Munich, Germany \u2014 Curtiss-Wright Corpo\u00adra\u00adtion (Curtiss-Wright) has sold CWFC Phoe\u00adnix Group (Phoe\u00adnix) to Liberta Part\u00adners. Curtis-Wright was advi\u00adsed on this tran\u00adsac\u00adtion by the inter\u00adna\u00adtio\u00adnal law firm Reed Smith.<\/p>\n
Ph\u00f6nix, based in Volk\u00admar\u00adsen, Germany, is a leading manu\u00adfac\u00adtu\u00adrer of high-quality valves for chemi\u00adcal, petro\u00adche\u00admi\u00adcal, nuclear and conven\u00adtio\u00adnal power plants as well as for the oil and gas industry.<\/p>\n
Liberta Part\u00adners, a Munich-based multi-family holding company, acqui\u00adred Curtiss-Wrigh\u00adt\u2019s shares in a corpo\u00adrate carve-out follo\u00adwing Curtiss-Wrigh\u00adt\u2019s stra\u00adte\u00adgic decis\u00adion to focus on the defense sector.<\/p>\n
The Reed Smith team that advi\u00adsed on the tran\u00adsac\u00adtion was led by Constan\u00adtin Conrads, Part\u00adner in the Munich Global Corpo\u00adrate Group, who was the lead advi\u00adsor on the sale of the company and nego\u00adtia\u00adted the purchase agree\u00adment, Peter Teare, Part\u00adner in the London Global Corpo\u00adrate Group, and Rita Gnoth-Novak, Senior Associate.
\nThe entire Reed Smith team in Munich, Frank\u00adfurt and London included part\u00adners David Ashmore, William Sutton, Dr. Martin B\u00fcnning, Jan Weiss\u00adger\u00adber and Dr. Anette G\u00e4rt\u00adner as well as asso\u00adcia\u00adtes Phil\u00adipp Berg\u00admann, Heidi Paget-Brown and Frie\u00adde\u00adrike Wilde-Detmering.<\/p>\n
Advi\u00adsor Liberta Part\u00adners: Arqis in Munich<\/strong> In-house Liberta:<\/strong> About Liberta Partners<\/strong><\/p>\n Liberta Part\u00adners is a multi-family holding company based in Munich. Liberta Part\u00adners invests in compa\u00adnies predo\u00admi\u00adnantly based in German-spea\u00adking count\u00adries with clear opera\u00adtio\u00adnal and stra\u00adte\u00adgic deve\u00adlo\u00adp\u00adment poten\u00adtial, in parti\u00adcu\u00adlar in corpo\u00adrate spin-offs and succes\u00adsi\u00adons. The company actively deve\u00adlops invest\u00adments as part of its long-term \u201c100% Core & Care\u201d concept. The port\u00adfo\u00adlio compa\u00adnies bene\u00adfit from Liberta Part\u00adners\u2019 inno\u00adva\u00adtive entre\u00adpre\u00adneu\u00adrial expe\u00adri\u00adence. Liberta Part\u00adners\u2019 team consists of M&A, corpo\u00adrate deve\u00adlo\u00adp\u00adment and legal profes\u00adsio\u00adnals as well as an active advi\u00adsory board. www.liberta-partners.com<\/p>\n About Curtiss-Wright<\/strong><\/p>\n Curtiss-Wright Corpo\u00adra\u00adtion is an inno\u00adva\u00adtive engi\u00adnee\u00adring company provi\u00adding advan\u00adced products, systems and services in flow control, motion control and surface treat\u00adment tech\u00adno\u00adlo\u00adgies for the defense, energy and commercial\/industrial markets. As the succes\u00adsor company to Glenn Curtiss and the Wright Brot\u00adhers, Curtiss-Wright has a long tradi\u00adtion of desig\u00adning and manu\u00adfac\u00adtu\u00adring inno\u00adva\u00adtions and prides itself on its long-stan\u00adding custo\u00admer rela\u00adti\u00adonships. The company employs around 9,700 people world\u00adwide. www.curtisswright.com.<\/p>\n About Phoe\u00adnix Group<\/strong><\/p>\n The Ph\u00f6nix Group supplies the chemi\u00adcal indus\u00adtry, refi\u00adne\u00adries and conven\u00adtio\u00adnal power plants world\u00adwide with high-quality special valves in all stan\u00addards (DIN, ANSI, ASME, etc.). Nume\u00adrous product and system certi\u00adfi\u00adca\u00adti\u00adons ensure opti\u00admum safety and relia\u00adbi\u00adlity of Phoe\u00adnix valves. The Phoe\u00adnix Group is the worl\u00add\u2019s tech\u00adno\u00adlo\u00adgi\u00adcal leader in the field of bellows valves. The product range also includes globe valves, gate valves, control valves, meter\u00ading line valves, change-over valves, check valves, strai\u00adner basket filters, high-pres\u00adsure valves, and a wide range of special valves such as alky\u00adla\u00adtion valves and safety valves for the aero\u00adspace indus\u00adtry. State-of-the-art proces\u00adsing tech\u00adno\u00adlogy, highly quali\u00adfied employees, constant coope\u00adra\u00adtion with inter\u00adna\u00adtio\u00adnal stan\u00addards orga\u00adniza\u00adti\u00adons, sales offices in important markets and subsi\u00addia\u00adries in France and the USA ensure a high level of custo\u00admer service. www.cw-valvegroup.com\/About\/phonix<\/p>\n About Reed Smith<\/strong><\/p>\n Reed Smith is one of the leading inter\u00adna\u00adtio\u00adnal law firms with more than 1,700 lawy\u00aders in 30 offices in Europe, the United States, the Middle East and Asia. For more infor\u00adma\u00adtion, visit www.reedsmith.com.<\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Munich, Germany \u2014 Curtiss-Wright Corpo\u00adra\u00adtion (Curtiss-Wright) has sold CWFC Phoe\u00adnix Group (Phoe\u00adnix) to Liberta Part\u00adners. Curtis-Wright was advi\u00adsed on this tran\u00adsac\u00adtion by the inter\u00adna\u00adtio\u00adnal law firm Reed Smith. Ph\u00f6nix, based in Volk\u00admar\u00adsen, Germany, is a leading manu\u00adfac\u00adtu\u00adrer of high-quality valves for chemi\u00adcal, petro\u00adche\u00admi\u00adcal, nuclear and conven\u00adtio\u00adnal power plants as well as for the oil and gas [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39426,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1368,1369,1377],"tags":[],"class_list":["post-40139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-corporate-finance-ma"],"yoast_head":"\n
\nDr. Mauritz von Einem, Benja\u00admin Bandur and Rolf Tichy.<\/p>\n
\nChris\u00adtian Szczesny (Gene\u00adral Cousel). EC M&A<\/strong> from Frank\u00adfurt was invol\u00adved as M&A<\/strong> advisor.<\/p>\n