Sale for succession reasons with a complex minority shareholder situation:

P&S Vorspannsysteme AG is a leading developer, engineer and manufacturer of
high-end bolting systems for the heavy machine industry. P&S was closely connected to a US firm in the same field through a technology license agreement and a minority shareholding which made a stand-alone sale look very difficult. We elaborated various exit scenarios and negotiated with the different minority shareholders in order to have a welldefined situation to negotiate with potential buyers. Then we led the negotiations and the structuring of a transaction including a value enhancing real estate sale-and-lease back with Swedish strategic buyer Nord Lock International AB, Goteborg, who in parallel acquired the US company controlled by some of P&S’ minority shareholders.