Noerr has advised Switzerland's Evoco AG on the acquisition of six subsidiaries of Gesco AG from Wuppertal.
According to Noerr, “Evoco is taking over Frank Walz-und Schmiedetechnik GmbH, Europe’s leading manufacturer of wear parts for agricultural technology. The portfolio also includes C.F.K. CNC-Fertigungstechnik Kriftel GmbH and four companies from the mobility technology segment. The transaction has already been largely completed and only the closing of the acquisition of Paul Beier GmbH & Co. KG is still subject to official approval.” According to Noerr, the six companies acquired by Evoco achieved a combined turnover of EUR 100 million in 2019.
Noerr’s team included Budapest-based Counsel Akos Bajorfi and Moscow-based Associated Partner Hannes Lubitzsch, as well as, in Germany, Partners Till Kosche, Martin Haisch, Fabian Badtke, and Evelyn Schulz, Associated Partners Andrea Zwarg, Michael Schuhmacher, and Elmar Bindl, Senior Associate Martin Gliewe, and Associates Thorsten Becker, Lukas Conrady, Christian Hinzmann, Susann Jahn, Lorenz Jarass, Sebastian Leidel, Evelin Moini, Julian Monschke, Natalie Oei, Doreen Pape, Fabian Radke, Moritz Rojek, Dan Schilbach, Katja Schmitt, Jan Voss, and Aleksandra Vujinovic.
Noerr did not reply to our inquiry on the matter.