DLA Piper has advised Luxembourg-based private equity firm ASC Investment on the acquisition and the financing of VITRABLOK a specialist glass block manufacturer. This is the first acquisition for ASC Investment.

VITRABLOK was part of the SEVES Group, a Triton Fund III company. With more than 300 employees in Europe and the USA, VITRABLOK has a 40% share in the world glass block market. It is the leading manufacturer of glass bricks for interior and exterior architectural applications.

ASC Investment is a Luxembourg-based financial investor operating throughout Europe, which specializes in the acquisition of medium-sized companies.

The international DLA Piper team was led by Munich-based Corporate partner, Florian Hirschmann and Miroslav Dubovsky, Country Managing Partner for DLA Piper in the Czech Republic They were assisted by Munich-based Corporate senior associate Silvio McMiken and Corporate associate Tobias Schulz, alongside a Frankfurt-based team of Germany Country Managing partner Konrad Rohde, Finance & Projects counsel Robert Hofbauer, and Tax counsel Raimund Behnes. Further support was given by Luxembourg Country Managing Partner Catherine Pogorzelski, Tax partner Geoffrey Scardoni, Milan-based Corporate partner Alessandro Piermanni, and Finance & Projects partner Kevin Gooch (Atlanta).