ARQIS has advised Oerlikon on the acquisition of German-based AC-Automation GmbH & Co. KG.
The engineering company is specialized in large-scale plant automation solutions for the textile and packaging industries. The two companies have been partnering since the early 1980s.
The 60 employees at AC-Automation’s Bernkastel-Kues and Augsburg locations will become part of Oerlikon’s Manmade Fibers Segment, which includes the leading brands Oerlikon Barmag and Oerlikon Neumag.
The move will expand the Segment’s business model, adding another key core component to its current offering of production plants and technology solutions from melt to yarn, fibers, and nonwovens. Ultimately, Oerlikon will be able to offer customers a total solution from a single source, including automation logistics for packaging, high-bay storage, and other areas, which complement its current market-leading spinning and process technologies for the textile industry.
ARQIS Rechtsanwälte advised Oerlikon with Mirjam Boche (Picture), Christof Schneider (Corporate/M&A), Andrea Panzer-Heemeier (labour law), Marcus Nothhelfer (IP/IT; Munich); Thomas Chwalek (Corporate/M&A), Eva Trost (labour law) and Philipp Maier (IP/IT; Munich).
Involved fees earner: Mirjam Boche – Arqis; Christof Alexander Schneider – Arqis; Thomas Chwalek – Arqis; Andrea Panzer-Heemeier – Arqis; Eva Trost – Arqis; Marcus Nothhelfer – Arqis; Philipp Maier – Arqis;
Law Firms: Arqis;