CGS acquires majority stake in InnoLas Solutions GmbH with Heuking Kühn Lüer Wojtek
With a team led by Stuttgart-based partner Dr. Hermann Ali Hinderer, Heuking Kühn Lüer Wojtek advised a private equity fund advised by CGS Management AG on the acquisition of a majority stake in InnoLas Solutions GmbH. Jointly with previous owner Richard Grundmüller, who remains a shareholder in the company, CGS intends to develop InnoLas Solutions GmbH into a global laser machine manufacturer for micromachining as part of a buy and build strategy.
Heuking Kühn Lüer Wojtek legally advised CGS comprehensively on the transaction. The advisory services also included the managing and coordinating of asset acquisition in the U.S. Following the acquisition of Stürtz group, InnoLas Solutions GmbH’s acquisition is the second transaction that Heuking Kühn Lüer Wojtek has managed for CGS within the last six months.
InnoLas Solutions GmbH is a developer and manufacturer of customer-specific machinery and process solutions for high-precision laser applications in the photovoltaic, electrical, and semiconductor industries as well as in precision engineering. With 80 employees, the company supplies customers in its core markets of Europe, the U.S.A., and Asia. InnoLas Solutions GmbH is headquartered in Krailling, Germany.
CGS Management AG is headquartered in Pfäffikon SZ, Switzerland. CGS develops medium-sized companies into international groups. CGS funds have been investing in platform companies in German-speaking countries of Europe and in complementary acquisitions worldwide since 1999.
Counsel to CGS Management AG
Heuking Kühn Lüer Wojtek:
Dr. Hermann Ali Hinderer, LL.M. (USD) (Lead, Corporate/M&A),
Lena Ziegler (Corporate/M&A),
Antje Münch, LL.M. (IP/IT),
Dr. Markus Klinger (IP/IT),
Dr. Frank Baßler (Real Estate), all Stuttgart
Astrid Wellhöner, LL.M. Eur. (Employment), Munich
Dr. Frederik Wiemer (Antitrust), Hamburg
Frank Hollstein (Commercial), Frankfurt
Dr. Anton Horn
Peter Horstmann (both IP/IT), both Düsseldorf
Ute Klemm, LL.M. (Public Law), Frankfurt
Dr. Stefan Jöster, LL.M. (Insurance), Cologne