P+P advises ATP management on acquisition of ATP adhesive systems AG by Bregal

Funds managed by Bregal Unternehmerkapital GmbH ("Bregal") have acquired a majority stake in ATP adhesive systems AG ("ATP"). P+P advised ATP management on the transaction.

ATP manufactures customized single and double-sided adhesive tapes with a broad spectrum of industrial and graphic applications. The company is headquartered in Wollerau (Switzerland) and has a manufacturing site in Mihla (Germany); it employs approximately 270 people and supplies many domestic and foreign industrial enterprises.

Bregal is part of a family-owned business that has grown over several generations. The investment firm specializes in companies with strong management teams that are considered market leaders or "hidden champions" in their respective segments. Bregal and ATP wish to sustain the growth and internationalization of the company, particularly by introducing new products and entering new markets.

P+P Pöllath + Partners advised ATP management on all legal matters with the following Munich-based team:

• Dr. Benedikt Hohaus (partner, M&A/private equity)
• Dr. Roman Stenzel (counsel, M&A/private equity)