GvW Graf von Westphalen advises Prince Minerals GmbH in the acquisition of Josef Opavsky & Sohn GmbH
GvW Graf von Westphalen has advised Prince Minerals GmbH, a subsidiary of PMHC II, Inc. ("Prince Minerals") in the acquisition of Josef Opavsky & Sohn GmbH, Vallendar. The transaction has closed in the meantime. The contracting parties have agreed on confidentiality with regard to the volume of the transaction.
Josef Opavsky & Sohn GmbH produces glazes, enamels and engobes, including for the construction and abrasives industry. Opavsky also develops and produces glazes and enamel frits at the site in Vallendar for the global market. In addition to domestic customers, companies in the entire EU area as well as from Australia and China are among the customers of the mid-size company.
Prince Minerals with its headquarters in Houston (Texas) is one of the leading manufacturers of frits, engobes and glazes for various branches of industry and has 25 locations on six continents. The company, which has made numerous acquisitions over the course of several years, is a portfolio company associated with the private equity firm Palladium Equity Partners.
Prince Minerals was advised in this transaction by the GvW partners Dr Ernst Lindl as well as Felix Wolf (Munich, both corporate law/M&A), Dr Frank Tschesche, Lars-Olaf Leskovar, (Frankfurt, both tax law), Hans-Joachim Lagier (Munich, real estate law), Anton Kastenmueller (Munich, labor law), Dr Sigrid Wienhues, Dr Andreas Wolowski (Hamburg) and Prof Dr Ulrich Hoesch (Munich, all public law).
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