POELLATH advises VTU Group on sale to Altor Equity Partners
Scandinavian private equity firm Altor Equity Partners (“Altor”) has acquired VTU Group (“VTU”), an Austrian engineering services provider to the life sciences and green transition industries in Europe. The sellers were funds advised by DPE Deutsche Private Equity (“DPE”). VTU’s management team remains broadly invested in the company. The parties have agreed not to disclose the financial details of the transaction. POELLATH provided legal advice to the management of VTU in connection with the sale regarding the management investment.
Founded in 1990 in Graz, Austria, VTU Group is a leading process engineering company serving blue chip customers in the life sciences and green transition sectors. The company’s portfolio includes engineering solutions that cover the entire value chain in the project life cycle for its long-standing customers. VTU Group employs around 1,200 people at 36 locations in six European countries. The company is one of the few scalable end-to-end platforms for technical solutions in Europe and has a strong position in key European markets.
DPE is an independent German private equity firm and one of the largest growth capital providers in Germany. DPE invests in medium-sized companies in the DACH region and focuses on industries with a positive long-term development outlook. Altor is a private equity firm focused on leveraged buyout and growth capital investments in Sweden, Denmark, Finland, Norway and the DACH region. The firm has EUR 8.3 billion in 5 funds.
POELLATH provided legal advice to the management of VTU in the context of the sale regarding the management participation with the following Munich team:
- Dr. Benedikt Hohaus (partner, management participations/private equity).
- Silke Simmer (senior associate, management participations/private equity)
