Heuking Kühn Lüer Wojtek advised German investment firm Odewald KMU II on the acquisition of Langer & Laumann Ingenieurbüro GmbH from Nordwalde.
Langer & Laumann Ingenieurbüro GmbH specializes in installing and modernizing door drives for elevators and safety doors on or in machinery. Its managing majority shareholders reinvested their interests as part of the transaction and will continue to manage the group.
Odewald KMU Gesellschaft für Beteiligungen mbH is a private equity firm specializing in growth capital, buyouts, succession solutions (frequently first-generation companies), growth financing facilities, and the spinning-off of corporate divisions from large companies. The Firm, led by Heiko Arnold, Joachim von Ribbentrop, Oliver Schönknecht, Igor Golubov and Axel Reske is based in Berlin.
The Odewald KMU II Fund has a volume of EUR 200 million and invests in attractive target markets in German-speaking SMEs. The industry focus lies on profitable, fast-growing small and medium-sized companies in “German art of engineering,” intelligent services, and the healthcare sector. Typical investments concern succession plans and/or growth financing. The target companies typically generate sales of between EUR 20 million and 100 million, have an entrepreneurial management team, are highly successful in their operations, and occupy a market-leading position in the relevant market. Investments range between EUR 5 million and 30 million of equity per transaction.
Heuking Kühn Lüer Wojtek advised Odewald KMU II with Pär Johansson (Picture), Christoph Schork (both M&A), Tim Remmel, Sascha Schewiola (Employment), and Verena Hoene (IP).
Involved fees earner: Pär Johansson – Heuking Kühn Lüer Wojtek; Christoph Schork – Heuking Kühn Lüer Wojtek; Tim Remmel – Heuking Kühn Lüer Wojtek; Sascha Schewiola – Heuking Kühn Lüer Wojtek; Verena Hoene – Heuking Kühn Lüer Wojtek;
Law Firms: Heuking Kühn Lüer Wojtek;
Clients: Odewald KMU;