Heuking Kühn Lüer Wojtek Advises Odewald & Compagnie on the Sale of the BOA Group
Heuking Kühn Lüer Wojtek provided counsel to financial investor Odewald & Compagnie on the sale of its majority holding in the BOA Group. In the scope of the transaction, U.S.-based private equity fund AEA Investors will acquire the majority in the BOA Group, headquartered at Stutensee. Details of the transaction agreed in September will not be disclosed. The acquisition is subject to the approval of the antitrust authorities.
BOA Group is one of the world's leading manufacturers of flexible mechanic elements for the automotive industry and for a broad range of industrial applications. BOA Group comprises about 20 subsidiaries and holdings in eleven countries.
With managed capital in excess of one billion euro, Odewald & Compagnie is one of the leading German private equity houses. The funds managed by Odewald & Compagnie invest in mid-sized companies with the objective to support management of the portfolio companies in the increase in company value.
Heuking Kühn Lüer Wojtek has regularly provided legal counsel to Odewald & Compagnie on transactions. Most recently, Heuking Kühn Lüer Wojtek advised Odewald & Compagnie on the sale of the Kaffee Partner group in April/May 2010.
Counsel to Odewald & Cie.: Heuking Kühn Lüer Wojtek, Cologne: