POELLATH advises Gruenwald Equity on the sale of SEMSYSCO, Salzburg to Lam Research

SEMSYSCO’s core capabilities relate to advanced packaging, ideal for leading-edge logic chips and chiplet-based solutions for high-performance computing (HPC), artificial intelligence (AI), and other data-intensive applications.

Founded in 2012, SEMSYSCO offers production systems to chip producers. In 2014, Gruenwald Equity acquired a majority stake in SEMSYSCO and has backed the development of the Company to become a recognized technology leader for specific processes used in chipmaking and comparable applications by arranging various equity rounds and providing crucial operational support.

Lam Research is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam Research is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe.

Gruenwald Equity are a group of active private investors located in Gruenwald, Germany. Gruenwald Equity hold majority stakes in small and medium-sized companies in various industries with a long term perspective.

POELLATH provided comprehensive legal advice to Gruenwald Equity in the context of the transaction as lead counsel for the seller side with the following team:

• Philipp von Braunschweig (partner, lead counsel, corporate/M&A, Munich)
• Daniel Wiedmann (associated partner, investment control law, Frankfurt)
• Dr. Jens Linde (associated partner, financing, Frankfurt)
• Dr. Sebastian Rosentritt (counsel, corporate/M&A, Munich)
• David Lübkemeier (associate, corporate/M&A, Munich)

The Viennese law firm SRG Stock Rafaseder Gruszkiewicz Rechtsanwälte GmbH (Mag. Jan Gruszkiewicz, LL.M.) acted as co-lead counsel on Austrian law issues.

POELLATH has been acting as transaction advisor to Gruenwald Equity for many years, most recently on the sales of the Traunreut geothermal power plant to Equitix, of DEV Deutsche Energieversorgung GmbH to EnBW and of Luwa Air Engineering to Nedermann, as well as on the accession of third-party investors as shareholders of Semsysco GmbH, which has now been sold.