DLA Piper has advised the Luxembourg-based investment company Active Ownership Capital on the acquisition of PINTSCH BUBENZER, a leading provider of industrial brakes and subsidiary of Schaltbau Holding AG.

The acquisition was made jointly with Swedish Dellner Group-owned Dellner Brakes AB, which also provides industrial brakes. The agreement is part of a structured selling process and is expected to be completed by the end of February.

Active Ownership Capital is an independent, partner-managed investment company which acquires significant minority stakes in undervalued small- and mid-size companies in German speaking countries (Germany, Switzerland, Austria) and the Nordics (Sweden, Finland, Denmark, Norway). Active Ownership Capital follows an active ownership approach and fosters value creation through operational, strategic and structural improvements.

With its industrial brake systems, Pintsch Bubenzer covers non-rail industry customers. The company is a leading supplier of crane brakes for maritime applications, among other things, as well as a development partner and systems supplier. Markets with highest strategic importance are Asia, the Gulf States and the USA.

The DLA Piper team was led by Corporate partner Andreas Füchsel, assisted by Frankfurt-based partners Dr Jens Kirchner, Employment, Dr Konrad Rohde, Tax, and Cologne-based Litigation & Regulatory partner Guido Kleve. They were supported by a team of counsels comprising of Hamburg-based Dr Annemarie Bloß, Intellectual Property & Technology, Munich-based Annekatrin Veit, Employment and Frankfurt-based Semin O, Antitrust Law. Senior associates Moritz Schönpflug, Intellectual Property & Technology and Marc Fellner, Tax, assisted the team from Frankfurt, alongside associates Philipp Groll, Corporate, Thomas Olbrich, Employment and David Klock, Antitrust Law as well as legal manager Miriam Hendrich, Employment.