Schaltbau Holding sells GEZ Rail Solutions GmbH to group of investors
Stuttgart — A Gleiss Lutz team has advised Schaltbau Holding AG on the sale of GEZ (Gesellschaft für elektrische Zugausrüstung) Rail Solutions GmbH (GEZ) to a group of investors consisting of Nord West Management GmbH and Niederrheinische Beteiligungsgesellschaft mbH. The transaction is expected to be completed before the end of 2022. The parties have agreed not to disclose the purchase price or further details of the transaction.
Following the sale of SBRS Charging Solutions to Shell Deutschland GmbH in October 2022, which Gleiss Lutz also legally advised, Schaltbau Holding AG is now selling GEZ Rail Solutions GmbH, the second company to emerge from the former SBRS GmbH, as part of its portfolio focus.
With annual sales of approximately €525 million and around 3,000 employees, Schaltbau Holding AG is one of the leading international suppliers of systems and components for the transportation technology and capital goods industries.
Advisors to Schaltbau Holding: Gleiss Lutz
Dr. Patrick Kaffiné (Partner, M&A), Dr. Stephan Aubel (Partner, Corporate/Capital Markets, both Lead), Dr. Antonius Mann (M&A), Dr. Christina Aye (Counsel, all Frankfurt), Dr. Walter Andert
(Berlin, both Corporate/Capital Markets), Vladislava Berbenkova (Berlin), Michael P. Clever, Marc Maurice Duschek (both Frankfurt, all M&A), Dr. Alexander Molle (Partner), Dr. Hannah Bug (Counsel, both
IP/IT, Berlin), Simon Wegmann (Data Protection, Berlin), Dr. Lisa Kappler (Public Law, Stuttgart), Dr. Ocka Stumm (Partner), Julian Kettemer (both Tax Law, Frankfurt), Dr. Tobias Abend (Counsel, Labor Law, Frankfurt), Konrad H.J. Discher (Counsel, Real Estate Law, Frankfurt), Dr. Patrick Grüner (Counsel, Antitrust Law, Stuttgart), Dr. Katja Lehr (Counsel, Finance, Frankfurt), Dr. Alexander Nagel (Counsel,
Restructuring, Düsseldorf), Dr. Simon Wagner (Counsel, Dispute Resolution, Stuttgart).