EQT Mid Market Europe invests in BBS Automation
Munich-Bird & Bird LLP advised the shareholders of BBS Automation GmbH, one of the leading providers of high-quality automation solutions for complex assembly and testing processes with locations in Germany, USA, Malaysia and China, on the investment through and joint venture with EQT Mid Market Europe.
The growth of BBS is to be supported both organically and by further acquisitions in new application areas, in particular to drive the further development of Industrie 4.0 production systems. In addition, the expansion of international activities — particularly in Asia and America — will be an important aspect of future cooperation.
The founders of BBS Automation GmbH, Josef Wildgruber and Uwe Behr, will continue the management and likewise all current shareholders will remain invested in BBS Automation. The parties have agreed not to disclose the volume of the deal.
BBS Automation GmbH and its shareholders were advised by the following Bird & Bird lawyers: Partner Stefan Münch, Counsel Stephan Kübler (both lead) and Associates Michael Gaßner and Benedikt Weiß (all Corporate/M&A, Munich) as well as Senior Counsel Dr. Martin Jäger (Antitrust, Düsseldorf).
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