Renzenbrink & Partner advises 2Connect on the acquisition of Büschel Connecting Systems GmbH
9. November 20212Connect Group B.V. (2Connect), a portfolio company of the IK Small Cap II fund, has acquired Büschel Connecting Systems (BCS) as part of its buy-and-build strategy.
2Connect is a leading manufacturer of special cables and connectors that designs, develops and produces customized connection solutions worldwide. Headquartered in Waalwijk, the Netherlands, the company was founded in 2000 and now employs over 300 people. 2Connect is characterized by the development and production of tailor-made connection solutions with its own engineering and development team.
BCS, based in Albstadt, employs around 30 people in Germany and offers a specialized product portfolio of high-precision special electrical connectors, which are primarily used in the petroleum industry, mining and laboratory technology.
The acquisition of BCS is 2Connect’s first add-on acquisition in Germany.
Renzenbrink & Partner advised 2Connect comprehensively on all legal aspects of the acquisition. The team consisted of partner Dr. Niels Maier and associate Jonas Hamm (both Corporate/PE).