P+P advises Odewald KMU on the acquisition of Langer & Laumann Ingenieurbüro GmbH
The German private equity firm Odewald KMU (Berlin) has acquired a majority stake in Langer & Laumann Ingenieurbüro GmbH.
Langer & Laumann Ingenieurbüro GmbH specializes in the installation and modernization of door drive for elevators and safety doors in or on machines. The previous owners have reinvested as part of this transaction and will continue to manage the group. The parties have agreed to maintain confidentiality with regard to the amount of the investment.
The investment is the third by the new Odewald KMU II fund. Odewald KMU invests in medium-sized, established companies with strong growth potential in the German-speaking (DACH) region. Investors are primarily institutional German asset management companies and wealthy private investors.
P+P Pöllath + Partners had formerly advised on tax matters on the first investments by Odewald KMU II fund.
On this transaction, Odewald KMU was advised on tax matters by: