With a team led by Dr. Oliver Böttcher from its Cologne office, Heuking Kühn Lüer Wojtek advised the shareholders of Moderne Befestigungselemente GmbH on the sale of the company to SFS Group AG. The sale served to secure corporate succession.
MBE is a leading provider of painted fasteners for high-quality building facades. It primarily supplies specialist retailers in Germany with painted fastening systems for curtain-type, ventilated exterior wall coverings. In addition to its strong and long-standing customer relationships with specialist retailers, MBE has vast expertise in painting technology and differentiates itself on its very quick response and delivery times.
The buyer is SFS Group AG, headquartered in Heerbrugg, Switzerland, and listed on the SIX Swiss Exchange. SFS is a global leader in mechanical fastening systems, precision parts, assemblies, and logistics systems. The group employs more than 10,000 at over 80 sites worldwide and generated sales in excess of CHF 1.7 billion in 2018.
The Heuking team advised the sellers comprehensively from structuring the transaction to the contractual documentation to closing and notification of the antitrust authorities.
Counsel to Moderne Befestigungselemente GmbH
Heuking Kühn Lüer Wojtek:
Dr. Oliver Böttcher (Lead),
Kristina Schneider, LL.M. (both Corporate), both Cologne
Dr. Frank Baßler (Real Estate), Stuttgart
Fabian G. Gaffron (Tax), Hamburg
Beatrice Stange, LL.M. (Antitrust),
Christoph Hexel (Employment), both Düsseldorf