The international law firm Milbank LLP has advised Deutsche Beteiligungs AG (DBAG) on the acquisition of Karl Eugen Fischer Group (KEF).
KEF is a leading developer and manufacturer of cutting machines for the tyre industry.
DBAG Fund VII, advised by DBAG, has acquired the majority of the shares as part of a management buyout from funds advised by Equistone Partners Europe. The parties have agreed not to disclose the purchase price.
A Milbank team led by Michael Bernhardt advised DBAG on the legal aspects related to the transaction.
Advisor to Deutsche Beteiligungs AG: Milbank LLP
Michael Bernhardt (lead, Corporate/M&A, Frankfurt), Matthias Schell (Tax, Munich), Sebastian Dexheimer, Jörg Neubauer, Leopold Riedl (all Corporate/M&A, Frankfurt), Moritz Philipp (Tax, Munich), Florian Mader (Corporate/M&A, Munich), Caroline Vorce (Corporate/M&A, New York), Nicholas D. DeLuca (Tax, New York), Nikolas Koutsós, Katja Lehr (both Finance, Frankfurt)
Advisor to Deutsche Beteiligungs AG: Inhouse
For Deutsche Beteiligungs AG, Florian Döring (general counsel) advised on the acquisition and coordinated the process.