Hengeler Mueller advises Capvis on acquisition of Hennecke

15. April 2016

Capvis Equity IV LP, a private equity fund advised by Capvis Equity Partners AG, Baar/Switzerland, will acquire 100% of the shares of the German Hennecke Group from the Munich-based industrial group ADCURAM. Hennecke is a leading global manufacturer of advanced machinery, equipment and technology for the processing of polyurethane (PUR). The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of 2016.

Hennecke develops, manufactures, sells and services modular equipment and production systems to manufacture PUR components and parts. With about 500 employees, Hennecke is headquartered in Sankt Augustin, Germany, and has production sites in Germany, the USA and China. The group generates annual sales of around €120m from its equipment, engineering, and after-sales service businesses.

Hengeler Mueller is advising Capvis on the transaction. The Hengeler Mueller team is led by partner Daniel Wiegand (M&A, Munich) and includes partners Christian Schwandtner (Management Participation, Düsseldorf), Matthias Scheifele (Tax, Frankfurt), Christian Hoefs (Labour, Frankfurt), Thorsten Mäger (Antitrust, Düsseldorf), counsels Patrick H. Wilkening and Andrea Schlaffge (both IP/IT, Düsseldorf) as well associates Jakub Lorys, Benedikt C. Läufer (both M&A, Munich), Peter Wehner (Labour, Frankfurt), Anja Balitzki (Antitrust, Düsseldorf) and Marius Marx (Tax, Frankfurt).