TRUMPF acquires Teufel Solutions AG assisted by Heuking Kühn Lüer Wojtek
Effective August 1, 2018, TRUMPF GmbH + Co KG acquired Swiss company Teufel Solutions AG. A team led by Dr. Hermann Ali Hinderer, Partner at Heuking Kühn Lüer Wojtek, advised the technology company on the transaction.
With the acquisition of Teufel Solutions AG, TRUMPF strengthens its portfolio around digitally networked manufacturing. Teufel Solutions has expertise in areas including TruTops Fab and TruConnect, which complement TRUMPF’s Industry 4.0 activities.
TRUMPF provides manufacturing solutions in the machine tools and laser technology sectors and advances digitally networked manufacturing through consulting, platform and software offerings. With some 13,500 employees, the company generated sales in excess of EUR 3 billion in 2017/18. Headquartered in Ditzingen and operating more than 70 subsidiaries, it is represented in almost all European countries, in North America, South America, and Asia.
Teufel Solutions, founded in 2002 as an SAP system house based in Bottighofen, Switzerland, is a development partner of TRUMPF. As a software partner, Teufel Solutions develops tailor-made solutions for companies in mechanical engineering.
Counsel to TRUMPF GmbH + Co. KG
Heuking Kühn Lüer Wojtek:
Dr. Hermann Ali Hinderer, LL.M., (Lead, Corporate/M&A),
Dr. Markus Klinger (IP/IT), both Stuttgart
Christoph Hexel (Employment), Düsseldorf
Barandun von Graffenried