Shearman & Sterling advised Armira on the financing of the acquisition of a majority stake in Scheu-Dental Group.
The seller is, amongst others, former majority shareholder Christian Scheu, who will continue to hold a significant stake in the company.
Scheu-Dental is a mid-sized family business in its third generation with more than 280 employees that develops, produces and markets products and services for dentistry focusing on orthodontics, pressure moulding technique, dental sleep medicine and medical 3D printing technology.
Armira is an industrial holding company focusing on direct equity investments in privately-held, medium-sized “Mittelstand” businesses in Germany, Austria and Switzerland. Armira engages in established, profitable companies offering high potential for sustainable value enhancement typically generating between EUR 50m and EUR 500m in sales.
Shearman & Sterling advised Armira with a team including Winfried M. Carli (Picture), Andreas Breu and Nils Holzgrefe.
Law Firms: Shearman & Sterling;