The private equity investor Triton has sold the traditional window makers WERU GmbH to the private equity firm HIG Capital. Allen & Overy has advised the management of WERU. The transaction is still subject to approval by the relevant authorities. The purchase price, has not been disclosed.
WERU is the market leader in plastic windows for housing. With a total of 923 employees, the company manufactures more than 500,000 windows at its two production locations in Germany. Since 1999, Bauer the traditional window manufacturer has been part of the Triton portfolio.
The Allen & Overy team included senior associate Dr. Markus Käpplinger and associate Dr. Roman box (both Corporate/Private Equity, Frankfurt).
Matter Type
M&A: Seller's Counsel
Industry
Manufacturing
News Category
M&A