P+P advised DPE Deutsche Private Equity on acquisition of Ziegler-Gruppe
Private equity investment company DPE Deutsche Private Equity (DPE) has acquired the majority of nonwovens manufacturer J.H.Ziegler GmbH (Ziegler) alongside Ziegler management. The sellers are Staufen Invest GmbH and a family office. Ziegler is the fourth investment of DPE's Fund II and the 13th in DPE's seven years history.
Ziegler is a market leader and specialist manufacturer of technical and customized premium nonwoven solutions. The company employs 300 people and has two manufacturing plants in Germany in Achern (headquarter) and Lambrecht/Pfalz, as well as one in Hungary and one in China.
The following Munich P+P team advised DPE on the transactional tax structuring and the subsequent implementation of a management participation program:
- Dr. Michael Best (partner, tax)
- Gerald Herrmann (associate, tax)
- Christian Rodorff (associate, private equity/M&A)
