Hengeler Mueller advises Dürr on sale of majority in cleaning technology specialist Dürr Ecoclean to Chinese SBS Group
10. August 2016
Dürr is selling 85% of the shares in the Dürr Ecoclean Group to Chinese engineering and machinery company Shenyang Blue Silver Group (SBS Group). In April 2016, Dürr had announced that it is conducting a strategic review of the Ecoclean activities. The Dürr Ecoclean Group is the global market leader in cleaning and surface processing systems for industrial parts. The transaction is subject to regulatory approvals. Dürr will be retaining a minority 15% interest in Dürr Ecoclean.
Hengeler Mueller advised as lead counsel on this on this transaction together with teams in China, Czech Republic, France, India, Mexico and Switzerland. The Hengeler Mueller team was led by Daniela Favoccia and Peter Weyland (Corporate/M&A) and included partners Martin Klein (Tax), Christian Hoefs (Employment), Carsten van de Sande (IT/Outsourcing) (all Frankfurt), Alf-Henrik Bischke (Antitrust, Düsseldorf) and counsel Susan Kempe-Mueller (IT/Outsourcing, Frankfurt) as well as associates Annika Clauss, Thomas Lang, Johannes Honzen, Lucina Berger, Johannes Baumann, Daniel A. Spitze (all Corporate/M&A, Frankfurt).