Local Partners from White & Case's Warsaw and Prague offices have joined the firm's multi-jurisdictional team advising WernerCo on its acquisition of the ZARGES Group from a consortium consisting of funds managed by Baird Capital and Granville, VR Equitypartner, and the management team of ZARGES. The purchase price was not disclosed.
WernerCo is an international manufacturer and distributor of access products, fall protection equipment, secure storage systems, and light duty construction equipment. It has manufacturing, warehousing, sales, distribution and office facilities in the US, Australia, Canada, China, France, Hungary, Mexico, Philippines, Vietnam, and the UK.
ZARGES, based in Weilheim in Germany, has three production sites in Europe and around 800 employees. It operates in sectors such as professional access, packaging/transportation/storage, and special construction. ZARGES products are sold in Germany, France, Sweden, the UK, Denmark, Norway, and the Netherlands, among other countries.
The White & Case team advising on the transaction was co-led by Partners Hendrik Roehricht and Gernot Wagner (both Frankfurt) and included Partners Bodo Bender (Frankfurt), Justus Herrlinger (Hamburg), Vanessa Schuermann (Frankfurt), Justin Wagstaff and Marc Israel (both London), Local Partners Sebastian Schrag, Ingrid Wijnmalen (both Frankfurt), Lars Petersen (Hamburg), and Katarzyna Czapracka (Warsaw), Counsel Andreas Klein (Frankfurt) and Associates Simon Rommelfanger, Jan Ole Eichstaedt, Anne-Sophie von Koester (all Frankfurt), Daniel Valdini (Hamburg), Andreas Koessel, Irina Schultheiss (both Frankfurt), Giuditta Caldini (Brussels), Veronika Merjava (Prague), and Claire Jordan (New York).