Oppenhoff & Partner advises PINTSCH BAMAG on the acquisition of Tiefenbach

PINTSCH BAMAG Antriebs- und Verkehrstechnik GmbH, a wholly-owned subsidiary of Schaltbau Holding AG, has taken over the shunting equipment and signalling specialist Tiefenbach GmbH with its seat in Sprockhövel. The transaction has economic effect as of 1 January 2012 and also encompasses a business division in the USA.

Tiefenbach GmbH, which was founded in the year 1950, has established itself as one of the leading international specialists in systems for rail shunting and signalling technology. With sites and cooperation partners on four continents, Tiefenbach GmbH can boast the successful realisation of over 300 projects on an international level.

With this acquisition, PINTSCH BAMAG intends to further expand its existing market position as a supplier of signalling equipment for main and branch line railways both in Germany and abroad as well as to enter promising new markets in the fields of railway signals engineering, train marshalling systems and sensor technology. With annual sales of €315 million and a workforce of around 1,700 employees, Schaltbau Group is a leading supplier of components and systems in the field of transportation technology. It supplies complete level crossing systems, door systems for buses and trains, industrial braking systems for container cranes and also power supply units as well as high- and low-voltage components for railway vehicles.

An Oppenhoff & Partner team led by M&A Partner Dr. Günter Seulen extensively advised PINTSCH BAMAG during this transaction. Further team members included Dr. Falk Osterloh, Michael Grimm (both M&A), Dr. Johannes Rabus, Marc Häger (both contract law), Dr. Gunnar Knorr (tax law), Gert Dittert, Georg Lecheler (both IP), Dr. Daniel Dohrn (competition law) and Isabel Hexel (labour law).

Oppenhoff & Partner recently advised the Schaltbau subsidiary Gebr. Bode on its participation in the British firm Rail Door Solutions.

Oppenhoff & Partner also recently advised inter alia:

• Canaccord Financial Inc. on £253m takeover of Collins Stewart Hawkpoint plc.
• Sunstar on the acquisition of Interbros
• akf bank on the acquisition of CIT Industriebank
• The major shareholder on the sale of Mexad to DataXu
• RTL on the acquistion of netzathleten.net

Oppenhoff & Partner stands for over 100 years of legal counselling on a top level.
The independent firm advises national and international companies and entrepreneurs on matters of commercial and tax law.