Frank­furt a.M. — Vision Capi­tal and Rubicon Part­ners sell ABL-TECHNIC Group (ABL Group) to STAR Capi­tal Part­ner­ship LLP, STAR IV Fund. The manage­ment of the ABL Group reta­ins a stake in the company. The closing of the tran­sac­tion is subject to custo­mary regu­la­tory appr­ovals. McDer­mott Will & Emery advi­sed Vision Capi­tal and Rubicon Part­ners on this transaction.

Foun­ded in 1987, the ABL-TECHNIC Group is the world’s largest paint strip­per with around 600 employees at 20 loca­ti­ons in ten count­ries. The company supplies over 7,000 custo­mers around the world and has a market share of appro­xi­m­ately 30% in Europe.

The McDer­mott team led by Dr. Michael Cziesla previously advi­sed Vision Capi­tal and Rubicon Part­ners on the acqui­si­tion of ABL Group.

Advi­sors Vision Capi­tal and Rubicon Part­ners: McDer­mott Will & Emery, Frankfurt
Dr. Michael Cziesla (lead), Dr. Chris­tian Marz­lin (Coun­sel), Ettore Scan­dale (Milan), Elea­nor West (London; all Corporate/M&A), Dr. Chris­tian Rolf (Labor Law), Dr. Deniz Tschamm­ler (Commercial/Regulatory, Frankfurt/Munich), Dr. Oliver Lieth (Finance, Düssel­dorf), Dr. Laura Stamm­witz (Coun­sel, Anti­trust), Dr. Heiko Kermer, Marcus Fischer (Coun­sel; both Tax); Asso­cia­tes: Isabelle Suzanne Müller, Lisa Schick­ling, Carlo Lemmi (Milan; all Corporate/M&A), Ilva Woeste (Labor Law, Munich), Matthias M. Bosbach (Finance, Düsseldorf).