Gleiss Lutz advised DBAG Fund VII, itself advised by Deutsche Beteiligungs AG ("DBAG"), with all the compliance related matters around its investment in Karl Eugen Fischer GmbH.
Karl Eugen Fischer GmbH ("KEF") is a global leader in the construction of machines for the tyre industry. DBAG Fund VII will acquire the majority of the shares as part of a management buyout; they are being sold by funds advised by Equistone Partners Europe.
Tyre manufacturers across the globe use KEF machines and cutting systems to produce the layers that make up a tyre. KEF has a global market share of around 70%.
A listed company, Deutsche Beteiligungs AG initiates closed-end private equity funds and invests alongside the DBAG funds in well-positioned, mid-sized companies with potential for development. The capital managed and advised on by the DBAG Group amounts to around 1.8 billion euros.
DBAG was advised on compliance-related matters by a Gleiss Lutz team headed by Dr. Eike Bicker (lead, partner) that included the following lawyers:
Marina Stoklasa, Domingo de Prada, Dr. Christoph Skoupil (all compliance, Frankfurt), Dr. Moritz Holm-Hadulla (partner), Dr. Dominik Braun, Dr. Vanessa Gehle (all competition/antitrust, Stuttgart).
For Deutsche Beteiligungs AG, Florian Döring (general counsel) advised on the acquisition and coordinated the process.
Gleiss Lutz regularly advises DBAG and other international and domestic private equity firms on investments in promising companies, including in the venture capital sector.
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