Munich \u2014 The inter\u00adna\u00adtio\u00adnal law firm Reed Smith has advi\u00adsed the invest\u00adment company Family Trust on the sale of novia Group to the Swedish listed company Bufab AB. The sale of novia Group, an expert in global sourcing solu\u00adti\u00adons, to Bufab AB fina\u00adli\u00adzes Family Trus\u00adt\u2019s stra\u00adtegy, initia\u00adted in July 2021, to consis\u00adt\u00adently deve\u00adlop novia Group into a compre\u00adhen\u00adsive one-stop store for global sourcing solu\u00adti\u00adons as part of group building. <\/p>\n
On the Reed Smith side, the tran\u00adsac\u00adtion was mana\u00adged by the Global Corpo\u00adrate Group under the leader\u00adship of Dr. Niko\u00adlaus von Jakobs and Matthias Weingut.<\/p>\n
Dr. Niko\u00adlaus von Jacobs<\/strong> comm\u00adents on the tran\u00adsac\u00adtion: \u201cWe are very plea\u00adsed that we were able to support Family Trust in the imple\u00admen\u00adta\u00adtion of its group-buil\u00adding stra\u00adtegy. We would also like to thank you for the relia\u00adble and produc\u00adtive coope\u00adra\u00adtion on all sides, having alre\u00adady advi\u00adsed Family Trust on previous deals.\u201d<\/p>\n \u201cThe tran\u00adsac\u00adtion with Bufab is confir\u00adma\u00adtion of the stra\u00adte\u00adgic work we have inves\u00adted in buil\u00adding and trans\u00adforming the novia Group. We have streng\u00adthe\u00adned the company\u2019s opera\u00adtio\u00adnal struc\u00adture and achie\u00adved a market-leading posi\u00adtion with attrac\u00adtive sales growth through targe\u00adted acqui\u00adsi\u00adti\u00adons,\u201d says Family Trust part\u00adner Andreas Augus\u00adtin<\/strong> about the tran\u00adsac\u00adtion, which aims to create an inte\u00adgra\u00adted global sourcing cham\u00adpion in a short space of time.<\/p>\n \u201cThe part\u00adner\u00adship with Family Trust has enab\u00adled us to grow stra\u00adte\u00adgi\u00adcally and has also supported us in the inte\u00adgra\u00adtion of our opera\u00adting units. The successful hando\u00adver to Bufab is now the logi\u00adcal and promi\u00adsing next step,\u201d says Markus Bauer, Mana\u00adging Direc\u00adtor of novia Group<\/strong>.<\/p>\n \u201cWith its attrac\u00adtive posi\u00adtion in the value chain and strong offe\u00adring to a diverse Euro\u00adpean custo\u00admer base, the novia Group brings important new capa\u00adbi\u00adli\u00adties to the Bufab Group,\u201d explains Erik Lund\u00e9n, Presi\u00addent and CEO of the Bufab Group.<\/strong><\/p>\n