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Binder Groesswang and Summereder Pichler Waechter Advise on Hannover Finanz Stake Purchase in Peak Technology

Binder Groesswang and Summereder Pichler Waechter Advise on Hannover Finanz Stake Purchase in Peak Technology

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Binder Groesswang has advised the Hannover Finanz private equity investor on its acquisition of a stake in Peak Technology as part of a EUR 10 million growth financing transaction. Summereder Pichler Waechter advised Peak and its CEO, Dieter Grebner.

According to Binder Groesswang, "Hannover Finanz acquires a significant minority stake, while Peak Technology founder and managing director Dieter Grebner continues to hold the majority of the shares."

Hannover Finanz, founded in 1979, has more than 40 years of experience as an equity partner for medium-sized companies.

Linz-based Peak Technology specializes in the development and production of lightweight components made of carbon for racing and space companies.

The Binder Groesswang team included Partners Philipp Kapl, Markus Uitz, Horst Lukanec, Regina Kroell, and Johannes Barbist, Counsel Hellmut Buchroithner, Lawyers Schirin Pohlodek, Felix Fuith, Constantin Foissner, Roswitha Seekirchner,  Anian Gruber, Armin Nimmrichter, Elena Rathmayr, and Dario Schmelz, and Lawyer Candidate Matija Bernat.

The Summereder Pichler Waechter team included Partner Philipp Summereder and Attorney at Law Christoph Harringer.

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