Gleiss Lutz advises viastore shareholders on the sale of the company to Toyota Industries
A Gleiss Lutz team has advised the shareholders of the viastore Group on the sale of all shares in the group to Toyota Industries Corporation (TICO). The viastore Group is a leading international provider of intralogistics systems, intralogistics software and supporting services. Closing of the transaction is still subject to the customary regulatory clearances and is planned for the third quarter of 2022.
Over the past fifty years and more, the viastore Group has become one of the world's leading experts in intralogistics. The company employs a total of 600 staff at its Stuttgart, Bietigheim, Weingarten and Löhne sites, as well as in the U.S., Spain, France, Brazil, the Czech Republic and Russia. In 2021 it generated turnover of around EUR 140 million.
TICO is a listed Japanese conglomerate and global leader in the four areas in which it does business, namely automotive (vehicle and component manufacturing), textile machinery, material handling (Toyota Advanced Logistics Group (THMG) – fork-lift trucks, warehouse technology and lifting platforms) and logistics (Toyota Advanced Logistics Group (TALG)).
The shareholders of the viastore Group were advised on the transaction by the following Gleiss Lutz team, headed by Dr. Michael Burian (partner, Frankfurt, lead) and Dr. Anselm Christiansen (Stuttgart): Ivana Robitzsch (M&A, Stuttgart), Simon Wegmann (M&A and Data Protection, Berlin), Dr. Christian Cascante (partner, Frankfurt), Alexandra Brücher, Dr. Yixiao Li (both Stuttgart, all M&A), Dr. Johannes Hertfelder (partner), Rhued Gaiser (both Competition/Antitrust, Stuttgart), Dr. Jacob von Andreae (partner), Aylin Hoffs (both Foreign Trade Law, Düsseldorf), Dr. Alexander Molle (partner), Dr. Matthias Schilde (both IP/IT, Berlin), Dr. Doris-Maria Schuster (partner), Alexandra-Helene Schwager (both Employment), Dr. Johannes Niewerth (partner), Lesley Milde (both Real Estate, all Hamburg).