POELLATH advises the management of Heytex Holding GmbH on sale to Bencis
Deutsche Beteiligungs AG (“DBAG”) and the DBAG Fund V, which it advises, are closing their investment in Heytex Holding GmbH (“Heytex”), a leading supplier of technical textiles technical textiles for various end markets. Their shares in the company are being sold to the investment firm Bencis. The signing of the transaction took place in December 2022. POELLATH has advised the management of Heytex Holding GmbH on all legal and tax matters in the context of the sale.
The Heytex Group, based in Bramsche-Engter (Lower Saxony), is one of the world’s leading manufacturers in the development of high-quality and functional technical textiles, with five production sites in Germany, the Netherlands, China and the USA. The company a very broad spectrum of products: Tarpaulins, tents, sports mats, sun sails, stadium roofs, oil booms, water tanks, rolling doors, door seals, conveyor belts, bellows, boats, biogas membranes or advertising media in large-format digital printing. The Heytex Group employs around 550 employees at a total of 5 locations worldwide.
POELLATH provided comprehensive legal and tax advice to the management of Heytex Holding GmbH within the context of the sale with the following Munich team:
- Dr. Barbara Koch-Schulte (partner, M&A/private equity, management participation)
- Dr. Maximilian Link (associate, M&A/private equity, management participation)