NYSE listed TransDigm Group Incorporated has, through its UK subsidiary Technical Airborne Components Ltd., acquired all shares in EME Holding GmbH, including its subsidiaries in Germany and Hungary, at a purchase price of approx. 47.4 million US dollars from DCX-CHOL Enterprises, Inc. (Los Angeles, USA).
EME Group, headquartered in Ingolstadt (Germany), manufactures proprietary, highly engineered aerospace electromechanical actuators, electrical and electromechanical components and assemblies primarily for commercial aircraft, helicopters and other specialty applications.
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft.
King & Wood Mallesons SJ Berwin has advised long-standing client TransDigm on its first transaction in Germany.
Team:
Corporate / M&A:
Christian Cornett (lead partner), Michael Cziesla (partner), Norman Wasse (transaction lead), Johanna Marniok, Tobias Riemenschneider (all associates) – Frankfurt
Employment:
Barbara Geck (partner), Franziska Fiedler (associate) – Frankfurt
IP/IT-Commercial:
Manuela Finger (partner), Simon Apel (associate) – Frankfurt
Real Estate:
Lars Reubekeul (partner), Karin Elske (counsel), Johanna Leitzke-Schmid (associate) – Munich
Dispute Resolution:
Francis Bellen (partner), Karsten Rahm (associate) – Frankfurt
Competition:
Tilman Siebert (partner), Michaela Westrup (counsel), Helge Aulmann (associate) – Munich
Financing:
Clemens Niedner (partner), Michael Beyer (associate) – Frankfurt
Tax:
Markus Hill (partner) – Frankfurt
King & Wood Mallesons SJ Berwin has worked on this transaction together with the law firms VJT & Partners, Hungary (partner: Zoltán Csernus) and BakerHostetler, USA (partner: John J. Allotta).
King & Wood Mallesons SJ Berwin has recently provided counsel on several transactions in the aviation sector, such as Competence Call Center on a joint venture (acquisition of inhouse call center) with airberlin; and PAR Capital Management on a takeover offer for the shares in listed Advanced Flight Alliance AG and subsequent sale of shares to US SPAC Global Eagle.