Frankfurt a.M. - Luther Lawfirm provided legal advice to the investment company Halder on the financing aspects of the acquisition of Drumag Fluidtechnik and EPH Elektronik. The acquisition financing was provided by the LGT Private Debt credit fund.
As part of a succession plan, Halder acquired a majority stake in Drumag Fluidtechnik in Bad Säckingen and EPH Elektronik in Besigheim-Ottmarsheim. In addition to the two German locations, the group has activities in Switzerland and Lithuania.
Drumag has over 100 years of experience in pneumatics, hydropneumatics, hydraulics and proportional technology. The company develops, produces and optimises in particular application-specific systems in the areas of drive, control and motion. EPH's range of products and services includes power and control electronics in various designs as well as rotary drive units including motors and geared motors.
Halder has been active as an investment company in German-speaking countries since 1991 and has provided 40 medium-sized companies with equity capital for succession and growth during this time. Halder supports its investments in international expansion, the further development of its strategy and business model, as well as investments in capacity expansion and the financing of acquisitions. The participation in the Group is the second investment of the Halder VI Fund.
LGT Private Debt was advised on the transaction by Ashurst (Anne Grewlich, Dr Philipp Vorbeck).
Luther continuously advises borrowers and lenders on acquisition financing. Most recently, the team advised Beechbrook Capital on debt and equity financing for the Dermedis Group held by Rigeto Entrepreneur Capital. The proceeds of the financing were used for the add-on acquisition of Clinique Matignon.
Luther, Banking, Finance & Capital Markets: Christoph Schauenburg (Partner), Stefan Jokel (Senior Associate)
Luther, Tax: Ulrich Siegemund (Partner)
Christoph Schauenburg, LL.M. (London)
+49 69 27229 24675
+49 69 27229 16364
+49 69 27229 24895