Heuking Kühn Lüer Wojtek have advised funds advised by Maj Invest Equity, Denmark, as well as its portfolio company Vernal A/S on the divestment of Norafin Industries (Germany) GmbH to PINOVA Capital.
Norafin is a leading manufacturer of speciality and technical non-wovens and composites with its seat in Mildenau, Saxony.
The transaction has already been closed. As agreed between the parties, the purchase price of the transaction was not disclosed.
Maj Invest Equity provides advisory services to eight private equity funds and more than 80 portfolio companies with a total commitment in excess of 1,0 billion Euro
Counsel to Maj Invest / Vernal A/S:
Heuking Kühn Lüer Wojtek, Hamburg
Dr. Peter Christian Schmidt,
Dr. Ferenc Krohn, both Corporate Law/M&A