MRS Group is sold to Würth Elektronik ICS
Rottweil/ Niedernhall — Würth Elektronik ICS GmbH & Co. KG is acquiring 100% of the shares in the MRS Group, Rottweil (Baden-Württemberg). A team led by Hamburg-based HEUKING partner Dr. Peter Christian Schmidt provided legal and tax advice to the shareholders of MRS during the contract negotiations.
The subsidiary of MRS Holding GmbH, MRS Electronic GmbH & Co KG, based in Rottweil (Baden-Württemberg), has been developing and producing intelligent control electronics and customer-specific hardware and software solutions for the vehicle industry for over 25 years. The product portfolio includes compact control units, gateways, relays and HMI systems for commercial vehicles, construction and agricultural machinery and special vehicles. The company employs around 250 people and has international locations in Croatia, Poland, Turkey and the USA in addition to its headquarters.
Würth Elektronik ICS GmbH & Co. KG, based in Niedernhall, is a system provider for electromechanical and electronic solutions in the areas of signal and power distribution, function control as well as display and operating solutions. The company is one of the leading suppliers in Europe, particularly in the field of power distribution for mobile machinery and commercial vehicles. Würth Elektronik ICS is part of the family-run Würth Group.
Advisor to the shareholders of MRS Electronic GmbH & Co KG: HEUKING
Dr. Peter Christian Schmidt Photo © Heuking (lead / corporate law / M&A), Dr. Kai Bandilla (distribution law), Dr. Henrik Lay (tax law), Dr. Stefan Bretthauer (antitrust law), all Hamburg; Anna Richter, LL.M. (corporate law / M&A), Cologne; Philipp Roman Schröler (IP, media & technology), Düsseldorf; Jan Mensching, LL.M. (Nottingham Trent University), (Corporate Law / M&A), Jia-Xi Liu (Distribution and Antitrust Law), both Hamburg; Ramona Bauer-Schöllkopf, LL.M. (Queen Mary University of London), (Corporate Law / M&A), Stuttgart; Jonas Türkis, LL.M. (University of Cape Town), (Employment Law), Oliver Kammerer (Tax Law), both Hamburg.
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