RITTERSHAUS advises ADB Safegate Germany on acquisition of Protec Automation
Mannheim — ADB Safegate Germany GmbH, a company of the ADB Safegate Group based in Mannheim, Germany, has acquired all shares in Protec Automation GmbH, based in Eckental-Brand near Nuremberg. The company specializes in control technology for airport lighting systems, technologies for feeding lighting systems, and services for industrial automation. The parties have agreed not to disclose the terms of the acquisition or the purchase price.
ADB Safegate is a leading global provider of integrated solutions to increase efficiency, safety and sustainability for airports, airlines and airspace surveillance. The company develops holistic solutions to improve operational processes. The portfolio includes products, systems and services for airport lighting, intelligent docking guidance and IT solutions.
The acquisition of Protec Automation GmbH is intended to expand ADB Safegate’s position on the European market by strengthening its core business — especially for solutions in the field of control and supply of lighting systems. The service business is also to be strengthened by the acquisition.
ADB Safegate Germany GmbH was comprehensively advised on the acquisition of the shares in Protec Automation GmbH by a team of the commercial law firm RITTERSHAUS Rechtsanwälte specializing in M&A transactions under the leadership of the Mannheim partner Dr. Moritz Weber. This was the first time RITTERSHAUS acted for a company of the ADB Safegate Group.
Advisors ADB Safegate Germany GmbH: RITTERSHAUS Attorneys Mannheim
Dr. Moritz Weber, Partner (Lead Partner, Corporate/M&A)
Dr. Anno Haberer, Partner (Antitrust Law)
Johanna Bauer, Associate (Corporate/M&A)
Advisor to shareholder Protec Automation GmbH: SALLECK + PARTNER Lawyers Tax Advisors Erlangen
Dr. Benedikt Salleck, Partner (Corporate/M&A)
With more than 80 lawyers at its offices in Frankfurt/Main, Mannheim and Munich, RITTERSHAUS specializes in advising internationally operating medium-sized companies. Founded in 1969, the firm focuses on corporate law with a particular emphasis on restructuring, M&A, private equity and venture capital transactions, as well as corporate finance and corporate and asset succession. Further areas of practice are banking and capital markets law, employment law, intellectual property law, public law and IT law as well as real estate law. The practice area of real estate law has been considerably strengthened in 2021 by the transfer of a 15-person real estate team from Arnecke Sibeth Dabelstein. In addition, RITTERSHAUS is integrated into a global network with law firms on five continents via Legalink and handles mandates worldwide on a cross-border basis. www.rittershaus.net