Simmons & Simmons has advised Dutch private equity investor Nimbus and ebu’s managing director Jörg Berger on the sale of ebu Umformtechnik GmbH to Chinese Xuzhou Metalforming Machine Group Co., Ltd (Xuduan).

Corporate/M&A partner Boris Schilmar commented: “The exceptional experience of our China Desk team in bridging cultural gaps in Sino-European SPA negotiations has clearly contributed to the success of this transaction."

The Simmons & Simmons team was led by Düsseldorf based corporate/M&A partner Dr Boris Schilmar and corporate/M&A counsel Vanessa Nieporte who had already been advising Nimbus together with the firm’s Amsterdam based partner Pieter van Uchelen on previous M&A and restructuring projects. They were assisted by China Desk Manager Yan Sun.