A team led by Dr. Stefan Duhnkrack, Partner at the Hamburg office of business law firm Heuking Kühn Lüer Wojtek, legally advised the family shareholders on the sale of the shares of Mackprang Holding in Bavarian automotive supplier Schlemmer GmbH to British financial investor 3i. Following the accession of Hannover Finanz as a limited partner of Mackprang Holding GmbH & Co. KG, the family shareholders had still held about 42 percent of the shares in the company.
3i acquired all shares of Schlemmer GmbH in Mackprang Holding and will continue to invest in Schlemmer with currently some 2,500 employees worldwide and annual sales of EUR 220 million in 2015. The transaction is subject to regulatory approvals. The purchase price was not disclosed.
In 2012, Heuking Kühn Lüer Wojtek had legally advised Mackprang Holding both on the accession of Hannover Finanz as the new majority shareholder and on the subsequent sale of its logistics division to Trans Service Team.
Counsel to Mackprang
Heuking Kühn Lüer Wojtek:
Dr. Stefan Duhnkrack