P+P advises ADCURAM on the sale of IMA to Schelling Anlagenbau

P+P Pöllath + Partners advised the Munich-based industrial group ADCURAM Group AG on the sale of its stake in IMA Klessmann Group (IMA) to Schelling Anlagenbau. IMA is a technology leader for production lines in the wood industry.

Schelling is a longtime supplier and partner of IMA in the development of complete systems for the furniture industry. ADCURAM acquired the IMA Group in 2005 from the HOMAG Woodworking systems GmbH and expanded into a full-service provider for solutions in the chipboard processing.

The purchase price was not disclosed.

ADCURAM Group AG, headquartered in Munich, acquires companies with potential and develops them actively and sustainably. In 2014 ADCURAM generated with over 2,600 employees worldwide a turnover of more than EUR 600 million.

P+P Pöllath + Partners advised with the following interdisciplinary team on all locations:

• Dr. Frank Thiäner (lead, partner, M&A, Munich)
• Dr. Matthias Bruse (partner, M&A, Munich)
• Daniel Wiedmann (counsel, antitrust law, Frankfurt am Main)
• Dr. Christoph Thiermann (senior associate, M&A, Munich)
• Dr. Tim Junginger (associate, M&A, Munich)
• Michael Schuhmacher (senior associate, financing, Frankfurt am Main.

The buyer was advised by Hans-Joachimg König of Schrade & Partner.