Arteche Group Acquires SEG Electronics from AURELIUS

Munich — HEUKING advi­ses Arte­che Group on the acqui­si­tion of SEG Elec­tro­nics GmbH from AURELIUS. A team led by Dr. Katha­rina Pras­uhn, a part­ner in HEUKING’s Munich office, advi­sed the Arte­che Group on its acqui­si­tion of all shares in SEG Elec­tro­nics GmbH from AURELIUS Private Equity Lower Midmarket. 

Foun­ded in 1969 and head­quar­te­red in Kempen (North Rhine-West­­pha­­lia, Germany), SEG Elec­tro­nics is an inde­pen­dent manu­fac­tu­rer of high-quality protec­tive relays for appli­ca­ti­ons in medium-voltage networks, with over 55 years of expe­ri­ence and an inter­na­tio­nal presence in more than 80 count­ries. The company serves a custo­mer base of over 350 clients, employs 80 people, and opera­tes a centra­li­zed produc­tion faci­lity in Germany, supple­men­ted by sales and procu­re­ment loca­ti­ons in the United States, Poland, and the Middle East. SEG was acqui­red by AURELIUS in 2020 from NASDAQ-listed Wood­ward Inc. and has since been deve­lo­ped into a high-performing global specia­list under AURELIUS’s ownership. 

Arte­che is a global leader in equip­ment, solu­ti­ons, and services for the elec­tric power indus­try, head­quar­te­red in Mungia, Spain. With the acqui­si­tion of SEG Elec­tro­nics, Arte­che is streng­thening its offe­ring in the field of trans­mis­sion and distri­bu­tion network auto­ma­tion and expan­ding its port­fo­lio of elec­tro­nics and auto­ma­tion solu­ti­ons to include specia­li­zed medium-voltage protec­tion relays. 

The tran­sac­tion is fully in line with Arteche’s 2024–2026 stra­te­gic plan, “Ener­gi­zing Futures Toge­ther,” and, in parti­cu­lar, streng­thens the Group’s auto­ma­tion pillar. The inte­gra­tion is expec­ted to create tech­no­lo­gi­cal syner­gies and expand the Group’s commer­cial reach in growth segments, parti­cu­larly in the data center market, which requi­res a highly relia­ble and stable energy infra­struc­ture. Further­more, the tran­sac­tion streng­thens Arteche’s presence in the DACH region (Germany, Austria, and Switz­er­land), a stra­te­gi­cally important market given its signi­fi­cance in indus­try and the energy sector. 

Arte­che Group’s Advi­sor: HEUKING
Dr. Katha­rina Pras­uhn (lead), Chris­tian Schild, LL.M. (Queen Mary Univer­sity of London), Dr. Ulrich Jork, Mari­lena Schöck (all M&A), all in Munich;
Dr. Henrik Lay (Tax), Hamburg,
Dr. Ruth Jung­kind (Distri­bu­tion Law, Anti­trust Law), Munich,
Kers­tin Deiters, LL.M., EMBA (Employ­ment Law), Cologne,
Dr. Julia Mattes (IP), Munich,
Julian Rosenfeld,
Georg Thomas, LL.M. (Univer­sity of Glas­gow), (both IT/Data Protection),
Markus Vlasic, LL.M. (Real Estate & Cons­truc­tion), all Düsseldorf,
Michael Kreis­ler, LL.M. (Foreign Trade Law), Berlin,
Dr. Chris­toph Schork, LL.M. (Compli­ance), Cologne 

About HEUKING

HEUKING has appro­xi­m­ately 450 specia­li­zed attor­neys, tax advi­sors, and nota­ries across a total of eight offices and provi­des advice in over 30 areas of law as a full-service law firm. Accor­ding to the Juve Reve­nue Ranking 10/2025, the firm ranks 17th among the highest-reve­­nue law firms in Germany. Its natio­nal and inter­na­tio­nal clients include medium-sized and large compa­nies in the indus­trial, commer­cial, and service sectors, as well as asso­cia­ti­ons, public enti­ties, and discer­ning private clients. 

— www.heuking.de