A consortium of investors advised by Deutsche Invest Mittelstand (DIM) has acquired Babcock & Wilcox Loibl GmbH (Loibl), a subsidiary of Babcock & Wilcox Enterprises, Inc., as part of a carve-out. A team led by Private Equity lawyer Dr. Jörg aus der Fünten, Partner at the law firm of Heuking Kühn Lüer Wojtek, advised DIM on the transaction.
Loibl is one of Germany’s leading providers and manufacturers of customized transport solutions for bulk goods. Its product range extends from individual components to complex systems. The company, founded in 1961, employs 134 people.
Deutsche Invest Mittelstand is an owner-managed investment firm, focusing on medium-sized companies in German-speaking countries with potential for improving sales and profits and on transnational carve-out transactions. DIM supports its portfolio companies with capital solutions and operational and strategic expertise to ensure sustainable and profitable growth.
Counsel to Deutsche Invest Mittelstand
Heuking Kühn Lüer Wojtek:
Dr. Jörg aus der Fünten (Lead, M&A, Corporate), Cologne
Dr. Marc P. Scheunemann, LL.M. (Tax), Düsseldorf
Dr. Sascha Schewiola (Employment), Cologne
Dr. Guido Hoffmann, LL.M. (Banking & Finance), Düsseldorf