Classen Fuhrmanns & Partner advised Paul Bauder GmbH & Co. KG ("BAUDER") on its investment in Sita Bauelemente GmbH ("Sita"). Sita is a leading manufacturer of system solutions for the drainage and ventilation of flat roofs for industrial and commercial buildings based in Rheda-Wiedenbrück. As a result, BAUDER will become an equal shareholder (alongside the two existing shareholders) in Sita.
BAUDER is Europe's leading manufacturer of roof systems. The family business based in Stuttgart has been owner-managed for over 160 years; it has more than 1,000 employees.
The transaction is still subject to antitrust clearance.
For BAUDER, the following persons at Classen Fuhrmanns & Partner were involved in the transaction: Dr. Dirk Classen (lead), Dr. Achim Fuhrmanns, Frauke Classen, Sarah Fani Yazdi.
In 2020, Classen Fuhrmanns & Partner advised the shareholders of VulkaTec Riebensahm GmbH on the sale of their shares to BAUDER. Classen Fuhrmanns & Partner has now acted for BAUDER for the first time.
Contact for further information:
Dr. Dirk Classen, Classen Fuhrmanns & Partner, Rechtsanwälte, Hohenzollernring 72, 50672 Cologne, Germany, Tel. ++49 (0)221/88 88 27 0, dirk.classen@cf-p.de, www.cf-p.de