Hengeler Mueller advises Bain Capital on acquisition of Wittur
29. December 2014
Triton and Capvis announced the sale of Wittur, one of the world's largest independent suppliers of elevator components and systems, to a fund managed by Bain Capital Europe LLC ("Bain Capital"). Bain Capital will be the sole owner of Wittur on the completion of the acquisition.
The Wittur Group is one of the world's largest independent suppliers of elevator components and systems with sales companies in 21 countries and 11 production sites. Wittur's core products include doors, safety components and gearless drives, as well as cars, slings and, counterweight frames.
Bain Capital, LLC (www.baincapital.com) is one of the world's foremost privately-held alternative investment firms, with approximately USD 80 bn of assets under management in several pools of capital including private equity, venture capital, public equity, credit products and absolute return. Bain Capital's more than 400 professionals are collectively the single largest investor in all of its funds and are dedicated to investing in and building its portfolio companies. Founded in 1984, Bain Capital has made private equity, growth, and venture capital investments in more than 450 companies around the world.
Hengeler Mueller advised Bain on the acquisition. The Hengeler Mueller team was led by partners Hans-Jörg Ziegenhain (Munich) and Steffen Oppenländer (London) and included Simon Patrick Link, Daniel Wiegand (both Munich) (all Corporate/M&A), Matthias Scheifele (Tax), Christian Hoefs (Labour) (both Frankfurt), Markus Roehrig (Antitrust, Brussels) Vera Jungkind (Compliance) and counsels Andrea Schlaffge, Astrid Harmsen, Patrick H. Wilkening (all IP) as well as associates Jörg Meinzenbach, Lars Mesenbrink, Anja Balitzki (all Antitrust) (all Düsseldorf), Verena Nosch, Christian Lutz, Bernd Dreier (all Corporate/M&A, Munich) Nadine Ischdonat (Labour) and Gunther Wagner (Tax) (both Frankfurt).