Gleiss Lutz advises HQ Equita on acquisition of MUEGGE GmbH

A Gleiss Lutz team has advised private equity company HQ Equita extensively on the acquisition of a majority share in MUEGGE GmbH from MEYER BURGER TECHNOLOGY AG. Closing of the transaction is still subject to the customary regulatory clearances and is scheduled for late September 2020. HQ Equita will hold the investment through the intermediary of a new holding company, in which the management will also hold a stake.

MUEGGE is a leading manufacturer of industrial microwave components and systems and plasma sources in the German-speaking parts of Europe. Headquartered in Reichelsheim in Germany, MUEGGE offers innovative solutions for a wide range of industrial applications, including food production, the manufacture of synthetic diamonds and semiconductor components, for drying processes, molecular extraction, and hydrogen production.

HQ Equita is part of the Harald Quandt Group in Bad Homburg. Since its inception in 1992, the private equity investment company has raised capital commitments totalling approximately 1 billion euros and invested in more than 35 primarily owner-managed, mid-market companies, supporting them with their strategic orientation and growth. The investor base includes institutional investors, family offices, foundations and prominent entrepreneur families, including the Harald Quandt family.

Gleiss Lutz frequently advises HQ Equita on transactions, lastly, for example, on the acquisition of r2p/Open Access Group.

The following Gleiss Lutz team advised HQ Equita on the transaction: Dr. Patrick Kaffiné (partner, lead), Dr. Michael Ilter (both Frankfurt), Jan Philipp Mohr (counsel, Hamburg), Dr. Julia Müller, Andrej Popp (all M&A/ private equity), Maximilian Hirsch (corporate, all Frankfurt), Dr. Johann Wagner (partner, Hamburg), Dr. Ocka Stumm, Dr. Leonhard Kornwachs (all Frankfurt), Dr. Philip Niemann (all tax, Hamburg), Dr. Matthias Werner (counsel), Dr. Theresa Uhlenhut (both IP/IT, Munich), Dr. Micha Christopher Pfarr (commercial, Berlin), Frank Schlobach (partner), Dr. Jan-Alexander Lange (both finance, Frankfurt), Dr. Tobias Abend (counsel), Henrike Korthoff (both employment, Frankfurt), Dr. Jacob von Andreae (partner), Aylin Hoffs (both public law, Düsseldorf), Caroline Saalwächter-Hirsch (compliance, Frankfurt), Simon Wegmann (data protection, Berlin), Michael Neher (real estate, Frankfurt).