Hogan Lovells advises Dürr AG on acquisition of BBS Automation

In course of the transaction, MDax-listed Dürr AG will acquire 100 percent of the shares in BBS Automation Group. The seller is a consortium led by the financial investor EQT.

The acquisition of the Bavarian company BBS Automation is in line with Dürr's strategy of growing in markets with strong demand and high profitability potential. Revenue in the Automation Technology segment is expected to more than double as a result of the acquisition, reaching around € 500 million in 2024.

The transaction will be financed from cash flow as well as through existing financing instruments and bridge financing. The closing of the transaction is expected to take place in the second half of the year.

Hogan Lovells comprehensively advised Dürr on all issues related to the acquisition.

Hogan Lovells Team for Dürr AG

Frankfurt

Dr Matthias Jaletzke (Partner), Nikolai Sokolov (Partner), Konstantin Weber (Associate) (all Private Equity, Corporate/ M&A);

Dr Antonia Wolf (Senior Associate, Banking);

Christian Schröder (Senior Associate, Capital Markets);

Dr Sabrina Gäbeler (Counsel), Sophia Gottschlich (Associate) (both Employment);

Florentine Gottwald, Annika Lind (both Associates, Real Estate);

Munich

Dr Steffen Steininger (Partner), Dr Stefan Schuppert (Partner), Josefa Hamann, Valentin Reiter, Theresa Storr, Aaron Stumpf (Associates) (all Intellectual Property);

Dr Ingmar Dörr (Partner, Tax);

Dusseldorf

Dr Martin Sura (Partner), Philipp Reckers (Associate) (both Antitrust);

Varinia Keßler (Associate, M&A);

Brussels

Stefan Kirwitzke (Senior Associate, Antitrust);

Milan

Marina Massaro (Associate, Private Equity);

Maria Deledda (Of Counsel), Monica Nicoletti (Paralegal), Luca Turchini (Trainee Solicitor) (all Real Estate);

Aurora Muselli (Senior Associate, Antitrust);

Laura Leonelli (Trainee Solicitor, Banking and Finance);

Federico Scio, Giuseppe Angio (TraineeSolicitor, M&A);

Gaia Fanelli (Paralegal, Intellectual Property);  

Giulia Maccioni (Trainee Solicitor, Employment);

Rome

Stefano Maccauro (Senior Associate, Global Regulatory);

Fabrizio Grillo (Senior Associate, Employment);

Warsaw

Piotr Kwasiborski (Senior Associate), Leonart Szanajca-Kossakowski (Associate), Hubert Jurczyk (Paralegal) (all M&A);

Julia Pycka (Associate, Banking and Finance);

Katarzyna Debinska-Pietrzyk; Magdalena Molczyk and Sandra Mroz (both Trainee Solicitors) (all Real Estate);

Agnieszka Szczodra-Hajduk (Senior Associate), Aleksandra Sudak-Przybyla (Associate) (both Employment); 

Ewa Kacperek (Of Counsel, Intellectual Property);

Washington

Carine S. Stoick (Partner), Joseph N. Murphy (Associate) (both Corporate/ M&A);

Nathan Truong (Associate, Global Regulatory);

Denver

Josh Savage (Senior Associate, Real Estate);

New York

Maria Benvenuto (Senior Associate, Employment);

Monterrey

Ana Catalina Decanini (Of Counsel), Sylvia Dávila (Associate) (both M&A);

Bejing

Adrian Emch (Partner, Antitrust);

Tong Zhu (Associate, Global Regulatory);

Flora Feng (Trainee Solicitor, Intellectual Property);

Hong Kong

Andrew McGinty (Partner), Teresa Kwok (Associate) (both M&A);

Jenny Yim (Of Counsel), Renee Wan (Trainee Solicitor) (both Banking and Finance);

Shanghai

Linda Wang (Senior Associate), Jenson Zhang (Associate), Weiying Zhang (Associate) (all M&A);

Joyce Jiao (Paralegal, Antitrust);

Mingjia Deng (Trainee Solicitor, Intellectual Property).