Renzenbrink & Partner advised Southworth International Group on the acquisition of Gruse Maschinenbau

Southworth International Group Inc (“SIGI”), a global provider of ergonomic material handling solutions, has acquired Gruse Maschinenbau GmbH & Co KG (“Gruse”), a 156-year-old German engineering firm specializing in customized lifting systems for industrial material handling and production support which serves customers in 55 countries worldwide.

Headquartered in Falmouth, Maine, SIGI operates globally across North America, Europe, and China, serving customers in over 60 countries. The acquisition of Gruse strengthens SIGI’s presence in Germany as well as Europe and supports the its strategic goal of expanding local engineering capabilities and production capacity within the region.

The Renzenbrink & Partner team consisted of Dr. Dennis Schlottmann and Marc Philip Priesmeyer (both Corporate/M&A) as well as Marc Holger Kotyrba (Tax).