GvW Graf von Westphalen advises on Sale of Glass Fiber Business of Bürger Group to US-American Unifrax Group
GvW has advised the Bürger Group on its sale of the Lauscha Fiber International Group to the Unifrax Group which belongs to the portfolio of the private equity investor American Securities.
The Lauscha Fiber International Group is one of the most renowned players in the global market of development, production and sale of micro-fine glass fibers which are used by customers all over the world in numerous industrial applications, primarily in the filtration and battery separator markets. The group has approx. 250 employees worldwide and production sites in Germany, Bahrain, China, Russia and the USA.
The Unifrax Group is a global leading producer of insulating materials, including ceramic fiber products,that are used in many high-temperature industrial, automotive and fire protection applications. The group has approx. 2,000 employees and 28 manufacturing facilities in the USA, Europe, the Middle East, Russia, Asia, South Africa and Latin America.
Under the lead of Hamburg based Partners Dr. Dominik Ziegenhahn and Dr. Ritesh Rajani (both Corporate/M&A), the Bürger Group was advised by an international team of attorneys consisting of the GvW partners Dr. Carsten Bittner (Antitrust), Dr. Malte Evers (Employment), Dr. Sigrid Wienhues (Environmental, all Hamburg), Dr. Malte Hiort (Corporate/M&A, Düsseldorf) and Patrick Heid (Corporate/M&A, Shanghai) as well as associates Dr. Alexandra Hansmeyer (Shanghai), Florian Puschmann (Hamburg) and Cuifang Wang (Hamburg) (all Corporate/M&A). In the USA, the GvW team was supported by the law firm of Foley & Lardner (Kevin Makowski) and in Bahrain by the law firm of Zeenat Al Mansoori (Amel Al Aseeri, Reem Al Rayes).
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.
You don't want to miss any more of the latest legal developments? And be invited to our events? Then register here.