HEUKING advises DBAG on sale of Kraft & Bauer to Grohe family
Deutsche Beteiligungs AG (DBAG), together with private equity fund DBAG Fund VII, which it advises, is selling its stake in Kraft & Bauer Holding GmbH to Syngroh Capital, the investment vehicle of the Grohe family. A HEUKING team led by Dr. Oliver von Rosenberg, LL.M. (Georgetown University Law Center), advised Deutsche Beteiligungs AG and DBAG Fund VII on legal and tax matters in connection with the transaction and supported them throughout the contract negotiations.
Deutsche Beteiligungs AG is a listed private equity firm based in Frankfurt am Main that has been investing in mid-sized companies since 1965. Its sector focus includes manufacturers of industrial products, industrial service providers, and IndustryTech companies, in particular businesses whose products enable automation, robotics, and digitalization, as well as companies in business services, IT services, software, healthcare, environmental services, energy, and infrastructure. DBAG operates in the two business areas of Fund Investment Services and Private Equity Investments and manages assets of some EUR 2.7 billion (as of 2025).
Kraft & Bauer Holding GmbH develops, manufactures, and installs fire protection systems for precision machinery tools and is a leading provider in this industrial niche. Its systems help reduce the risk of unscheduled downtime, property damage, and production losses, while generating recurring revenue through regular maintenance. Under DBAG’s ownership, the company further strengthened its market position and expanded its international presence, particularly beyond the German-speaking region. DBAG considers this the right time to transfer the investment to a new owner that will drive the company’s next growth phase while also ensuring long-term stability.
The team led by Dr. Oliver von Rosenberg regularly advises on domestic and international M&A transactions, including acquisitions and disposals of mid-sized industrial companies as well as private equity investments.
Counsel to Deutsche Beteiligungs AG
HEUKING:
Lead Dr. Oliver von Rosenberg, LL.M. (Georgetown University Law Center),
Mark Rossbroich, LL.M. (King’s College London),
Christopher Kleinert
Meike Daniels (all Corporate / M&A), all Cologne,
Dr. Markus Löbbert (Corporate / M&A), Düsseldorf,
Sandra Pfister, LL.M. (Sydney),
Beliardis Ehlert-Gasde (both Finance),
Fabian G. Gaffron,
Simon Pommer, LL.M. (both Tax), all Hamburg,
Dr. Ruben A. Hofmann (IP), Cologne,
Dr. André Hofmann, LL.M. (Melbourne),
Thalia Roth (both Banking & Finance), both Frankfurt,
Dr. Tobias Plath, LL.M. (Insurance), Düsseldorf,
Christian Staps (Insolvency), Frankfurt
