Allen & Overy advises Nimbus on sale of Extrusion Technology Group to Davis-Standard

ETG is an established player in the global market for extrusion systems and services. The company is well-known for its first-class technology and innovative strength and is considered a leading supplier of extrusion systems and associated tools, spare parts and service capabilities for the global pipe, profile, sheet and film markets.

The parties have agreed not to disclose the purchase price. The acquisition is subject to customary closing conditions.

The Allen & Overy team comprised partner Dr Astrid Krüger (Munich) and counsel Dr Sebastian Remberg (Hamburg, both transaction management) as well as senior associate Maximilian Steinhoff (Corporate/M&A, Munich) and associates Philipp Martin and Georg Dalitz (both Private Equity, Frankfurt). They were assisted by partners Beth Troy (Private Equity, New York), Ilona Potiha (Financing, New York), Florian Lechner (Tax, Frankfurt), Dr Udo Olgemöller (Public Law, Frankfurt), Peter Wehner (Employment and Benefits, Frankfurt), Dr Christian Hilmes (Real Estate, Hamburg) and counsel Ioannis Thanos (Antitrust, Hamburg).

Additional advice was provided by senior associates Dr Stephan Bühner (Public Law, Frankfurt), Lisa Wantzen (Employment and Benefits, Frankfurt), Anna Kräling (IP, Düsseldorf), Catharina Glugla (Data and Data Protection, Düsseldorf), associates John Azzopardi (Financing, New York), Sören Rathjens (Tax, Frankfurt), Dr Hendric Stolzenberg and Dr Sven Gunkel (both Employment and Benefits, Frankfurt), Hauke Jung (Real Estate, Frankfurt), Pascal Yves Schröder (Data and Data Protection, Düsseldorf), Katharina Jünemann (IP, Düsseldorf) as well as senior transaction coordinator Oliver Ahnseel (Real Estate, Hamburg) and transaction officers Victoria Drügh (Corporate/M&A, Frankfurt) and Corvin Kieselhorst (Corporate/M&A, Munich).

Further assistance was provided by Allen & Overy teams from offices in the United States, the Netherlands, the PRC and Italy.