Ashurst advises SEB on financing the acquisition of Schroth Safety Products
Ashurst advised SEB AG on financing the acquisition of Schroth Safety Products (Schroth), a global leader in the development and manufacturing of occupant protection systems for specialised applications in aerospace, motorsports, defense, and medical transport, by international private equity firm Perusa. The purchase was part of a management buyout (MBO) with Perusa Partners Fund 2, L.P. as majority shareholder as well as dedicated Schroth managers from both Germany and the United States of America. Schroth was sold by its parent company TransDigm Group Incorporated.