DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH’s acquisition of DBW Advanced Fiber Technologies Group


Heuking Kühn Lüer Wojtek advises DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH on the deal

MB Dr. Dieter Murmann Beteiligungsgesellschaft mbH (DMB), Kiel has acquired all shares in DBW Advanced Fiber Technologies Group (DBW) from Süd-Kapitalbeteiligungs-Gesellschaft mbH. Süd-Kapitalbeteiligungs-Gesellschaft mbH is a wholly-owned subsidiary of Süd Beteiligungen GmbH (SüdBG), which in turn is a wholly-owned subsidiary of Landesbank Baden-Württemberg.

DBW, founded in 1980 and headquartered in Bovenden near Göttingen, develops and manufactures high-quality fiber and metal products for the automotive industry. DBW produces high-temperature and corrosion-resistant products that are also used in the non-automotive sector. It has some 870 employees in Germany and subsidiaries worldwide at sites in Poland, Hungary, Spain, USA, Mexico, and China. In 2016, the group generated revenue of EUR 77 million. Following the acquisition of DBW Group in 2008 from the founding shareholder under a successor agreement, SüdBG strategically developed the group and expanded it internationally. On the market, DBW group was positioned as a development partner of the automotive sector.

DMB, a third-generation family-owned company, now comprises five independent groups with 21 sites around the world, which are leaders in the manufacturing of compressors, multi-functional outdoor cabinets, gear cutting machinery, car glass soldering connectors, as well as measuring and testing equipment.

The parties have agreed not to disclose details of the transaction.

Heuking Kühn Lüer Wojtek has advised DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH with a team including Stefan Duhnkrack (Picture, M&A), Katharina Prasuhn (Corporate, M&A), Hans Henning Hoff (Corporate, Due Diligence), Thomas Schulz, LL.M. (Employment), Christina Etzel (Public Law), Søren Pietzcker, LL.M. (Trademark Law), all Hamburg; and Anton Horn (Patent Law), Düsseldorf

Involved fees earner: Stefan Duhnkrack – Heuking Kühn Lüer Wojtek; Katharina Prasuhn – Heuking Kühn Lüer Wojtek; Hans Henning Hoff – Heuking Kühn Lüer Wojtek; Thomas Schulz – Heuking Kühn Lüer Wojtek; Christina Etzel – Heuking Kühn Lüer Wojtek; Søren Pietzcker – Heuking Kühn Lüer Wojtek; Anton Horn – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH ;