The international law firm Milbank LLP has advised the Kathrein Group on the sale of its subsidiary Katek GmbH to the investment holding PRIMEPULSE SE. The sale of Katek GmbH is part of the Kathrein Group’s restructuring and its focus on core competencies in the field of high-frequency technology.
Kathrein is a leading international specialist for high quality communications technology and provides a wide range of mobile phone technology, RFID and special solutions for satellite reception and digital broadcasting transmission. With about 7.600 employees, the Kathrein Group is represented with its sales offices and partners on all continents.
The Katek Group is one of the largest electronics manufacturing services in Germany. They have around 830 employees at their locations in Grassau and Györ (Hungary) and achieved a turnover of around €145 million in the fiscal year 2017.
A Milbank team led by partner Steffen Oppenländer and Matthias Schell comprehensively advised Kathrein on corporate, tax and antitrust law in relation to the transaction.
Advisor to Kathrein Group: Milbank LLP
Steffen Oppenländer (Corporate/M&A, Munich), Matthias Schell (Tax, Munich, joint lead), Alexander Rinne (Competition, Munich), Tian-Gu Shum (Corporate/M&A, Munich), Moritz Lichtenegger (Competition, Munich), Jörg Schrade (Tax, Munich)
