Indutrade’s Acquisition of Tecno Plast Industrietechnik GmbH

Heuking Kühn Lüer Wojtek advised Tecno Plast Industrietechnik GmbH on this transaction.

Indutrade signed an agreement with the intent to acquire all of the shares in the German company Tecno Plast Industrietechnik GmbH.

TECNO-PLAST Industrietechnik GmbH is a Düsseldorf-based specialist for hoses and hose systems. In addition to expertise in the relevant markets and technical applications, TECNO-PLAST has own clean room capacities and offers predominantly customer-specific solutions. Established in 1972, the company’s customers hail mainly from the biopharmaceutical, pharmaceutical, medical technology, and chemical industries. As a supplier to vaccine manufacturers, the company is currently experiencing particular demand because it is also contributing to the fight against the coronavirus pandemic. With currently around 80 employees, the company generates sales of about EUR 23 million.

Indutrade is an international industrial group that develops and acquires companies that are characterized by high-tech know-how and an ability to build enduring, close relationships with customers and suppliers. Today, the Swedish group operates through more than 200 subsidiaries with some 7,000 employees in more than 30 countries, on six continents.

The Heuking team was led by Dr. Ali ?ahin (Picture) and included Dr. Till Naruisch, Dr. Erdem ?i?mangil, Frank Hollstein, Dr. Markus Collisy, Christoph Hexel, Klaus Weinand-Härer, Dr. Frederik Wiemer, Astrid Luedtke, Beatrice Stange, Philipp Roman Schröler and Adam Brockmann.

Involved fees earner: Adam Brockmann – Heuking Kühn Lüer Wojtek; Markus Collisy – Heuking Kühn Lüer Wojtek; Christoph Hexel – Heuking Kühn Lüer Wojtek; Frank Hollstein – Heuking Kühn Lüer Wojtek; Astrid Luedtke – Heuking Kühn Lüer Wojtek; Till Naruisch – Heuking Kühn Lüer Wojtek; Ali ?ahin – Heuking Kühn Lüer Wojtek; Philipp Roman Schröler – Heuking Kühn Lüer Wojtek; Erdem ?i?mangil – Heuking Kühn Lüer Wojtek; Beatrice Stange – Heuking Kühn Lüer Wojtek; Klaus Weinand-Härer – Heuking Kühn Lüer Wojtek; Frederik Wiemer – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: Tecno Plast Industrietechnik GmbH;