GvW Graf von Westphalen has advised long-established German company PFAFF Industriesysteme und Maschinen GmbH on a complex cross-border transaction. Under a recently closed share purchase agreement, PFAFF Industriesysteme und Maschinen GmbH sold its shares in Pineo Industrial S.A.
Frankfurt GvW partner Eric Messenzehl took the lead in coordinating an international team of attorneys and tax advisors. GvW Graf von Westphalen was supported, among others, by the Spanish law firm Pedro Alemán Abogados. In addition to Eric Messenzehl (lead partner; M&A/Corporate), the following attorneys at GvW were also involved in key aspects of the matter: Dr Joachim Mulch (partner; IP) and Benjamin Schwarzfischer (senior associate; M&A).
Customers worldwide rely on the products and service solutions of PFAFF Industriesysteme und Maschinen GmbH as a leading traditional brand in automation technology for sewing and welding processes. All companies involved have specialized in products in this field.
GvW Graf von Westphalen regularly advises the PFAFF Group on national and international corporate transactions.
GvW Graf von Westphalen advised the transmission system operator 50Hertz on the award of a major contract for the North Sea Connector 2 offshore grid connection project. The project involves the planning, construction, installation and commissioning of a converter system comprising an offshore converter platform in the North Sea and an onshore converter station in Mecklenburg-Western Pomerania. The North Sea Connector 2 project is intended to connect offshore wind farms in the North Sea to the German electricity grid in future.
GvW Graf von Westphalen has advised Primepulse and Vsquared Ventures on the Series C financing round of NEURA Robotics GmbH. The transaction ranks among the largest venture financing rounds in the European startup ecosystem to date.
GvW Graf von Westphalen has advised Ethereal Space, Inc., a pioneering commercial space company, on space and satellite law matters and the establishment of its affiliate Ethereal Space GmbH.
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