HEUKING advises Lütze Group on structured succession process
October, 2024 - Stuttgart, Germany
A HEUKING team, led by Stuttgart-based Partner Dr. Rainer Herschlein, advised Lütze Group on legal and tax matters relating to its sale to U.S.-based Amphenol Corporation. The team structured and coordinated the entire bidding process, while also leading the negotiations for the German part of the transaction. The sale of the U.S. subsidiary, Lutze Inc., had already been finalized on May 1, 2024. Following the sale, the transfer of shares to Lütze Consulting GmbH & Co. KG, the German holding company for the international Lütze Group, was concluded after obtaining all necessary official approvals.
Lütze Group, a global manufacturer of automation components and cable solutions, has its headquarters in Weinstadt, Germany, and Charlotte, North Carolina/USA. With over 500 employees worldwide, the company specializes in developing and producing advanced cable solutions, connectors, and innovative control cabinet technology for various industrial sectors, as well as offering control solutions for train and railroad technology.
Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximately 40 countries around the world and sells its products through its own global sales force, independent representatives and a global network of electronics distributors. Amphenol has a diversified presence as a leader in high-growth areas of the interconnect market including: Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Mobile Devices and Mobile Networks.
Counsel to Lütze Group
HEUKING:
Dr. Rainer Herschlein, LL.M. (Lead),
Dr. Emanuel Teichmann,
Ramona Bauer-Schöllkopf, LL.M.,
Benedikt Raisch,
Charlotte Schmitt, LL.M. (all Corporate/M&A),
Antje Münch, LL.M. (IP/Data Protection),
Veronika Straub,
Ivana Djepic (both Real Estate),
Carina Bart (Employment),
Dr. Anne de Boer, LL.M. (Capital Markets), all Stuttgart,
Fabian G. Gaffron,
Simon Pommer, LL.M. (both Tax),
Dr. Stefan Bretthauer,
Jia-Xi Liu (both Antitrust),
Dr. Johan-Michel Menke, LL.M. (Employment), all Hamburg,
Dr. Ruth Schneider (Commercial),
Bettina Neheider (Public Law), both Munich,
Dr. Bodo Dehne,
Sarah Radon, LL.M. (Foreign Trade), both Düsseldorf
