Press
· News

P+P advises the sellers on sale of congatec Group to Deutsche Beteiligungs AG

P+P Pöllath + Partners advised the sellers on the sale of the congatec Group to Deutsche Beteiligungs AG (DBAG). The transaction is subject to consent from the competent antitrust authorities.

Within the scope of a management buyout (MBO), a fund managed by DBAG, DBAG Fund VIII, will acquire a majority stake. DBAG will invest approximately 23 million Euros on behalf of the fund; in the future, this will amount to approximately 20 percent of shares. In addition, the management of congatec will retain an investment.

congatec AG is an international tech company for embedded computing products. It was founded in 2004 and is headquartered in Deggendorf, Bavaria, Germany; the company specializes in computer modules for industrial applications and is a worldwide market leader in this segment. Its customers range from startups to international blue-chip companies. In 2019, the company generated turnover of 126 million US dollars.

P+P Pöllath + Partners advised the sellers on all legal and tax aspects of the transaction with the following Munich-based team:

Press contact
Services