Brandl Talos and SMP advise S.I.E. AG on the acquisition of a majority stake of EMGR GmbH

Press release • Corporate Law & Transactions from Roman Rericha, Stephan Strass

Vienna, 18 December 2020 - System Industrie Electronic Holding AG acquires 70.1% of Elektromotorenwerk Grünhain GmbH, a developer and manufacturer of actuators and actuator components for a wide range of industrial applications.

Elektromotorenwerk Grünhain GmbH (EMGR) employs around 270 people at sites in Grünhain-Beierfeld (Germany) and Gabrovo (Bulgaria) and develops electric motors and components for industrial applications such as pumps, conveyor belts or compressors. As of January 1, 2021, System Industrie Electronic Holding AG (S.I.E. Holding) will acquire 70.1% of EMGR shares from the listed MS Industrie AG.

 

» Having already successfully advised us on the sale of the S.I.E. Solutions division to Paramit Corporation, we also relied on the legal support of Roman Rericha and his team in this exciting transaction. We would like to express our sincere thanks for their commitment and solution-oriented advice and look forward to further joint projects in the future. «
Udo Filzmaier, Member of the Management Bord-System Industrie Electronic Holding AG

S.I.E. Holding operates a global group of companies providing electronic solutions, components and services to leading industrial companies worldwide for their medical, government/safety and industrial applications. Together with EMGR’s management, S.I.E. Holding aims to expand the business, particularly in the further development of innovative electronic controls and systems for motor applications and in the field of cargo e-mobility.

The Brandl Talos transaction team led by Roman Rericha and Stephan Strass advised S.I.E. Holding together with SMP Law (Tim Schloesser and Leonie Hartz) in the acquisition process.

» We are very pleased that System Industrie Electronic Holding AG has chosen our expertise for this strategic investment and wish the company every success for the future. «
Roman Rericha

Press contact:
Andrea Blama
T +43 1 522 5700-82
communications@btp.at

The team
Roman Rericha
Partner / Fund Formation, Venture Capital & Start Ups, Corporate Law & Transactions
Roman represents clients in complex cross-border M&A and private equity transactions. Austrian and international venture capital funds regularly turn to him for assisting with investments in Austria. His expert advice also guides start-ups through large-scale financing rounds.

University of Vienna, Faculty of Law (Mag. iur. 2005),
Faculty of Business, Economics and Statistics, (Mag. rer.soc.oec. 2007)
Stephan Strass
Partner / Venture Capital & Start Ups, Corporate Law & Transactions, BioTech & Lifescience
Stephan advises innovative start-ups, institutional and strategic investors and other companies on acquisitions, financing rounds, joint ventures and exit transactions with a focus on highly regulated industries such as life sciences, biotech and leisure & entertainment. He further specializes in commercial transactions in the life science and biotech sector, including university spin-offs, strategic collaborations, patent and technology license agreements and IP purchase transactions.

He has co-authored commentaries on the EU Merger Act and the Investment Fund Act, and is the author of many academic publications.

University of Vienna, Faculty of Law (Mag. iur. 2015)
Harvard Law School, Master of Laws (LL.M. 2019)