Freshfields counseled Stumpf Group on minority investment

Freshfields counseled Stumpf Group on minority investment

Freshfields Bruckhaus Deringer ('Freshfields'), the Global law firm has advised the direct and indirect shareholders of Exyte, Stumpf Group and M+W Group. It's based on the sale of a momentous minority interest to funds affiliated with BDT Capital Partners and the shareholders' agreement for the partnership in future.

Subject to customary regulatory approvals is closing of the transaction. Georg Stumpf as sole shareholder of M+W Group, will continue to hold a majority stake in Exyte.

Based on the design, engineering and delivery of ultra-clean and sustainable facilities delivery for high-tech industries, Exyte is a spearhead worldwide. Exyte forecasts an adjusted EBITDA of approximately €450 million with targeted sales of €7 billion for 2022, along with an adjusted EBIT beyond €400 million for the present fiscal year.

Headed by Partners Gregor von Bonin and Nicholas Günther, the Freshfields team advises on the transaction with the support of Principal Associate Timo U. Piller and Associate Carolin Compes (all Düsseldorf). Partners Jenny Hochenberg (all Corporate/M&A) and Pamela Marcogliese (Capital Markets, both New York), Nabeel Yousef (Washington), Norbert Schneider (Tax, Düsseldorf) and Stephan Pachinger (Capital Markets, Frankfurt/Vienna provided additional support.

The lead team of the firm worked together with Hogan Lovells with Frankfurt based Partner Matthias Jaletzke.