Renzenbrink & Partner advises the Schwingshandl shareholders on the sale to IK Partners

Renzenbrink & Partner advised the shareholders of the Austrian Schwingshandl automation technology GmbH on the sale of a majority stake to the IK Small Cap III Fund advised by IK Partners as well as on the reinvestment of the sellers. The two founders, Thomas Schwingshandl and Enrico Larcher, each remain minority shareholders in the cooperation with IK.

Schwingshandl automation technology, founded in 2003, is a leading global provider of customized intralogistics solutions.

Renzenbrink & Partner advised the sellers comprehensively on the legal and tax aspects of the transaction with a team consisting of partners Dr. Ulf Renzenbrink, Christopher Blumenthal (Corporate/M&A) and Marc H. Kotyrba (Tax) as well as senior associates Dr. Alexander Haunschild (Corporate/M&A), Dr. Toufic Schilling (Tax) and associate John Varga (Corporate/M&A). Barnert Egermann Illigasch advised on selected issues of Austrian law, taxpro (Vienna, Christian Strauß) on Austrian tax law.

The sales process was managed by Houlihan Lokey (Frank Merkel, Michaela Pfeifenberger).