DLA Piper has been advising the Saudi Arabian alfanar Group on the acquisition of all shares in Heinrich Kopp GmbH. The seller is the Luxembourg-based private equity fund palero invest. The two parties involved have agreed not to disclose the purchase price.

Headquartered in Riyadh, Saudi Arabia, with 22,000+ employees and 2.5 Billion USD turnover, alfanar is a major player in the electrical manufacturing business, including the manufacturing of electrical construction products as well as related engineering services. alfanar operates construction and manufacturing businesses, design & development centres and a number of facilities in the Middle East, Asia and Europe.

Heinrich Kopp GmbH, based in Kahl am Main (Germany), is one of the leading companies for electrical installation products in the German-speaking world. The company develops, manufactures and sells electronic products to specialist retailers, the DIY sector, industrial clients and also the automotive industry in various European countries. The company has production sites in Kahl am Main, Germany and Messadine, Tunisia and sells its products in various European countries. Kopp currently employees a workforce of approximately 550 and last recorded a turnover of 75 million euros.

The DLA Piper team led by partner Dr Kirsten Girnth and counsel Carlos Robles y Zepf (both Corporate, Frankfurt). It included the associates Kristin Vogt, Dr Philipp Oppermann and Niklas Mangels (all Corporate, Frankfurt), partner Martin Heinsius (Tax, Frankfurt), partner Fabian Mühlen, as well as the transaction lawyers Konstantin Decker-Horz and Tamara Schwenk (all Real Estate, Frankfurt). Further support was provided by partner Dr Burkhard Führmeyer, senior associate Nicolas Dumont (both IPT, Frankfurt), the partners Dr Marco Arteaga and Michael Magotsch, the counsels Dr Sascha Morgenroth (all Frankfurt) and Dr Annekatrin Veit (Munich), senior associate Kathrin Schlote (Frankfurt, all Employment), partner Dr Christian Schneider (Insurance, Cologne), partner Dr Michael Holzhäuser, senior associate Semin O and associate Barbara Folz (all Antitrust, Frankfurt), associate Andreas Keller (Lit & Reg, Cologne), counsel Robert Hofbauer (F&P, Frankfurt), associate Kais Torchani (F&P, Frankfurt), partner Dr Christoph Mager, senior associate Suzy Park (both Corporate, Vienna), partner Stephan Nitzl (Employment, Vienna), partner Daphne Bens, junior associate Walter Borchert (both Corporate, Amsterdam) and counsel Mohamed Mahjoubi (Corporate, Paris/Casablanca).