Renzenbrink & Partner advises sole shareholder of Paletti Group on sale to MIB Industriebeteiligungen

Renzenbrink & Partner advised the sole shareholder of the Paletti Group on the conclusion of an agreement for the sale of 100% of the shares in the Paletti Group, including all of the company’s real estate.

The Paletti Group is an international manufacturer of profile systems and precision and measuring equipment made of aluminum profiles with headquarters in Minden and subsidiaries in the USA and the UK. Founded in 1990 by Helmuth Kahl, the company has a wide range of more than 450 different profiles and connecting elements, which are sold individually or as complete system solutions.

MIB, founded in Wuppertal in April 2019 and geared towards growth, specializes in the acquisition, long-term support and continuation of medium-sized manufacturing companies. The MIB management team provides expert and supportive assistance to the local management team in the sustainable further development of its subsidiaries, while at the same time giving them the necessary freedom to successfully manage the company’s operations.

The Renzenbrink & Partner team consisted of Dr. Ulf Renzenbrink (Corporate/M&A), Marc H. Kotyrba (Tax/M&A), and Jonas Hamm (Corporate/M&A).