McDermott Advises Family Trust on Acquisition of Tiefenbach Control Systems

Overview


Munich, April 14, 2022 – McDermott Will & Emery advised Family Trust Investor FTI GmbH on the acquisition of Tiefenbach Control Systems GmbH, including its subsidiaries and investments in the USA, Russia, and China.

Family Trust acquires 100 percent of the shares in the company from the Knapheide family as part of a long-term planned succession solution. FTI intends to drive further growth in the future by broadening its product and service portfolio and entering new markets.

Family Trust Investor FTI, headquartered in Munich, Germany, is an entrepreneurial long-term investor focused on succession solutions for family-owned businesses. In addition to significant own funds of the managing partners, Family Trust invests the assets of institutional investors as well as family offices and entrepreneurial families.

Tiefenbach Control Systems designs, manufactures, and sells electrohydraulic systems, sensors, and control software for mechanical and plant engineering at its headquarters in Bochum and through three subsidiaries. With an export quota of over 90%, the company expects sales of approx. 35 million euros in the current fiscal year.

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