Böllhoff Group’s Acquisition Of SNEP SA

Watson Farley & Williams advised the Böllhoff Group on the deal. Reed Smith a conseillé SNEP SA.

Böllhoff Group (“Böllhoff”), a supplier of assembly technology to the aeronautical, automotive and manufacturing sectors, acquired SNEP SA (“SNEP”), a French company specialising in the manufacture of fasteners, especially for the aeronautical sector. The acquisition contract was signed in March 2021 and the transaction completed on 1st June.
Given SNEP’s core business, this acquisition complements Böllhoff’s offering to clients in the aeronautical and aerospace sectors in particular.

This is a key sector of expansion for Böllhoff and one in which WFW Paris previously assisted them in with the acquisition of a significant stake in Gillis Aerospace in March 2020.

A fourth-generation family run business founded in Germany, in 1877, Böllhoff is one of the world’s leading manufacturers and suppliers of fasteners and assembly systems and has 3000+ employees in 24 countries worldwide. Its client base spans the automotive and manufacturing sectors as well as, more recently, the aeronautics and aerospace sectors for which it develops innovative solutions for leading European and North American manufacturers.

The WFW Paris Corporate team advising Böllhoff comprised Partner Pascal Roux (Picture), Counsel Anne-Kelly d’Amécourt and Senior Associate Pierre Chipaux.

BDO were represented by Partner Alban Cabanis and Assistant Manager Solène Durmois.

The Reed Smith team included Isabelle MacElhone, Nicolas Walker, Guillemine Berne.

Involved fees earner: Guillemine Berne – Reed Smith; Isabelle MacElhone – Reed Smith; Nicolas Walker – Reed Smith; Pierre Chipaux – Watson Farley & Williams; Anne-Kelly d’Amécourt – Watson Farley & Williams; Pascal Roux – Watson Farley & Williams;

Law Firms: Reed Smith; Watson Farley & Williams;

Clients: Böllhoff Group; SNEP SA;

Author: Federica Tiefenthaler