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The purchase price was not disclosed; completion of the transaction is expected in summer 2016

27 Apr 2016

Founded in 1969, Walter Goletz GmbH currently has 130 employees and is headquartered in Kierspe, near the Nanogate subsidiary Vogler (Lüdenscheid, North Rhine-Westphalia). The two existing directors of Goletz will continue to manage the company and Nanogate will install an advisory board.

Nanogate AG is a leading international integrated systems provider for high-performance surfaces (ISIN DE000A0JKHC9) that enable the programming and integration of additional properties – e.g. nonstick, scratch-proof and anti-corrosive – into materials and surfaces. The Group is based in Göttelborn (Saarland) and comprises Eurogard B.V., GfO Gesellschaft für Oberflächentechnik AG, Nanogate Industrial Solutions GmbH, Nanogate Textile & Care Systems GmbH, Nanogate Glazing Systems B.V., Vogler GmbH and a majority stake in Plastic-Design GmbH.

P+P Pöllath + Partners advised Nanogate AG on the fourth transaction, for example on the previous acquisition of Vogler GmbH, and is currently advising on all transaction and real estate-related matters with the following interdisciplinary team in all locations:

* Tobias Jäger (lead, counsel, M&A/PE, Munich)
* Michael Inhester (partner, M&A/PE, Munich)
* Nico Fischer (counsel, tax, Munich)
* Andreas Kühnert (associate, M&A/PE, Munich)
* Sebastian Rosentritt (associate, M&A/PE, Munich)
* Matthias Werner (senior associate, real estate, Berlin)
* Michael Wichert (senior associate, real estate, Berlin)

Ulf Hackenberg (partner), Fabian Batthaus and Alexander Dehmel (both associates) of PPR & Partner Pape Rauh advised the sellers.

Matter Type
M&A: Acquiror's Counsel
Industry
Environment & Waste Management
News Category
M&A