Menold Bezler advises Klafs on acquisition of majority stake in Guncast
Schwäbisch Hall — Schwäbisch Hall-based sauna manufacturer Klafs GmbH & Co. KG acquires a majority stake in British swimming pool builder Guncast Swimming Pools Limited. Klafs was advised by Menold Bezler together with the British law firm Stevens & Bolton.
Guncast, a family-run business based in Petworth, West Sussex, is a provider of luxury swimming pools and employs around 40 people. Guncast had already been a supplier of Klafs products to the UK market since 2016.
Founded in 1928, the family-owned company Klafs is the market leader for sauna, pool and spa equipment with more than 730 employees. The majority takeover strengthens Klafs’ international positioning.
Menold Bezler advised Klafs on the legal aspects of the transaction under German law, having already acted for Klafs on the sale of a majority stake to investment company Egeria in February this year. Stevens & Bolton, a long-standing cooperation partner of Menold Bezler, assisted Klafs with the legal structuring under British law.
Advisors to Klafs GmbH & Co. KG: Menold Bezler (Stuttgart)
Vladimir Cutura (Partner), Dr. Karsten Gschwandtner (Partner), Nicole Brandt (all Corporate/M&A)
About Menold Bezler
Menold Bezler is a partnership-structured commercial law firm based in Stuttgart. More than 120 professionals offer legal advice, tax advice, auditing and business management advice from a single source. Our clients include well-known medium-sized companies, listed corporations, the public sector and its companies as well as non-profit organizations. More at www.menoldbezler.de.