The international commercial law firm Linklaters advised the private equity investor Triton on the sale of Dematic GmbH to the financial investor AEA Investors as well as to Teachers’ Private Capital, the part of the Canadian pension fund Ontario Teachers’ Pension Plan that specialises in private equity. Triton had acquired Dematic from Siemens AG in 2006. The transaction is subject to antitrust approval and is expected to be completed in January 2013. The parties agreed to maintain secrecy regarding the purchase price.
Dematic Unternehmensgruppe, founded in Germany in 1819, is one of the world’s leading suppliers of logistics automation equipment. With production facilities in Europe, the USA, China and Australia, the group’s some 4,500 employees generated a global business volume of roughly one billion euros.
Linklaters advised Triton on the German side led by Dr. Florian Harder (Corporate, Munich). The team also included Matthew Devey (Employment, Frankfurt), Christoph Rödter, Dr Niclas von Woedtke (Corporate, Munich) and Martin Mager (Tax, Munich). Internationally, the transaction was led by Ian Bagshaw (Corporate, London) and Alex Woodward (Corporate, London) and regarding aspects of US financing by Alexander Naidenov (Banking, London). The team also included Joel Arnell (Corporate, London).
