Heuking Kühn Lüer Wojtek advises management of Rademacher Group on sale of all shares
A team led by Dr. Andreas Walle, Partner at the commercial law firm of Heuking Kühn Lüer Wojtek in Hamburg, advised the management of Rademacher group on the sale of all corporate shares to holding companies Pinova Capital and Cross Equity. The parties agreed not to disclose the purchase price.
Parts of management reassumed and newly assumed shares in the buyer. Private equity investor Nord Holding had acquired holdings in Rademacher group jointly with the management of Arcadia in 2007.
The Rademacher group operates in the fields of roller shutter and home automation and offers various electronic solutions for comfort and security in the home. The company has two modern production plants in Germany with some 160 employees.
In addition to lead lawyer Walle, Dr. Peter Christian Schmidt and Fabian G. Gaffron legally advised on the participation contracts in the acquiring company, and Dr. Jörg Schewe advised on the sales contract.
Counsel to Management Rademacher Group
Heuking Kühn Lüer Wojtek
Dr. Andreas Walle (Lead),
Dr. Peter Christian Schmidt (Private Equity),
Dr. Jörg Schewe (Corporate/M&A),
Fabian G. Gaffron (Tax), all Hamburg