Heuking Advises on the Sale of all ECOROLL Shares to PINOVA
February, 2021 - Germany
A team led by Dr. Peter Christian Schmidt, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised the majority shareholder of ECOROLL AG on the sale of all shares to PINOVA. The seller’s shareholders are a North German family office and the management of ECOROLL AG.
ECOROLL AG is a leading supplier of tools and machines for mechanical surface finishing of metal components. Its product portfolio comprises predominantly tailor-made tools and machines for burnishing, deep rolling, and roller burnishing. With 85 employees, ECOROLL manufaxctures exclusively at its headquarters in Celle, Lower Saxony. The company also operates a sales office in Cincinnati, USA.
PINOVA Capital is an independent private equity firm focusing on high-growth, innovative SMEs in German-speaking Europe with sales between EUR 10 million and EUR 75 million and capital requirements between EUR 5 million and EUR 50 million.
Counsel to ECOROLL Verwaltungs GmbH
Heuking Kühn Lüer Wojtek:
Dr. Peter Christian Schmidt (Lead, M&A, Corporate), Hamburg
Dr. Julius Wedemeyer (M&A, Corporate)
Nathalie Hemmerling (M&A, Corporate), both Hamburg
Peter M. Schäffler (Tax), Munich
Dominik Eickemeier (IP), Cologne
Dr. Volker Voth (Employment),
Dr. Hans Markus Wulf (IT, Data Protection), both Hamburg
