P+P Pöllath + Partners
P+P Pöllath + Partners advised Quadriga Capital on the Management Buy-Out of Lapp Insulators
P+P Pöllath + Partners / Key word(s): Law/ Frankfurt, 22 August 2011 Management and Quadriga Capital acquired all shares of Lapp Insulators Group from Andlinger & Company, an Austro-American Investor. The future shareholders will exploit the different growth opportunities in the international power engineering market and envisage a long-term expansion on global markets. The acquisition is subject to approval by the appropriate competition authorities. It was agreed that the purchase price should not be disclosed. Lapp Insulators, with sales of exceeding EUR130 million, 1,100 employees and production sites in Germany, USA, Poland, Romania and China, is a leading global player in the high-performance insulators market and serves customers in more than 70 countries. Lapp Insulator products are used in high voltage power transmission lines, power plants and substations. P+P Pöllath + Partners were mandated by Quadriga Capital and Dr. Jan Wildberger (Lead, Partner), Dr. Andreas Junius (Partner), Dr. Pia Dorfmueller (Partner), Sabine Demel (Associate) und Veit Konrad (Associate) in the Frankfurt office and Dr. Wolfgang Grobecker (Partner), Dr. Eva Nase (Counsel), Tobias Jäger (Associate), Dr. Christian Rodorff (Associate) und Annette Saers (Associate) in the Munich office acted for Quadriga Capital.
Advisors Quadriga Capital
P+P Pöllath + Partners is an internationally operating law firm, whose 33 partners and nearly 100 lawyers in Berlin, Frankfurt and Munich specialize in legal and tax advice. End of Media Release 22.08.2011 Dissemination of a Press Release, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
136492 22.08.2011 |