DPE Deutsche Private Equity (DPE) together with its co-investors has sold the portfolio companies Westfalia-Automotive and Terwa to Horizon Global. King & Wood Mallesons (KWM) provided legal advice to the co-investor Bayern LB Capital Partner.

Horizon Global, headquartered in Bloomfield Hills, Michigan, USA, is a leading manufacturer and supplier of high quality trailer, freight and transport systems as well as accessories.

The transaction represents a merger of European and an international market leaders of trailer systems and spare parts products, thus the market position as well as the global presence could be strengthened.

DPE together with its co-investors holds a combined share of 10% and therefore becomes the largest single shareholder of Horizon Global.

KWM maintains a longstanding client relationship with co-investor Bayern LB Capital Partner.
Advisor to Co-Investor Bayern LB Capital Partner:

King & Wood Mallesons, Germany

Corporate / M&A / Private Equity:

* Dr Christoph Brenner (partner), Bernhard Schmaderer, Markus Schmid (both associates, all Munich)