POELLATH advises Bossard on acquisition of Ferdinand Gross Group
Swiss fastener technology specialist Bossard has concluded an agreement to acquire Ferdinand Gross Group, a leading German distributor of fastener technology. The closing of the transaction is still subject to the customary regulatory approvals. The transaction is expected to close in the first quarter of 2025.
The Ferdinand Gross Group, based in Leinfelden-Echterdingen (near Stuttgart), is a specialist in fastener technology. Its range of products extends from fasteners to tools and custom designs. The company employs around 260 people and, in addition to Germany, also has locations in Hungary and Poland, among other countries. In the current year, the Ferdinand Gross Group is expected to generate sales of around EUR 80 million.
Founded in Zug, Switzerland, in 1831, the Bossard Group is a leading global strategic partner in the field of fasteners and assembly technology with proven expertise in engineering and logistics services. The Bossard Group employs more than 2,900 people in 31 countries in Europe, North and South America, and the Asia-Pacific region.
POELLATH advised Bossard on all legal and tax matters related to the acquisition with the following team:
- Jens Hörmann (partner, lead, M&A/private equity, Munich)
- Dr. Matthias Meier (senior associate, co-lead, M&A/private equity, Munich)
- Christian Tönies (partner, M&A/private equity, Munich)
- Gerald Herrmann (associated partner, tax, Munich)
- Sebastian Pasch (associated partner, real estate, Berlin)
- Daniel Wiedmann (associated partner, antitrust, Frankfurt)
- Christine Funk (counsel, IP/IT, Frankfurt)
- Markus Döllner (counsel, M&A/private equity, Munich)
- Dr. David Hötzel (counsel, tax, Berlin)
- Alexander Pfefferler (counsel, M&A/private equity, Munich)
- Moritz Löffler (senior associate, M&A/private equity, Munich)
- Daniel Hoppen (associate, antitrust, Frankfurt)
- Jannis Lührs (associate, tax, Munich)
- Ksenia Marchenko (associate, M&A/private equity, Munich)
