POELLATH advises DPE on the acquisition of a majority stake in the FOGTEC group
Funds advised by DPE Deutsche Private Equity have acquired a majority stake in the fire protection specialist FOGTEC. Completion of the transaction remains subject to approval by the competent antitrust authorities.
The Cologne-based FOGTEC group is a global leader in high-pressure water mist technology for fire protection applications. The company develops and manufactures innovative fire protection systems for use in tunnels, metro systems, airports, industrial facilities, data centres, battery storage facilities and buildings with special safety requirements. The existing management team will retain a significant stake in FOGTEC, and the company will continue to be led by its current leadership team.
DPE Deutsche Private Equity is an independent German private equity firm and one of Germany’s leading providers of growth capital. The firm invests in medium-sized companies across the DACH region, focusing on industries with attractive long-term growth prospects.
POELLATH regularly advises DPE on transactions in Germany and provided tax advice on this transaction with the following Munich-based team:
- Dr. Tobias Deschenhalm (lead, counsel, tax)
- Dr. Michael Best (co-lead, partner, tax)
- Michael Grunwald (associate, tax)