A Gleiss Lutz team has advised Schaltbau Holding AG on the sale of GEZ (Gesellschaft für elektrische Zugausrüstung) Rail Solutions GmbH to a group of investors consisting of Nord West Management GmbH and Niederrheinische Beteiligungsgesellschaft mbH. The transaction is expected to close before the end of 2022. The parties have agreed not to disclose the purchase price or any further details of the transaction.
With Schaltbau Holding AG looking to streamline its business portfolio, it is now following up the sale of SBRS Charging Solutions to Shell Deutschland GmbH in October of this year – a transaction that Gleiss Lutz also advised on – with the sale of GEZ Rail Solutions GmbH, the second company to emerge from the former SBRS GmbH.
With annual sales in the region of EUR 525 million and around 3,000 employees, Schaltbau Holding AG is an internationally leading supplier of systems and components for transportation technology and the capital goods industry.
The following Gleiss Lutz team advised on the sale of GEZ Rail Solutions: Dr. Patrick Kaffiné (partner, M&A), Dr. Stephan Aubel (partner, Corporate/Capital Markets, both lead), Dr. Antonius Mann (M&A), Dr. Christina Aye (counsel, all Frankfurt), Dr. Walter Andert (Berlin, both Corporate/Capital Markets), Vladislava Berbenkova (Berlin), Michael P. Clever, Marc Maurice Duschek (both Frankfurt, all M&A), Dr. Alexander Molle (partner), Dr. Hannah Bug (counsel, both IP/IT, Berlin), Simon Wegmann (Data Protection, Berlin), Dr. Lisa Kappler (Public Law, Stuttgart), Dr. Ocka Stumm (partner), Julian Kettemer (both Tax, Frankfurt), Dr. Tobias Abend (counsel, Employment, Frankfurt), Konrad H.J. Discher (counsel, Real Estate, Frankfurt), Dr. Patrick Grüner (counsel, Competition/Antitrust, Stuttgart), Dr. Katja Lehr (counsel, Finance, Frankfurt), Dr. Alexander Nagel (counsel, Restructuring, Düsseldorf), Dr. Simon Wagner (counsel, Dispute Resolution, Stuttgart).