The Munich-based investment fund Lenbach Equity Opportunities II GmbH & Co. KG (“LEO II Fund”), which is exclusively advised by DUBAG Group, has signed an agreement to acquire the global chain operating systems business of global automotive and industrial supplier Schaeffler.<\/p>\n\n
The current LEO II fund, which focuses on acquisitions of companies in special situations and complex carve-outs, has been advised by Renzenbrink & Partner on financing and tax law issues for the first time. The transaction underlines the expertise of the DUBAG Group and the LEO II Fund in the successful execution of complex carve-outs from listed groups. <\/p>\n\n
As a leading automotive and industrial supplier, the Schaeffler Group has been driving forward pioneering inventions and developments in the fields of motion and mobility for over 70 years. The chain operating systems business, which today ranks among the world’s leading suppliers with its 560 employees, has been built up within the Schaeffler Group since 1986. <\/p>\n\n
The transaction is expected to be completed in the first half of 2022 and is subject to regulatory approvals.<\/p>\n\n
The Renzenbrink & Partner team, led by Isabell Hitzer (Finance), consisted of Dr. Bernd Egbers, Philipp Hogrefe and Zacharias Woltering-Schlenker (all Finance) as well as Marc Holger Kotyrba<\/a> and Dr. Toufic Schilling<\/a> (both Tax).<\/p>\n\n <\/p>\n","protected":false},"featured_media":987,"template":"","class_list":["post-1622","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n