Goodwin advises management of Garz & Fricke on sale to SECO
Hamburg/ Frankfurt a.M. — Goodwin advised the management of Garz & Fricke as co-seller and minority shareholder on the sale of the Garz & Fricke Group to the Italian listed SECO S.p.A. and the re-investment. Other sellers were AFINUM Siebte Beteiligungsgesellschaft mbH & Co KG and the founders, each of whom was advised by other law firms. The total price of the transaction amounts to 180 million euros.
Garz & Fricke Holding is a German manufacturer and developer of hardware and software solutions in the field of IoT based in Hamburg.
Advisor Garz & Fricke: Goodwin
The Goodwin team was led by Dr. Markus Käpplinger (Partner, Corporate) with support from Bastian Schmack (Associate, Corporate).