Heuking Kühn Lüer Wojtek and Barandun von Graffenried advised on the deal
With the acquisition of Teufel Solutions AG, TRUMPF strengthens its portfolio around digitally networked manufacturing. Teufel Solutions has expertise in areas including TruTops Fab and TruConnect, which complement TRUMPF’s Industry 4.0 activities.
TRUMPF provides manufacturing solutions in the machine tools and laser technology sectors and advances digitally networked manufacturing through consulting, platform and software offerings. With some 13,500 employees, the company generated sales in excess of EUR 3 billion in 2017/18. Headquartered in Ditzingen and operating more than 70 subsidiaries, it is represented in almost all European countries, in North America, South America, and Asia.
Teufel Solutions, founded in 2002 as an SAP system house based in Bottighofen, Switzerland, is a development partner of TRUMPF. As a software partner, Teufel Solutions develops tailor-made solutions for companies in mechanical engineering.
Heuking Kühn Lüer Wojtek advised TRUMPF GmbH + Co. KG with a team including Hermann Ali Hinderer (Picture, Corporate/M&A), Markus Klinger (IP/IT) and Christoph Hexel (Employment), Düsseldorf
In Switzerland, Barandun von Graffenried advised TRUMPF GmbH + Co. KG on the deal.
Law Firms: Heuking Kühn Lüer Wojtek;
Clients: TRUMPF GmbH + Co. KG;