Heuking Kühn Lüer Wojtek, advised Munich-based investment holding company Primepulse SE on the acquisition of 100% of the shares in Katek GmbH including its subsidiaries in Austria and Hungary.
The seller is Kathrein SE. With the acquisition of Katek, Primepulse strengthens its Electronics division that also includes Memmingen-based Steca Electronik, which was acquired in 2016, and takes another step on the way to becoming a digitization group. Heuking’s team comprehensive legal advice to Primepulse on the transaction included due diligence, transaction structuring, contract negotiations, and antitrust notification.
Katek group is one of the largest electronics manufacturing services (EMS) in Germany. Its production sites are located in Grassau and Györ, Hungary. With over 800 employees, it generated sales of some EUR 150 million in fiscal 2017. The company covers the entire life cycle of electronic assemblies and devices: from development support, material and project management, production, and logistics to after-sales service. Its customers include well-known national and international companies, particularly in the automotive, telecommunications, consumer electronics, industrial electronics, and medical and measuring instrument technology sectors.
Primepulse SE holds investments in companies from various sectors with a technological focus. The companies benefit from the expertise, resources, and contacts of the diversified Primepulse network. PRIMEPULSE Group is thus expected to exceed one billion euros in consolidated sales with over 4,000 employees in the next fiscal year.
Heuking Kühn Lüer Wojtek advised Primepulse SE with Boris Dürr (Picture), Daniela Szczesny (Corporate/M&A), Reinhard Siegert (Antitrust), Arnold Büssemaker, Licencié en Droit (Reorganization), Peter M. Schäffler (Tax), Marcel Greubel (Corporate/M&A), Christian Schild (Corporate/M&A), Steffen Wilberg (Real Estate), Philip Wenninger (Employment) and Ruth Schneider (Antitrust).
Involved fees earner: Boris Dürr – Heuking Kühn Lüer Wojtek; Daniela Szczesny – Heuking Kühn Lüer Wojtek; Marcel Greubel – Heuking Kühn Lüer Wojtek; Christian Schild – Heuking Kühn Lüer Wojtek; Reinhard Siegert – Heuking Kühn Lüer Wojtek; Ruth Schneider – Heuking Kühn Lüer Wojtek; Arnold Büssemaker – Heuking Kühn Lüer Wojtek; Steffen Wilberg – Heuking Kühn Lüer Wojtek; Philip Wenninger – Heuking Kühn Lüer Wojtek; Peter Schäffler – Heuking Kühn Lüer Wojtek;
Law Firms: Heuking Kühn Lüer Wojtek;
Clients: Primepulse SE;