Europe. Moreover, with this move, Shell will be ready to provide extended end-to-end charging solutions to its business customers for different use cases.

EY-Parthenon supported Schaltbau Holding AG and SBRS GmbH in this transaction with sell-side advise on commercial, financial, operational and carve-out matters. The team was led by Raphael Maccagnan with support from Christopher Grüne, Théodore Bracklo, Julia Hartmann and Sandro Ferrari. Christian Rieschel, EY, assisted on financial matters.

August 2022

Voith Turbo, a specialist for intelligent drive technology and a part of Voith Group, has reached an agreement to acquire 79.5% stake in ARGO-HYTOS, a Switzerland-based hydraulic components and system supplier. ARGO-HYTOS will continue as an independent brand with the addition “a Voith Company”. A corresponding agreement was signed on 6 June 2022.

Founded in 1867, Voith Group is a global technology company with a broad portfolio of plants, products, services, and digital applications. The company operates through four divisions: Voith Hydro, Voith Paper, Voith Turbo, and Voith Digital Solutions, and has locations in more than 60 countries. The group division Voith Turbo offers drive technology, systems as well as tailor-made services to highly diverse industries such as oil and gas, energy, mining and mechanical engineering, ship technology, rail, and commercial vehicles.

The ARGO-HYTOS Group is a component and system supplier, specializing in fluid & motion control and filtration technology in mobile and industrial hydraulics, with a focus on the off-highway sectors including agricultural tractors, construction equipment and material handling vehicles. The company holds numerous patents and serves globally with production companies in Germany, Czech Republic, Poland, India, and China as well as numerous own distribution and assembly companies.

Following the acquisition, Voith will enable ARGO-HYTOS to continue and accelerate its long-term growth strategy, with a focus on the joint development of customer solutions in the megatrend areas of electrification, digitalization, and sustainability. Additionally, Voith aims to strengthen the off-highway sector as an additional growth area for Voith Turbo.

EY supported Voith Group in this transaction with buy-side financial, tax due diligence, HR due diligence and labor law services.

The EY financial due diligence team was led by Claudio Chiandussi with support from Jingyao Zhang and Frank Richter. The tax team was led by Andreas Zopf with support from Alexander Mörk and Frieder Schäfer. The HR and pension due diligence team was led by René Barth with support from Christoph Steudel, Katharina Pantle and Nicole Materne, and the labor law services were performed by the EY law team led by Marko Loose with support from Wolfgang Steiner.

July 2022

One Rock Capital Partners, LLC (“One Rock”), an operationally focused private equity firm, has announced that one of its affiliates has acquired Prefere Resins Group from Silverfleet Capital. Prefere is a pan-European leader of adhesive resins and formulations used in engineered wood and insulation products, industrial applications and other specialty materials. The company is headquartered in Erkner, Germany and employs over 600 people globally at a number of manufacturing, sales and research and development facilities.

Completion of the transaction took place on Monday, July 24, 2022,

The engagement was conducted by EY teams based in Germany and in the USA. EY's Transaction Tax Advisory team advised One Rock Capital Partners on the Tax Due Diligence, Tax structuring, SPA advice, Support for closing and MEP tax advice. The team demonstrates its leading position in PE. Team: Susanne Dangir, Lars Goldhammer, Thanh Son Nghiem, Peter Kuske, Hanjo Köhler, Mandy Otto, Marcel Späth (Germany) and Scott Walters und Drew Burnett (USA).

July 2022

UK and German EY teams supported investment funds managed by DigitalBridge together with the co-investor Brookfield Asset Management on an agreement to acquire 51% of the shares in the radio tower business entity of Deutsche Telekom AG held by DFMG Holding GmbH. The remaining shares will be kept by Deutsche Telekom AG. With EUR 17.5 billion overall valuation volume, this acquisition is one of the biggest private equity deals in Europe this year and according to German newspapers the largest infrastructure deal in Europe overall.

With around 800 employees, DFMG Group as the radio tower business of Deutsche Telekom AG, operates more than 40,000 sites in Germany and Austria and has a successful track record in delivering new sites for its anchor tenants Telekom Deutschland and Magenta Telecom Austria and securing revenues with third party customers. The company generated EUR 1.1 billion of pro forma revenues in 2021. Pro forma adjusted EBITDA AL 2021 amounted to EUR 640 million. Deutsche Telekom AG will continue to have access to the passive mobile infrastructure of DFMG Group sites via favorable long-term lease agreements (around 30 years).  DFMG Group is headquartered in Münster, Germany.

The transaction is expected to close by the end of the fourth quarter of 2022, subject to customary closing conditions and regulatory approvals.

The engagement was conducted by EY teams based in Germany and in the UK. The teams provided commercial, operational and technical, financial as well as tax due diligence services. The following international EY teams contributed to the success of this deal:

•       Commercial Due Diligence: Ulrich Loewer (UK) (team leader) and Dwayne Gibson-White (UK),

•       Operational and Technical Due Diligence: Dr. Georg Beckmann (GER) (team leader), Abhineet Nayak (GER) and Lars Schwarze (GER), Shashank Singh (India),

•       Financial Due Diligence: Udit Gandhi (UK), James Raine (UK) and Noell Alting (UK),

•       Tax Due Diligence: Peter Coulthard (UK), James Munbodhowa (UK) and Dr. Florian Ropohl (GER) (team leaders), Anshul Pansari (UK) and Andreas Dietrich (GER), Vincent Heimes (GER), Max Ahsbahs (GER) and Nizameddin Aygünes (GER).

July 2022

Outokumpu, a global leader in stainless steel, has agreed to divest its plate service center in Aalten, the Netherlands, to Roba Holding (“Roba”), which is a family-owned business located in the Netherlands and a supplier of steel, stainless steel, aluminum, recycled metal as well as non-ferrous metals. 

Outokumpu continues to supply Aalten with plates produced at Outokumpu mills, even after the closing of the deal, which is estimated to take place in approximately 1–3 months. All the employees, management, and operations in Aalten are part of the deal and will be transferred to Roba.

EY supported Outokumpu in this transaction with comprehensive multidisciplinary sell-side advice including M&A and financial due diligence transaction support. The EY M&A team was led by Carsten Risch and Katarina Kasner, supported by Jaimin Shah, Elisabeth Liebl and Niklas Witting. The EY transaction diligence was led by Martin Gerber and Fabian Scherer.

June 2022

Hg, a leading global software and services investor, has reached an agreement to divest its subsidiary MEDIFOX DAN, a German digital solutions provider for the care and therapy sector, to ResMed, a global digital health company, for an enterprise value of around USD 1billion. Since 2018, with support from Hg, MEDIFOX DAN has expanded its product & services offerings by entering new segments via strategic acquisitions and investments.

Based in London, Munich and New York, Hg is a leading software and services platform provider with a portfolio of over 45 software and technology solutions, supporting businesses to realize their growth ambitions.  

Founded in 1994 and headquartered in Hildesheim, Germany, MEDIFOX DAN specializes in the development of innovative software solutions and services for professional and non-professional care, therapeutic practices and child, family, and youth welfare facilities. The company is present across nine locations globally with core offering of digital solutions for resource and route planning, care planning & documentation, administration & billing, and factoring & hosting services.

ResMed, a global digital health company, offers cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS) business solutions to homecare providers, stationary and ambulatory care equivalent sectors in the US.

With the acquisition of German healthcare software leader MEDIFOX DAN, ResMed aims to expand its SaaS business footprint outside the US to uniquely position itself as a global leader in healthcare software solutions for lower-cost and lower-acuity care and accelerate the digital transformation of care in Germany.

EY supported Hg and MEDIFOX DAN Group in this transaction with sell-side tax services, especially with the preparation of the tax fact book and advice on the tax structure and on the tax elements of the SPA. The EY tax team was led by Markus Hick with support from Christian Kuntz, Philipp Klenk, Fabian Fischer, Christiane von Oettingen as well as Rene Gütschow, Katrin Selig-Hohler (both VAT) and Eric Hoppe (TP).

EY has also served Hg and MEDIFOX DAN Group since HG has acquired MEDIFOX in 2018 as a tax advisor in all add-on acquisitions and on various specific topics. At the add-on acquisitions, the law team led by Jan Feigen and the financial teams lead by Axel Cihlar and Christian Rieschel were regularly involved.

April 2022

Groupe Bruxelles Lambert (GBL), a leading European investment holding company, has reached an agreement to acquire a majority stake in Sanoptis, an ophthalmology services provider in Germany and Switzerland, from Telemos Capital (Telemos), a European private equity firm. As part of the transaction, the incumbent management will increase its stake in the company by way of a substantial reinvestment. GBL has committed up to EUR 750 million in equity for this transaction which is expected to be completed in the second quarter of 2022.

GBL is a leading investment holding company in Europe, relying on a stable and supportive family shareholder base. The company focuses on long-term value creation and maintains a portfolio of listed and private assets as well as alternative investments (through its wholly owned subsidiary Sienna Investment Managers), with four focused investment sectors including healthcare, consumer experience, technology, and sustainability.

Founded in 2018, Sanoptis is an ophthalmology services provider with over 250 facilities across Germany and Switzerland. The company expertise is in offering conservative ophthalmology consultations and surgical treatments including cataract surgeries, intravitreal operative medicine injections (IVOM), laser eye surgeries and retina surgeries.

Following the acquisition, GBL and management plan to continue Sanoptis’ growth organically and through acquisitions, both in existing markets as well as in new, attractive European geographies. GBL supports Sanoptis’ unique business model targeting active partnerships with leading surgeons and envisions to further grow Sanoptis along the same strategy. Additionally, the acquisition is in line with GBL’s ambition to increase the representation of controlled private and alternative assets within its portfolio.

EY supported GBL in this transaction with buy-side financial and tax due diligence, tax structuring, IT/Cyber due diligence, and tax and financial SPA advisory services.

The FDD team was led by Axel Cihlar with support from Dragan Lukjanovic, Luisa Kauter and Burcu Kaya. The tax team was led by Thorsten Krummheuer with support from Fabian König and Kim Steven Koslowski. The IT/cyber team was led by Sandra Zahn with support from Markus Tenelsen, Charlotte Johanna Stiglmayr, Nicolas Niederberger and Daniel Schlesinger.

March 2022

Trebing & Himstedt Prozessautomation GmbH & Co. KG, a German IT consulting firm, was sold to cbs Corporate Business Solutions GmbH, a German Consulting firm. With this transaction Trebing + Himstedt will become a wholly owned subsidiary of cbs Corporate Business Solutions.

Trebing + Himstedt is a consultancy for digital transformation to smart factories and smart products. To realize smart factories and products, the company uses SAP's innovation portfolio for digital manufacturing based on the SAP Business Technology Platform. The company was founded in 1992 and operates three offices in Schwerin, Stuttgart and Berlin.

cbs is a Heidelberg-based global management consultancy and a subsidiary of Materna Group. It advices industrial companies on the creation of digital and global End-2-End business process solutions. It employs over 850 people at twenty locations in Germany and internationally.

EY supported Trebing + Himstedt in this transaction with sell-side comprehensive advice including M&A advisory services and transaction tax advisory. The M&A team was led by Julia Müsing as operational lead who was supported by Patrick Fieger. The transaction tax advisory was carried out by Patrick Gageur.

April 2022

Arriva Group, the European passenger transport service provider, has reached an agreement to divest its Swedish subsidiary Arriva Sweden (“Arriva Sverige AB”) to VR Group, the Finland-based travel, logistics and maintenance service provider. The transaction includes the sale of two rail, three bus and two multimodal contracts with 3,800 employees and is expected to be completed in early July 2022.

UK-based Arriva Group is part of the German Deutsche Bahn AG and operates in 14 countries across Europe. Arriva Sweden offers modern transport solutions to approx. 170 million passengers each year to reach their destinations in Sweden.

VR Group is owned by the Finnish state and operates in addition to Finland in other Nordic countries.

The divestment is in line with Arriva Group’s forward-looking strategy to manage a tighter portfolio and maintain a strong and competitive business for the long-term. With the acquisition, VR Group aims to grow and strengthen its position and competitiveness as an urban transport operator and boost the electrification of the Swedish bus transport market.

EY supported Arriva Group in this transaction with comprehensive multidisciplinary sell-side advice including M&A and legal advisory as well as financial due diligence and separation transaction support. The project was carried out by German and Swedish teams of EY professionals:

The German M&A team was led by Axel Kirch with support from Katarina Kasner and Luca Skroblyn, while the Swedish team was led by Niclas Boberg with support from David Pode.

The German transaction diligence (TD) team was led by Alexander Misgeld with support from Erik Lehmann and Matthew Howell, while the Swedish TD team was led by Ola Lindell with support from Lachlan Phillips.

The German transaction strategy & execution (TSE) team was led by Daniel Riegler, Stefan Schaaf and Bastian Bender with support from Ying Strebe, Cordian Paradowski and Ariana Grecu.

The German law team was led by Torsten Göcke with support from Alexander Wolff, while the Swedish law team was led by Anett Lilliehöök with support from Björn Bjurström and Antonia Severin.

March 2022

Mercedes-Benz Retail Belgium SA, a group company of Mercedes-Benz Group AG, has reached an agreement to sell its subsidiary, Mercedes-Benz Antwerpen SA, to Hedin Automotive Belgium AB.

The agreement was signed in February 2022. The transaction is subject to the approval of the Belgian competition authorities.

Mercedes-Benz Antwerpen operates own retail outlets in the Antwerp area, focusing on selling and servicing Mercedes-Benz and smart passenger cars, Mercedes-Benz vans and Mercedes-Benz trucks.

Sweden-based Hedin Group represents a leading Mercedes-Benz car dealer in Belgium, offering Mercedes-Benz and smart new and pre-owned passenger cars as well as Mercedes-Benz transport vehicles and trucks.

EY acted as exclusive M&A, financial, operational, tax and real estate advisor to Mercedes-Benz Group. The EY deal team was led by Björn Schaubel, Oliver Schweizer, Marc Herlant and Tristan Dhondt with support from workstream leads Igor Andreev, Christoph Obenaus, Hubertus Völlm, Rasmus Rahn, Vedran Marinovic and Fabian Neuß.

February 2022

Madrid-based Mercedes-Benz Retail S.A.U., a group company of Mercedes-Benz Group AG, has reached an agreement with Seville-based Grupo Angal, to sell the Mercedes-Benz dealerships in Valencia. The agreement was signed in September 2021. The deal was closed in January 2022.

In Spain, Mercedes-Benz Retail operates own retail outlets in Madrid and Valencia, focusing on distributing and servicing Mercedes-Benz and smart passenger cars, Mercedes-Benz vans, and Mercedes-Benz and Fuso trucks.

Grupo Angal is present in the provinces of Cadiz, Jaen, Lugo, Malaga and Pontevedra, offering a wide portfolio of products and service solutions for passenger cars, light industrial (vans), heavy industrial (trucks) and pre-owned vehicles. The brands represented by Grupo Angal include Mercedes-Benz, smart, Hyundai, Honda, Nissan, Opel, Peugeot and Fuso.

EY acted as exclusive sell-side M&A, financial, operational and real estate advisor in this transaction.The EY deal team was led by Björn Schaubel, Oliver Schweizer and Andres Gomez Alonso. 

Januar 2022

Die in Berlin ansässige Optima Gruppe, die mit rd. 400 Mitarbeitenden über 30.000 Wohneinheiten betreut, wurde von der zur französischen Emeria Gruppe gehörenden Reanovo Deutschland übernommen.

Die Optima GmbH wurde 1993 gegründet und bietet Dienstleistungen in den Geschäftsfeldern Property Management für institutionelle Auftraggeber, WEG- und Mietverwaltung, infrastrukturelles Facility Management und Immobilienvertrieb.

Mit der Akquisition ergänzt Reanovo seine verwalteten Wohn- und Geschäftseinheiten und setzt den Wachstumskurs des Unternehmens fort. Reanovo betreut nach der Transaktion an 50 Standorten mit 1.300 Mitarbeitern deutschlandweit rund 150.000 Wohneinheiten.

EY unterstützte die Optima Gruppe bei der Transaktion auf der Sell-Side mit einem multidisziplinären Team und umfangreicher Real Estate M&A- und SPA-Beratung. Dem M&A Beratungsteam unter der Leitung von Lothar Rose und Alexander Misgeld gehörten auch Dominik Reeß sowie Aaron von Riesen an. Die SPA-Beratung wurde durchgeführt von Torsten Göcke mit Unterstützung durch Anna-Maria Krekeler.

January 2022

The Duvenbeck Group, a leading European transport and logistics solutions provider, has reached an agreement to sell a majority stake to Waterland Private Equity ("Waterland"), an independent PE investment firm. The Duvenbeck Group is a family-owned business established in 1932 that is headquartered in Bocholt, North Rhine-Westphalia, Germany. Duvenbeck is a full-service logistics provider in the areas of design, forwarding and contract logistics. The company also offers cross-docking, sequencing and trailer yards. Duvenbeck operates more than 1,500 of its own heavy goods vehicles.

EY supported Duvenbeck Group in this transaction with comprehensive sell-side financial due diligence services. The EY sell side team was led by Dr. Thomas Prüver as Lead Partner, supported by Alexander Misgeld, Christoph Hille, Dr. Marcelo Cadena, Jan Ramsperger, Rohit Bhatter, Bernhard Ernst and Daniel Yannick Junge. 

January 2022

CBRE Investment Management (CBRE IM), a subsidiary of CBRE Group, has reached an agreement to acquire a 57-asset, 28.4m sq-feet portfolio of logistics properties in the US and Europe, for USD 4.9bn, from Hillwood Investment Properties. The portfolio includes warehouses and distribution centers, as well as other logistics facilities.

CBRE IM is a leading global real assets investment management firm seeking to deliver sustainable investment solutions across geographies, risk profiles and executive formats. With this acquisition, CBRE IM leverages a strong financial capacity of its parent company to secure compelling opportunities that help to drive strategic real assets solutions for its clients. In addition, the acquisition is in line with CBRE IM’s global logistics strategy and complements its existing logistics platform and a skilled team with deep domain expertise.

EY supported CBRE IM in this transaction with comprehensive multidisciplinary advice including financial and tax due diligence, tax structuring, tax and financial SPA advice and W&I support for the European target assets. The financial team was led by Heiko Daus with support from Marc Winter and Arkadiusz Strasz (EY Poland), while the tax team was led by Jan Kiesel and Vicky Dackweiler and was supported by local tax teams led by Tomasz Ozdzinski and Sebastian Ickiewicz (EY Poland), Russell Gardner and CK Lim (EY UK) as well as Patricia Gudino and Melanie Engel (EY Luxembourg).

January 2022

AddSecure, a leading European secure IoT connectivity solutions provider with a focus on critical communications and safe data, has acquired LOSTnFOUND, a Swiss-based location tracking and fleet management solutions provider. Sweden headquartered AddSecure, currently applies its expertise within secure critical communications and safe data in Smart Alarms, Smart Care, Smart Rescue, Smart Surveillance, Smart Transport, and the emerging technology area Smart Grids. AddSecure is majority-owned by Funds managed by Castik Capital, a European private equity fund.

The Swiss group LOSTnFOUND AG was founded in 2009 and develops and operates telematics and IoT solutions for companies in the logistics and commercial vehicle industry. fleet.tech is a LOSTnFOUND brand and promotes various telematics solutions.

With this move AddSecure enhances its asset management capabilities in Europe and its expertise within telematics and tracking solutions. The company also expands its footprint into Switzerland and Austria, which further strengthens AddSecure’s position as the leading provider of fleet and transport management solutions in Europe.

EY and EY-Parthenon supported AddSecure in this transaction with buy-side financial and customer analysis due diligence services. The EY financial due diligence team was led by Michael Messerli with support from Dario Flückiger, Ramin Nassiri Hosseini and Yannik Büche. EY-Parthenon offered customer analysis services and the team was led by Dr. Dierk Buss with support from Christopher Grüne and Kenneth K. Lehrmann.

January 2022

EY advised Arxada, a leading global specialty chemicals business, on the acquisition of Enviro Tech Chemical Services, Inc. (Enviro Tech), a category-leading manufacturer of proprietary and high-efficacy antimicrobial and biocidal products offering innovative bromine technologies, peroxyacetic acid formulations and solutions to keep food and water safe and environment clean.

Arxada, formerly part of Lonza Group, is a global specialty chemicals business, offering Microbial Control Solutions (‘MCS’) to six target applications including hygiene, home and personal care, paints and coatings, crop protection, material protection and wood protection. It also offers Specialty Products Solutions (‘SPS’) within its three divisions including performance intermediates and chemicals, composite materials and the custom development and manufacturing organization. Arxada is owned by Bain Capital Private Equity and Cinven, and has a global footprint spanning 32 countries across five continents.

The acquisition aims to strengthen Arxada’s position in microbial control industry through the addition of new applications and active ingredients to its portfolio, expanding presence into food and beverage market. With the takeover, Arxada seeks to create a new, complementary business line in its MCS business, with a focus on peracetic acid (‘PAA’), bromines and specialty products for the food and beverage, agriculture and wastewater treatment segments. Additionally, Arxada intend to benefit from Enviro Tech’s leadership in innovation, strong focus on specialty formulations, unique and highly effective solutions and enhance its manufacturing footprint in strategic locations in the US.

EY supported Arxada in this transaction with comprehensive multidisciplinary advice including tax due diligence, tax structuring and funds management support.

The project was carried out by an international team of EY professionals:

The German team consisted of Susanne Dangir, Michael Vogel, Lars Goldhammer, Marina Köpke, Annemarie Nürnberger, Joshua Ruland, Thanh Son Nghiem, Eric Hoppe and Laura Maria Ordemann.

The US team consisted of Michael J Jacoby, Ezra Pinsky, Jacob Blank, Lars Goldhammer and Pat H Vining.

The Luxembourg team consisted of Floris Gordebeke and Adriana Boixados prio.

The Switzerland team included Martin Baumgartner, Michael Bertschinger, Kilian Bürgi, Andrea Jost and Jana-Sophie Bantle.

The UK team was represented by Tim Goodman, Kenny Brodie and Auke de Jong.

December 2021

Partners Group has reached an agreement to acquire atNorth, a leading data center platform providing renewable-only, power efficient, and cost-optimized data center hosting services in Iceland and Sweden. Founded in 2009, atNorth serves around 100 clients across its high-performance compute (HPC), enterprise, and blockchain customer segments, including local and international blue-chip companies.

Switzerland-based Partners Group is a leading global private markets firm offering innovative range of bespoke client solutions to institutional investors, sovereign wealth funds, family offices and private individuals globally.

The acquisition lies at the intersection of global digitization and decarbonization themes and supports platform-based value creation strategy. With the takeover, Partners Group aims to transform atNorth into a leading pan-Nordic provider of sustainable and efficient data center solutions, by transforming value creation plan that include constructing new sites, growing the contract portfolio, building a connectivity ecosystem, and institutionalizing internal processes.

EY supported Partners Group in this transaction with buy-side financial and tax due diligence services. The deal team was led by Simon Sterchi and Ragnar Rafnsson supporting on financial due diligence, while Conradin Mosimann, Johan Agrell and Simon Jónsson supported on tax due diligence.

December 2021

CBRE Investment Management (CBRE IM), a leading global real assets investment management firm acquired 142 residential units in Berlin consisting of apartments with a total rental area of around 10,910sqm, spread over five buildings and a part of the high-quality Mittenmang district. The Mittenmang residential complex also includes an office unit with around 80sqm of rental space and 70 parking spaces.

CBRE IM is a leading global real assets investment management firm seeking to deliver sustainable investment solutions across geographies, risk profiles and executive formats. With this acquisition, CBRE IM’s makes the ideal investment for its international direct mandate and also meets its long-term investment strategy, which targets promising properties with a strong demand base to its clients. In addition, the acquisition focuses on social added value for residents at locally affordable rental prices and thereby fosters CBRE IM’s ESG strategy.

The seller is Lakeward Real Estate AG, a Switzerland-based international real estate private equity investment company. The company was founded in 2015 and operates in the growing metropolitan regions of Europe, with a high focus on Germany. Lakeward has a strong network of relationships in the finance and real estate industry to access attractive investment projects.

EY supported CBRE IM in this transaction with buy-side tax and financial due diligence, tax structuring and SPA advisory support. The financial due diligence team was led by Heiko Daus with support from Marc Winter, while the tax team was led by Jan Kiesel who was supported by Sven Gatzert and Rüdiger Strubel.

December 2021

Just Spices has reached an agreement to divest 85% of its stake to Kraft Heinz, the US based packaged foods and meats producer, while the remaining 15% stake will continue to be owned by Just Spices’ founders. The deal is expected to be completed in the first quarter of 2022.

German-based Just Spices is a technology-enabled direct-to-consumer business engaged in manufacturing and retail of spice blends, salad dressings and easy-to-prepare blends for diverse meal occasions.

The acquisition is in line with Kraft Heinz’s international growth strategy focused to anticipate trends in consumer tastes and preferences. With the takeover, Kraft Heinz will leverage its scale and agility to accelerate Just Spices’ business in the fast-growing taste elevation market beyond its current German base and its recent market entries in Spain, Austria, and Switzerland. Additionally, the acquisition will strengthen and complement its existing direct-to-consumer operations and go-to-market expansion.

EY supported Just Spices in this transaction on the sale of its majority stake and offered financial vendor due diligence support. The German team was led by Cord Stümke and Christoph Blattner.

November 2021

Majorel Group Luxembourg S.A. has reached an agreement to acquire Mayen Telekomünikasyon Hizmetleri A.Ş., a Turkish outsourcing services company offering customer experience services in 12 different languages to leading brands both international and domestic.

Luxembourg-based Majorel Group (Joint venture from Bertelsmann SE & Co. and Saham Group) designs, builds, and delivers customer experience (CX) solutions for digital-native and vertical leading brands worldwide. It offers customer interaction services, business process services and tech and expert services.

The acquisition is in line with Majorel’s growth strategy of further geographic expansion, especially in countries that strengthen the company’s near and offshore leverage. With the takeover, the deal complements its existing nearshore delivery capabilities for the EMEA market, especially the German speaking region. Moreover, Mayen’s CX and vertical expertise, innovative technical solutions, and people-focused culture perfectly complement Majorel’s existing portfolio.

EY supported Majorel Group in this transaction with buy-side financial and tax due diligence services and SPA advisory support. The German team was led by Thomas Prüver with support from Christian Biel, Michael Siegert and Bernhard Ernst.

November 2021

DocPlanner intends to expand its healthcare platform to Germany by acquiring Jameda and expanding its geographic reach in the field of digital healthcare in Europe. Jameda offers pioneering software-as-a-service solutions and operates a physician rating and search platform for patients in Germany.

DocPlanner operates a website that enables patients to find local physicians and dentists online and book an appointment in Poland and internationally. With the takeover, Jameda and DocPlanner intend to combine their strengths to develop innovative digital solutions that make medical practices efficient and successful, enabling relationships between doctors and patients. DocPlanner is pursuing strategic goals with the acquisition and aims to invest EURm 250 in the German market over the next 2-3 years.

EY supported DocPlanner in this transaction with comprehensive multidisciplinary advice (financial and tax due diligence). The German teams were led by Christoph Imschweiler and Martin Sattler for tax support while Christian Waldner and Taras Boyar led the financial due diligence team.

October 2021

The Fleetpool Group has reached an agreement with ALD Automotive, part of the Société Générale Group, to acquire the Fleetpool Group including its vehicle fleet.

Cologne-based Fleetpool Group is a market-leading provider of digital car subscription services and mobility solutions in Germany. The platforms are operated independently and the associated software is developed in-house. Fleetpool Group intends to use the financial leeway created by the acquisition to expand its market-leading position in Germany to the European region.

ALD Automotive is a leading global mobility solutions provider offering full-service leasing and fleet management services. The acquisition is in line with ALD Automotive's growth strategy and complements its existing portfolio with car subscription services.

EY supported Fleetpool Group in this transaction with financial due diligence services. The team was led by Björn Schaubel with support from Hubertus Völlm and Carl-Magnus Hahn.

October 2021

BizLink Holding Inc. ("BizLink") intends to acquire the Industrial Solutions business of Leoni AG for an enterprise value of €450 million in an all-cash transaction.

Leoni's Industrial Solutions business is part of the Wire & Cable Solutions division and represents a significant part of Leoni AG's industrial business. The transaction includes 20 international locations in ten countries and approximately 3,000 employees in the following business units: Healthcare, Robotics, Tailor-Made Products, Silicone, Telecommunication Systems and Automation and Drives. .

BizLink, a Taiwan-listed supplier of interconnect electronics components, is pursuing strategic goals with the acquisition. It aims to strengthen its technical and service expertise as well as its global presence and thus win new industrial customers.

EY supported BizLink in this transaction with comprehensive multidisciplinary advice (financial due diligence, tax due diligence and pension-related advice) and an international team led by EY Taiwan. The German teams were led by Björn Schaubel, Holger Beckmann and Karl Wirth with support from Karlheinz Kuhn, Nosakhare Ugiagbe, Andreas Königer and Ulrike Ober.

October 2021

The German mobility provider FlixMobility has acquired the US long-distance bus provider Greyhound Lines, Inc. ("Greyhound"). FlixMobility is known for its FlixBus and FlixTrain brands, which offer affordable and environmentally friendly collective mobility.

Greyhound is the largest long-distance bus operator in North America. The connections between currently 2,400 destinations are used by almost 16 million passengers annually. For FlixMobility, the acquisition of Greyhound is an important step towards realising the company's vision of providing environmentally friendly and affordable travel for all. In the process, FlixBus has become the largest European long-distance bus provider. The acquisition of Greyhound is an important step in FlixMobility's global expansion.

EY supported FlixMobility on this M&A transaction with comprehensive multidisciplinary advice including financial, pensions and tax due diligence under the leadership of Claudio Chiandussi.

Oktober 2021

doctari GmbH („doctari“), ein Portfolio-Unternehmen von Vitruvian Partners, hat die lichtfeld gmbh, die Viantro GmbH und die Planerio GmbH erworben. Mit diesen vollständigen Übernahmen etabliert sich die doctari group weiter zum digitalen Healthcare-Tech-Unternehmen.

doctari ist ein Dienstleister im Gesundheitsbereich, der Ärzte*innen und Pflegepersonal an Kliniken vermittelt. Die lichtfeld gmbh ist ebenfalls in diesem Bereich tätig und erweitert den Personalpool der doctari group auf insgesamt 60.000 Ärzte*innen und Pflegefachkräfte. Der Schwerpunkt der Viantro GmbH hingegen liegt auf KI-basierter Karriereplanung, Festanstellung und Weiterbildung von Ärzte*innen. Die Planerio GmbH bietet digitale Lösungen zum Personalmanagement in Krankenhäusern, mit denen Dienstpläne, Lohnabrechnungen und die Zeiterfassung automatisiert werden können.

Die erworbenen Unternehmen ergänzen und erweitern doctaris Serviceportfolio und tragen dazu bei, die Personalbeschaffung und -planung im Gesundheitswesen zu optimieren. Zentraler Service der group ist eine digitale Plattform, die Einrichtungen im deutschen Gesundheitssystem dabei hilft, dem Fachkräftemangel entgegen zu treten und gleichzeitig ÄrztInnen und Pflegefachkräften individuellen Gestaltungsraum ihrer Arbeit ermöglicht.

Das doctari Management (Torsten Blaschke, Sang-Woo Pai, Silke Oltrogge) setzte höchste Priorität auf die erfolgreiche Umsetzung der Transaktionen. EY unterstützte diese bereits mit umfassender multidisziplinärer Beratung in den Bereichen Financial und Tax Due Diligence sowie Financial Modeling. Die frühzeitige Einbindung erfahrener Integrations-Berater war danach für doctari essenziell, um alle Unternehmen erfolgreich zu einer neuen schlagkräftigen Gruppe zu verbinden.

Das Team wurde in der Financial Due Diligence durch Alexandra Pitsch geleitet mit Unterstützung durch Korbinian Müller und Steven Wender. Die Tax Due Diligence leitete Dr. Christoph Imschweiler mit Unterstützung von Martin Sattler. Das Financial Modeling Team wurde durch Sebastian Schmidt geführt mit Unterstützung durch Sascha Lohfink und Lars Vajen.
Das PMI-Team leitete Dr. Georg Beckmann mit Unterstützung von Milan Knarse, Brenda Maeder, Jannis Evermanns, Alexander Räther, Sebastian Bitsch und Celine Brand.

Oktober 2021

Der internationale Sicherheitstechnologie-Konzern Giesecke+Devrient („G+D“) erwirbt die Pod Group.

Die in Großbritannien ansässige Pod Group ist ein Enterprise Network Operator, der sich auf skalierbare und individuelle Konnektivitätslösungen für das Internet der Dinge (IoT) spezialisiert hat. Über seine internationalen Standorte hat die Pod Group Zugang zu mehr als 600 Netzwerken in 185 Ländern.

Der Erwerb der Pod Group unterstützt die weitere Entwicklung von G+D hin zu einem umfassenden und sicheren IoT-Konnektivitätsanbieter mit neuen Produkten im Bereich von IoT Applikationen, ausgewählter IoT Hardware als auch einem globalen Konnektivitätsmanagement.

EY unterstützte G+D bei dieser Transaktion mit umfassender multidisziplinärer Beratung. Die pre-sign Phase wurde von Christian Waldner geleitet und die post-sign Phase/PMI von Dr. Georg Beckmann. Unterstützt wurden sie dabei von Jörg Brodersen und Ivo Schmohl, die die Tax Due Diligence durchführten, Taras Boyer, der zusammen mit Christian Waldner die Financial Due Diligence durchführte, sowie Tim Blechschmidt und Alena Viebahn, die zusammen mit Dr. Georg Beckmann die Post-Merger-Integration leiteten. 

September 2021

Bridgepoints Portfolio-Unternehmen PharmaZell beabsichtigt den Erwerb der Groupe Novasep SAS, ein führender internationaler Dienstleistungsanbieter, der spezialisierte Technologien für die Life-Science-Industrie entwickelt und herstellt. Die geplante Transaktion steht unter dem Vorbehalt üblicher Bestimmungen.

Die französische Group Novasep hat sich auf komplexe kleine Moleküle und Anti-Körper-Wirkstoffkonjugate spezialisiert. Zusammen mit PharmaZell soll eine führende europäische Plattform geschaffen werden, die auf die Herstellung von aktiven pharmazeutischen Wirkstoffen sowie der Entwicklung und Produktion pharmazeutischer Produkte auf Vertragsbasis abzielt.

EY unterstützte Bridgepoint bei dieser geplanten Transaktion mit einem deutsch-französischen Team und umfassender multidisziplinärer Beratung (Financial- und Tax-Due-Diligence sowie steuerliche Strukturierung). Die Teams wurden geleitet von Johannes Stroumbos, Gratien de Pontville, Karl-Christopher Erkrath und Benjamin Pique mit Unterstützung von Colin Garnier, Jingyao Zhang, Deepak Khemka, Ankit Dhingra, Ömer Faruk Bak, Pierre-Antoine Quatrhomme und Annemarie Nürnberger.

September 2021

Borromin Capital Fund IV SCS, SICAV-RAIF hat Anteile an der QITS GmbH (“QITS“) erworben, einem führenden deutschen Business-Process-Outsourcing-Anbieter.

QITS wurde 1998 als IT-Dienstleister für die ADCO-Gruppe gegründet. Das in Ratingen ansässige Unternehmen entwickelte sich zu einem innovativen Business-Process-Outsourcing-Anbieter mit eigenen Softwarelösungen. QITS bietet seinen Kunden digitale und analoge Output-Management-Dienstleistungen für die sichere Aufbereitung, Verarbeitung und Verteilung hochsensibler Geschäftsinformationen. Dabei werden komplexe Prozesse der Erstellung digitaler Inhalte automatisiert und gleichzeitig die sichere Datenverarbeitung unter Einhaltung aller Datenschutz- und Sicherheitsbestimmungen bis zum Erhalt des Dokuments beim Endempfänger sichergestellt.

Borromin (vormals Steadfast Capital) unterstützt mittelständische Unternehmen im deutschsprachigen Raum und den Benelux-Ländern mit Eigenkapital und verfolgt eine wertorientierte Beteiligungsstrategie. Borromin möchte die geografische Expansion von QITS mit einer Buy-and-Build-Strategie vorantreiben und die weitere strukturelle und strategische Entwicklung des Unternehmens und seiner Mitarbeiter unterstützen.

EY unterstützte Borromin bei dieser Transaktion mit umfassender steuerlicher Beratung (Tax Due Diligence, steuerliche Strukturierung und SPA-Beratung). Das Team bestand aus Susanne Dangir, Mareen Nienhaus und Joshua Ruland.

August 2021

SGT Capital wird die Mehrheit an der Utimaco-Gruppe übernehmen. Der bisherige Mehrheitseigentümer EQT bleibt weiterhin mit einer Minderheitsbeteiligung im Unternehmen investiert. Der Transaktionsabschluss steht unter dem Vorbehalt üblicher regulatorischer Genehmigungen und Bedingungen und wird für das 4. Quartal 2021 erwartet.

Die Utimaco-Gruppe ist ein global führender Anbieter von Hochsicherheitstechnologien für Cybersecurity und Compliance-Lösungen zum Schutz von Identitäten, Daten und Netzwerken. Das in Aachen und Campbell (CA), USA, ansässige Unternehmen entwickelt und produziert Hardware-Sicherheitsmodule und Key Management-Lösungen für den Einsatz im Rechenzentrum und in der Cloud sowie Data Intelligence-Lösungen für regulierte kritische Infrastrukturen. Utimaco beschäftigt etwa 470 Mitarbeiter und arbeitet weltweit mit Kunden und Partner zusammen.

Die SGT Capital Group als globaler Investor generiert Wachstum durch die konsequente Internationalisierung von mid-market Unternehmen in Kombination mit klassischen PE-Wertsteigerungsstrategien. SGT wird die nächste Phase der globalen Expansion von Utimaco sowohl durch organisches Wachstum als auch durch Zukäufe weiter voranbringen.

EY unterstützte SGT Capital bei dieser Transaktion mit umfassender und multidisziplinärer Beratung. Die steuerliche Due Diligence und Strukturierung wurde von Frank Wessinger geleitet, unterstützt von Stefan Degenhardt, Christian Kuntz and Mario Gassner. Johannes Stroumbos, Christoph Serf und Tamuka Chigumbu waren für die Financial Due Diligence verantwortlich, während André Reichow-Prehn die Themenbereiche Cybersecurity, Commercial und Technology abdeckte.

August 2021

Deutsche Post DHL Group ("DPDHL") hat eine Vereinbarung zur Übernahme von bis zu 100 Prozent der J.F. Hillebrand Group AG ("Hillebrand") unterzeichnet.

Hillebrand ist ein globaler Dienstleister, der sich auf Seefrachtspedition, Transport und Logistik von Getränken, ungefährlichen flüssigen Massengütern und anderen Produkten, deren Transport besondere Sorgfalt erfordert, spezialisiert hat. Das Unternehmen beschäftigt mehr als 2.700 Mitarbeitende weltweit und erwirtschaftete in den letzten zwölf Monaten einen Umsatz von rund 1,4 Milliarden Euro.

Der strategische Zusammenschluss mit Hillebrand soll die Position der DPDHL-Division Global Forwarding, Freight auf dem dynamischen Seefrachtspeditionsmarkt stärken.

EY unterstützte DPDHL in dieser Transaktion mit umfassender und multidisziplinärer Beratung. Die Gesamtprojektleitung sowie die Leitung der Financial Due Diligence lag bei Dr. Thomas Prüver, während Fabian Böser mit seinem Team die steuerlichen Aspekte beriet.

Juli 2021

Swiss Life Asset Managers („Swiss Life”) und Gelsenwasser AG (“Gelsenwasser“) erwerben die Infrareal GmbH („Infrareal“) vollständig.

Die in Marburg ansässige Infrareal besitzt und betreibt zwei Industrieparks im Life-Sciences-Bereich, die Behringwerke Marburg und den Pharmapark Jena. Durch die umfassende Infrastrukturunterstützung können sich die Kunden von Infrareal sich auf die Forschung & Entwicklung sowie Produktion konzentrieren. Infrareal kümmert sich um die Gebäude, die Versorgung, technische Dienstleistungen, Logistik und IT.

Swiss Life und Gelsenwasser möchten mit ihrer Erfahrung und Expertise im Bereich Verwaltung und Versorgung das Investitionsprogramm von Infrareal unterstützen sowie den erstklassigen Standortbetrieb weiter ausbauen.

EY unterstützte Swiss Life und Gelsenwasser in dieser Transaktion mit umfassender und multidisziplinärer Beratung. Das Financial-Due-Diligence-Team wurde von Frank Matzen geleitet, während Michael Adolf mit seinem Team die steuerlichen Aspekte beriet.

Jens Massmann verantwortete die Pension Due Diligence und Natalie Wehrmann die Real Estate Due Diligence

Juli 2021

Im Juli 2021 gab der Automobilzulieferer Novem Group S.A. den erfolgreichen Börsengang an der Frankfurter Wertpapierbörse bekannt. Auf Basis des endgültigen Angebotspreises beträgt die Marktkapitalisierung der Novem Group zum Zeitpunkt des Listings 710 Mio. EUR.

Die Novem Group ist der weltweit führende Anbieter von Zierleisten und dekorativen Funktionselementen für den Fahrzeuginnenraum. Sie bietet ihren Kunden in der Premium-Automobilindustrie wegweisende Kompetenzen in der Oberflächenveredelung, innovative Lösungen und überlegene Expertise in der Technik und Produktentwicklung. Seit 2011 befindet sich Novem im gemeinsamen Besitz des familiengeführten Investors Bregal sowie des Managements.

EY unterstützte die Gesellschafter der Novem Group mit einem integrierten Team in den Bereichen Finanzen und Steuern unter der Federführung von Claudio Chiandussi.

Juli 2021

Object Carpet, ein Hersteller von Premium-Teppichbodenbelägen, kontaktierte EY, um bei akuten komplexen M&A-Fragestellungen zu unterstützen. Bei genauerer Betrachtung stellte sich jedoch heraus, dass erfolgreiche M&A-Aktivitäten nicht ohne eine strategische Weiterentwicklung der Organisation zu erreichen sind.

EY unterstützte Object Carpet i) beim Aufbau einer effizienteren Organisationsstruktur, ii) der Einführung eines effektiveren Führungs- und Steuerungsmodels sowie iii) der Steigerung der Wettbewerbsfähigkeit durch Digitalisierungsinitiativen.

Dabei stellten die pandemiebedingten sozialen Beschränkungen eine zusätzliche Herausforderung für die erfolgreiche Implementierung des Transformationsvorhabens dar.

„EY hat pragmatisch und lösungsorientiert das große Ganze im Blick behalten. Ich bin sehr dankbar für die enge und vertrauensvolle Zusammenarbeit, an deren Ende eine erfolgreiche Implementierung des Transformationsprojektes zum avisierten Stichtag stand“, sagt Object Carpet-Geschäftsführer Daniel Butz.

EY-Partner Franco Pörtner ist beeindruckt vom Mut der Object Carpet-Geschäftsführung, auch als Mittelständler ein so umfassendes Transformationsprojekt proaktiv anzugehen: „Gerade mittelständische Unternehmen wissen häufig nicht, welches Potenzial in ihrer Firma steckt“, sagt Franco Pörtner.

„Insbesondere die Motivation des gesamten Object Carpet-Teams, das Projekt erfolgreich umzusetzen, hat uns alle sehr beeindruckt“, sagt EY-Partner Björn Schaubel.

Das Projekt geleitet haben Franco Pörtner, Björn Schaubel, Max Scholz und Christian Urhahn.

Juni 2021

Die im S-DAX notierte DIC Asset AG, ein führendes deutsches Immobilienunternehmen, hat mit dem Uptown Tower und der Campus-C-Immobilie zwei bekannte Objekte in München erworben.

Das Uptown-Hochhaus ist das höchste Gebäude Bayerns und eines der Wahrzeichen der Münchner Skyline. Der 146 Meter hohe Wolkenkratzer hat eine vermietbare Fläche von rund 52.300 Quadratmetern. Es ist vollständig an den Netzbetreiber Telefónica vermietet, der dort seine Deutschlandzentrale hat.

Der Campus C ist ein voll vermietetes Objekt mit einer Mietfläche von 9.200 Quadratmetern, das an verschiedene Parteien vermietet ist. Zu den Hauptmietern gehören das US-Softwareunternehmen Adobe Systems sowie zwei Mieter aus dem öffentlichen Sektor.

Die DIC Asset AG verfügt über mehr als 20 Jahre Erfahrung auf dem Immobilienmarkt mit rund 230 verwalteten Vermögensobjekten.

EY hat die DIC Asset AG bei dieser Transaktion mit Financial Due Diligence-Leistungen und SPA-Beratung beraten. Das Team wurde von Heiko Daus und Marc Winter geleitet.

Juni 2021

EY hat einen weiteren Private Equity Deal unterstützt.

Charterhouse Capital Partners LLC (“Charterhouse“) hat mit der Deutschen Beteiligungs AG (“DBAG“) eine Vereinbarung über den Erwerb der Anteile an der Telio Management GmbH (“Telio“) geschlossen. Die Transaktion steht unter dem Vorbehalt der behördlichen Genehmigungen.

Das Telekommunikations- und Software-Unternehmen Telio mit Sitz in Hamburg entwickelt, installiert und betreibt Kommunikations- und andere Mediensysteme für den Justizvollzug und unterstützt damit wesentlich die Resozialisierung von Häftlingen.

Seit der Beteiligung der DBAG im Jahre 2016 hat sich Telio zum globalen Marktführer in der Häftlingskommunikation entwickelt. Der Eintritt in neue regionale Märkte und die Erweiterung des Produktangebots konnten erfolgreich abgeschlossen werden. Dies wurde durch organisches Wachstum und Unternehmenszukäufe möglich. Der Markt bietet weitere Wachstumsmöglichkeiten durch die Einführung von Telefoniestörsystemen, den Übergang zur Zelltelefonie, geografische Expansion sowie neue Digital und Multimedia Dienstleistungen

EY unterstützte Charterhouse bei der Transaktion mit umfassender und multidisziplinärer Beratung. Das Financial Due Diligence Team wurde von Dr. Robert Wienken mit Dr. Frank Matzen geleitet. Das Tax-Team führten Frank Wessinger und Stefan Degenhardt.

Mai 2021

Stora Enso-Gruppe ("Stora Enso") hat vereinbart, ihre Tochtergesellschaft die Papierfabrik Sachsen an die Model-Gruppe zu verkaufen. Die Transaktion steht unter dem Vorbehalt der üblichen behördlichen Genehmigungen. Das Closing wird für Q3/2021 erwartet.

Die 1994 gegründete Papierfabrik Sachsen gehört zur Papiersparte von Stora Enso, hat derzeit eine Produktionskapazität von 310.000 Tonnen Zeitungspapier und Spezialpapier pro Jahr und beschäftigt rund 230 Mitarbeiter.

Die in der Schweiz ansässige und familiengeführte Model-Gruppe wird nach dem Closing Eigentümer und Betreiber der Papierfabrik Sachsen sein. Stora Enso wird im Rahmen einer 18-monatigen Vereinbarung, die von der Papierfabrik Sachsen hergestellten Druckpapiere vertreiben und an ihre Kunden ausliefern. Danach beabsichtigt die Model-Gruppe, das Werk auf die Produktion von Wellpappenrohrpapier umzustellen.

EY hat Stora Enso bei dieser Transaktion mit M&A Advisory Services Team umfassend beraten. Das Team wurde von Dr. Carsten Risch und Katarina Kasner geleitet mit Unterstützung von Stefan Sachsenhauser, Tingting Li und Julia Müsing.

Mai 2021 

Der pan-europäische Private-Equity-Investor Equistone Partners Europe („Equistone“) beabsichtigt sich mehrheitlich an der TIMETOACT GROUP zu beteiligen. Die geschäftsführenden Gesellschafter bleiben im Rahmen der Transaktion weiterhin wesentlich an der Gesellschaft beteiligt.

Die TIMETOACT Group, mit Hauptsitz in Köln, ist ein führender Anbieter von IT-Dienstleistungen für Mittelständler, Konzerne und öffentliche Einrichtungen in Deutschland, Österreich und der Schweiz. Insgesamt umfasst die Gruppe neun spezialisierte Unternehmensmarken an 16 Standorten. TIMETOACT bietet ihren Kunden ein umfassendes Portfolio an Software- und Consulting-Dienstleistungen unter anderem in den Bereichen Digital Workplace, Process Automation & Optimization, Business Intelligence, Identity & Access Management sowie Customer Experience.

EY unterstützte Equistone bei der Transaktion mit umfassender und multidisziplinärer Beratung. Dem Financial Due Diligence Team unter der Leitung von Tobias Hartung gehörten Manuel Hubner, Robin Kanojia und Jan Stallmann an. Karl-Christopher Erkrath leitete das Steuerteam unterstützt von Petra Blechschmidt und Tanja Ganzenmüller.

April 2021

Die ISS Group, ein weltweit agierendes Facility-Management-Unternehmen, verkauft ihre Schweizer Tochtergesellschaft ISS Kanal Services AG an KLAR Partners. Der Verkaufsprozess wird voraussichtlich im zweiten Quartal 2021 abgeschlossen sein.

Die ISS Kanal Services AG beschäftigt rund 280 Mitarbeitende und erwirtschaftete 2020 einen Umsatz von rund 50 Millionen Schweizer Franken. Dank neuer technologiegetriebener Innovationen und einer hochmodernen Flotteninfrastruktur konnte die ISS Kanal Services AG in den letzten Jahren eine führende Marktposition in der Schweiz im Bereich Infrastruktur aufbauen.

Mit dem Verkauf wird die strategische Entscheidung der ISS Group umgesetzt, sich auf das Kerngeschäft der integrierten Facility Services und Großkunden zu konzentrieren.

EY unterstützte ISS bei dieser Transaktion mit Sell-Side Financial Due Diligence Services. Das Team wurde von Søren P. Krejler und Simon Sterchi geleitet, unterstützt von Steffen Elmhauge, Max Lanz und Daniel Zeder.

März 2021

First Sentier Investors ("FSI") hat eine Vereinbarung zum Verkauf von 100% der Ferngas Gruppe an die deutsche Versicherungsgruppe VKB unterzeichnet. EY hat FSI in finanziellen, steuerlichen und regulatorischen Fragen beraten. Seit der ersten Investition von FSI in die Ferngas Group im Jahr 2013 hat EY FSI bei weiteren Akquisitionen und Umstrukturierungen, einschließlich Refinanzierungen, bis hin zur erfolgreichen Veräußerung beraten.

Die Infrastruktur-Gruppe von EY hat FSI bei dieser Transaktion mit Unterstützung mehrerer Service Lines beraten. Dr. Florian Ropohl - Senior Partner im Bereich Transaction Tax mit starkem Fokus auf Infrastruktur - leitete den steuerlichen Workstream und wurde unterstützt von Lukas Göckeritz, Kai Dittmer und Fabian Dominique Schröder. Dr. Robert Wienken, Senior Partner Transaction Due Diligence, leitete die Financial Due Diligence mit Unterstützung von Michael Riedel und Mirena Bordelieva. Andreas Siebel leitete den regulatorischen Workstream, unterstützt von Florian Willmitzer und Yu-Hui Liu. Florian Ropohl, Robert Wienken und Michael Riedel haben FSI bereits im Jahr 2013 beraten, als die Ferngas-Story begann.

März 2021

Die NORD Holding hat die Geschäfte ihrer jüngsten Akquisition AI Fitness mit ihrem bereits bestehenden Portfoliounternehmen Jumpers in der neu gegründeten BestFit-Gruppe zusammengeführt. Mit einer starken Präsenz in Süd- und Westdeutschland verfügt die BestFit-Gruppe in 2020 über 64 Studios und mehr als 210.000 Mitglieder.

Die 2008 gegründete Jumpers-Gruppe ist eine der führenden Premium-Discount-Gruppen im Fitness-Bereich in Süddeutschland. Seit der Übernahme im Jahr 2013 unterstützt die NORD Holding die Jumpers-Gruppe auf ihrem Weg zum führenden Anbieter von Premium-Discount-Fitness in Süddeutschland. Die Übernahme und Integration der 2003 gegründeten AI Fitness ist ein weiterer Meilenstein in der Verfolgung der Buy-and-Build-Strategie der NORD Holding für Jumpers.

Die NORD Holding ist eine der führenden Private-Equity-Asset-Management-Gesellschaften in Deutschland mit 50 Jahren Erfahrung und einem verwalteten Vermögen von rund 2,5 Milliarden Euro.

Neben steuerlicher Begleitung unterstützte EY die NORD Holding bei dieser Transaktion mit einer Financial Due Diligence sowie mit Post-Merger-Integrationsdienstleistungen. Die Teams wurden von Georg Beckmann, Andreas Krajewski und Christian Rieschel geleitet.

März 2021

Die Schweizer Franke-Gruppe hat vereinbart, ihre Water Systems-Sparte an von Equistone Partners Europe beratene Fonds zu veräußern. Die Transaktion umfasst die Geschäftseinheiten "Water Systems Commercial Group" und "KWC Group" und steht unter dem Vorbehalt behördlicher Genehmigungen.

Die Water Systems Commercial Group bietet intelligente Sanitärausstattungen für gewerbliche Kunden an, während die KWC Group exklusive Armaturen für das Privatkundensegment herstellt. Neben der Schweiz verfügt die Water Systems-Sparte über Produktions- und Vertriebsstätten in weiteren europäischen Ländern, in Großbritannien, den Vereinigten Arabischen Emiraten und China.

Equistone Partners Europe ist ein langfristig orientierter Eigenkapitalinvestor und arbeitet eng mit dem Management seiner Portfoliounternehmen zusammen.

EY unterstützte die Franke-Gruppe bei dieser Transaktion mit umfassender und multidisziplinärer Beratung (Sell-Side Factbook mit den Bereichen Financial, Scoping und Carve-out, Pension und Tax). Das Team wurde von Michael Messerli, Martin Baumgartner und Robert Kendzia geleitet mit Unterstützung von Luise Kremer, Nadine Kammerer und weiteren Teammitgliedern.

Februar 2021 

Partners Group, ein führendes globales Private-Markets-Unternehmen, das im Auftrag seiner Kunden handelt, erwirbt Parmaco Oy von einem Konsortium von Private-Equity-Firmen.

Das finnische Unternehmen Parmaco entwirft, baut und vermietet Gebäude, die als Schulen und Kindertagesstätten in Finnland und Schweden nutzungsfertig bereitgestellt werden. Parmaco kümmert sich auch um die Instandhaltung seiner Gebäude. Nahezu alle Gebäude sind an Mieter aus dem öffentlichen Sektor vermietet.

Partners Group ist es ein Anliegen, durch aktives Anteilsmanagement und Unternehmensentwicklung eine positive Wirkung auf Stakeholdergruppen zu erzielen. Partners Group will eng mit dem Management von Parmaco zusammenarbeiten, um das Unternehmen zu einem führenden Anbieter von modularen Gebäuden in der nordischen Region zu entwickeln.

EY hat Partners Group bei dieser Transaktion mit umfassender und multidisziplinärer Beratung unterstützt. Das Team wurde von Simon Sterchi, Hannes Schobinger und Aurimas Racas geleitet, unterstützt von Verena Pütz.

Februar 2021

Storskogen hat eine Mehrheitsbeteiligung an PerfectHair.ch erworben, dem führenden Online-Händler für professionelle Haarpflege- und Schönheitsprodukte in der Schweiz.

Nach der Gründung im Jahr 2008 begann PerfectHair mit dem Verkauf professioneller Haarpflegeprodukte und erweiterte sein Portfolio später um Beauty-Produkte. Aktuell werden mehr als 30.000 Artikel und 300 Marken online angeboten. Zudem betreibt PerfectHair fünf Haar- und Beautysalons im Raum Zürich, in denen die Produkte auch offline verkauft werden.

Storskogen ist ein privates Unternehmen, das sich zum Ziel gesetzt hat, stabile, marktführende Unternehmen in den Bereichen Dienstleistung, Industrie und Handel zu erwerben und zu führen. Storskogen umfasst derzeit 67 Geschäftseinheiten mit insgesamt 4.000 Mitarbeitern. Die Veräußerung seiner Unternehmen ist nicht Teil der Strategie von Storskogen.

EY hat Storskogen bei dieser Transaktion mit Financial Due Diligence-Leistungen unterstützt. Das Team wurde von Simon Sterchi geleitet, unterstützt von Verena Pütz, Philipp Dialer und Martin Nef.

Januar 2021

Das spanische Telekommunikationsunternehmen Telefónica hat mit American Tower eine Vereinbarung über den Verkauf der Telekommunikationssparte seiner Tochtergesellschaft Telxius Telecom in einigen europäischen (Spanien, Deutschland) und lateinamerikanischen Ländern (Brasilien, Peru, Chile und Argentinien) unterzeichnet. Die Transaktion steht unter dem Vorbehalt der behördlichen Genehmigungen.

Telefónica ist eines der größten Telekommunikationsunternehmen der Welt, das hauptsächlich in Lateinamerika und einigen europäischen Ländern tätig ist.

Die Betreiber der Telefónica-Gruppe werden die unterzeichneten Mietverträge der Türme beibehalten, so dass diese Betreiber ihre Dienste weiterhin zu ähnlichen Bedingungen wie bisher anbieten werden.

EY hat American Tower bei dieser Transaktion in Spanien, Brasilien, Peru, Argentinien und den USA beraten. In Deutschland erbrachte das Team um Dr. Florian Ropohl die Tax Due Diligence, die steuerliche Strukturierung sowie weitere transaktionsbezogene Steuerdienstleistungen.

Januar 2021

Die BayWa AG hat die Investorensuche für die geplante Kapitalerhöhung bei der BayWa r.e. renewable energy GmbH (BayWa r. e.) erfolgreich abgeschlossen: Energy Infrastructure Partners (EIP), vormals Credit Suisse Energy Infrastructure Partners, zeichnete eine Kapitalerhöhung von 49 Prozent.

BayWa r.e. ist ein weltweit führender Entwickler, Dienstleister, Verteiler und Anbieter von Energielösungen im Bereich erneuerbare Energien. BayWa r.e. ist in ganz Europa, Nordamerika und im asiatisch-pazifischen Raum tätig und investiert strategisch in neue und aufstrebende Märkte.

EIP ist spezialisiert auf langfristige Investitionen in den Energiesektor. EIP verfügt über ein umfangreiches Branchennetzwerk, langjährige Transaktionserfahrung, eine starke Leistungsbilanz und solide Partnerschaften mit Energieversorgungsunternehmen und der öffentlichen Hand.

EY hat EIP bei dieser Transaktion mit Financial, Tax und Commercial Due Diligence Services unterstützt. Dr. Florian Ropohl leitete den steuerlichen Workstream und wurde von Christian Rinke unterstützt. Martin Selter leitete die Financial und Commercial Due Diligence mit Unterstützung von Dr. Erik Lehmann.

Dezember 2020

Der Private-Equity-Investor PAI Partners wird die Apleona-Gruppe von EQT übernehmen.

Die Apleona-Gruppe wurde durch einen Carve-out aus der Bilfinger SE im Jahr 2016 gegründet und hat ihren Hauptsitz in Neu-Isenburg. Das Unternehmen erbringt technische, kaufmännische und infrastrukturelle Facility-Management-Dienstleistungen in mehr als 30 Ländern mit über 20.000 Mitarbeitern. Das integrierte Dienstleistungsangebot unterstützt Kunden beim Management ihrer Umweltauswirkungen durch digitale Lösungen.

Die Transaktion unterliegt den üblichen Bedingungen und Genehmigungen.

EY unterstützte PAI Partners bei dieser Transaktion mit Financial, Tax and Pension Due Diligence. Das Financial Due Diligence Team bestand aus Christoph Steinlen, Sandra Krusch und Erik Lehmann. Alexander Reiter und Mark Zimmermann waren für die Tax Due Diligence zuständig, während Henning Curti und Bastian Nieuwenhuis das Pension Due Diligence Team bildeten.

November 2020

Olmero wurde im Jahr 2000 gegründet und ist ein Pionier in der Digitalisierung des Bausektors. Zum Hauptangebot gehören eine SaaS-basierte Ausschreibungsplattform und eine Projektmanagementlösung, welche die digitale Kommunikation in der Branche erleichtert und Prozesse vereinfacht. Das Gesamtvolumen der auf den Plattformen von Olmero verwalteten Projekte beläuft sich auf rund fünf Milliarden Schweizer Franken pro Jahr. Zusätzlich zu seinen sechs Niederlassungen in der Schweiz verfügt Olmero über ein Entwicklungsteam in Düsseldorf (Deutschland) und Belgrad (Serbien).

Die TX Group ist ein Netzwerk von digitalen Plattformen in der Schweiz, das seinen Benutzern täglich Informationen, Orientierung, Unterhaltung und Dienstleistungen anbietet.

Die Byggfakta Group ist ein Portfoliounternehmen von Stirling Square Capital Partners und TA Associates und ein führender Anbieter von Business-Intelligence- und Datenanalyse-Dienstleistungen in den Bereichen Bauwesen, Immobilien und Gesundheitswesen in den nordischen, iberischen und DACH-Regionen.

EY unterstützte die TX Group bei dieser Transaktion bei der Vorbereitung von Carve-out-Finanzdaten und einem Verkäufer-Informationsdokument mit Finanz-, Steuer- und Renteninformationen.

Oktober 2020

SONA Deutschland ist einer der führenden Hersteller von hochpräzisen Schmiedekomponenten für die Automobil-, LKW- und allgemeine und Bauindustrie und beliefert einen prominenten Kundenstamm, der sich aus weltweit gut positionierten OEMs wie VW, Daimler, MAN und Caterpillar zusammensetzt. Das Unternehmen operiert über eine Plattform von drei deutschen Produktionsstätten in München, Duisburg und Remscheid.

SONA Deutschland wurde in einem schwierigen Umfeld aus dem Insolvenzverfahren an den tschechischen Industriekonzern Winning Group verkauft; eine Gruppe, die von Managern mit starker industrieller und internationaler Expertise geleitet wird. Mithilfe des eigenen internationalen Netzwerks leitete EY erfolgreich einen strukturierten und wettbewerbsfähigen M&A-Prozess auf globaler Ebene.

Zudem fungierte EY als exklusiver M&A-Berater des Verkäufers Dr. Jörg Bornheimer, GÖRG Partnerschaft von Rechtsanwälten mbB, mit einem engagierten, branchenfokussierten und interdisziplinären Team unter der Leitung von Stephan Hellmann (M&A-Beratung) und Falk Schnurbusch (Turnaround and Restructuring Strategy).