Linklaters advised IK Investment Partners on the acquisition of the Transnorm Group, a company of the Equita GmbH & Co. Holding KGaA and several co-investors.
IK Investment Partners is based in Hamburg. The pan-European private equity house focuses on investments in the Nordic countries, in Germany, Austria, and Switzerland, as well as in France and the Benelux countries. Since 1989, the IK funds have invested in more than 83 European businesses.
Transnorm is one of the leading providers of high-performance conveyor modules world-wide for the parcel and logistics industry and the baggage handling at airports. Transnorm products are used in many industries by a great number of well-known customers across the globe. Thus, the Transnorm Group is active in one of the most attractive segments of the automated logistics value chain, and benefits from long-term global growth trends, e.g. the continuously increasing e-commerce segment. The company’s seat is in Harsum, in Lower-Saxony, and it also has production sites in Arlington, Texas, and Kluang, Malaysia.
The Linklaters team was led by Dr Rainer Traugott and Dr Florian Harder (both Corporate, Munich). Other team members included Dr Daniela Seeliger (Competition/Antitrust, Düsseldorf), Dr Jann Jetter (Tax, Munich), Dr Niclas von Woedtke and Martina Farkas (both Corporate, Munich).