Linklaters has advised the private-equity investor Triton on the sale of the Swabian company Weru GmbH to H.I.G. Capital. The tradition-steeped supplier of windows and doors, Germany’s market leader, had been part of Triton’s portfolio since 1999. The sale was the result of a bidding process. The parties agreed not to disclose the purchase price.
Since its inception in 1997, Triton has focussed on investing in northern European SMEs, mainly in the industrial, service and consumer goods/health sectors. The investor’s portfolio currently comprises 24 companies, whose 49,700 employees generate revenues of approximately 12.3 billion euros.
A Linklaters team led by Dr Timo Engelhardt and Dr Florian Harder (both Corporate, Munich) advised on the deal. The team also included Dr Stephan Morsch (Corporate, Munich), Dr Thomas Elser (Tax, Munich), Dr Daniela Seeliger (Competition/Antitrust, Düsseldorf), Holger Ebersberger (Corporate, Munich), Thorben Eisenbeiß (Employment, Munich), Dr Niclas von Woedtke (Corporate, Munich), Martina Farkas (Corporate, Munich), Martin Mager (Tax, Munich) as well as Jennifer Kramar (Corporate, Munich).