Hengeler Mueller advises Knorr-Bremse on acquisition of Electrical Systems division from Vossloh
22. December 2016
The Knorr-Bremse Group ("Knorr Bremse") is acquiring Vossloh Kiepe – the Electrical Systems unit of Vossloh AG. The two companies have signed an agreement to this effect. With this acquisition, Knorr Bremse is adding state-of-the-art drive technology for rail and commercial vehicles to its portfolio. Closing of the transaction is subject to approval by the anti-trust authorities and is expected in the first quarter of 2017.
Hengeler Mueller advised Knorr Bremse on the transaction. The Hengeler Mueller team was led by partners Simon Patrick Link (Corporate/M&A) and Hans-Jörg Ziegenhain (Corporate/M&A) (both Corporate/M&A, Munich) and included partners Matthias Scheifele (Tax), Christian Hoefs (Labour) (both Frankfurt), Christoph Stadler (Antitrust), Vera Jungkind (Public Law) (both Düsseldorf) as well as associates Bernd Dreier, Lisa Kopp, Daniel Illhardt, Georg Heiß (all Corporate/M&A, Munich), Susanne Walzer (Labour, Frankfurt), Anja Balitzki (Antitrust, Düsseldorf), Steffen C. Hörner (Tax, Frankfurt) and Deniz Tschammler (Public Law, Düsseldorf).