GvW Graf von Westphalen has advised the FASSI Group on the acquisition of Bavaria Fahrzeugbau. The supplier of loading cranes and lifting systems will continue the business of the North Franconian company in the special vehicle construction sector.
Bavaria Fahrzeugbau is a merger of the companies Albert Fahrzeugbau and Zanner Fahrzeugbau. With around 130 employees, the company is one of the leading providers of customised body solutions for commercial vehicles - from hydraulics to refrigerated vehicles, from tipper bodies to mobile cranes or from hook lifts to machine transporters.
With 1,600 employees worldwide and a turnover of 470 million euros, the FASSI Group from Italy is one of the world's leading manufacturers of hydraulic cranes. The company produces around 8,000 cranes per year and exports the entire range throughout the world via its close-knit sales organisation.
GvW advised the FASSI Group on this transaction under the lead management of Frankfurt partner Dr Marco Zessel with a team consisting of Alexander Metz, Sina Reck (all M&A), Karsten Kujath, Dr Arne Lordt (both Employment), Dr Julia Hörnig (Supply Chain), Alina Sturm (Real Estate), Nicolas M. Dumont (IP) and Sven-Erik Holm (Data Protection).
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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