Reed Smith advises Palero subsidiary GT Group on acquisition of HARZ
Munich — The GT Group, a portfolio company of the Munich-based investment company palero, has acquired Metallbearbeiter Harz GmbH (MBH). With the acquisition of MBH, the GT Group is further strengthening its competencies in the field of rail vehicle construction and expanding its expertise as a reliable partner for the rail industry.
MBH specializes in precision metalworking and enjoys an excellent reputation for quality and reliability in the manufacture of components for rail vehicles such as axlebox housings, axle bearing components and flange buffers.
Advisor GT Group: Reed Smith
Dr. Nikolaus von Jacobs (Partner, Corporate, Munich) with the assistance of Matthias Weingut (Senior Associate, Corporate, Munich). Nina Siewert (Partner, Tax, Frankfurt), Carina Klessing (Associate, Tax, Frankfurt) and Robert Werzlau (Associate, Corporate, Munich) were also involved.
About palero group
palero is an independent investment fund that is exclusively advised by palero capital in Munich and pursues an operational value creation approach. palero currently holds a portfolio of several platform investments with numerous companies (Schlaadt Unternehmensgruppe with Schlaadt Plastics, HighCut and others | Dornier Group with Dornier Power & Heat, Dornier Consulting, Suntrace and others | TPEG Tech Power Electronics Group with Tech Power Electronics, MS Balti Trafo, MS Transformers India and others | Fischer Söhne AG | GT Group with GTMB and GTB | Wiedenmann Group | Lahmeyer International GmbH and DOC Offshore). — https://palero.de/
About Reed Smith
Reed Smith is one of the leading international law firms. The firm has been in existence for more than 140 years and comprises >30 offices with 3,000 employees, including 1,700 lawyers in Europe, the USA, the Middle East and Asia.
— www.reedsmith.com