GCI Management is advising MS Industrie AG on the partial sale of Elektromotorenwerk Grünhain GmbH in Grünhain-Beierfeld

MS Industrie AG (WKN 585518; ISIN DE0005855183) is selling, as of January 1st, 2021, 70.1% of the shares in Elektromotorenwerk Grünhain GmbH (EMGR) to the Austrian company System Industrie Electronic Holding AG (“S.I.E.”) based in Lustenau, and, concurrently, 10% to the managing director of EMGR, Mr. Dipl.Ing. Peter C. Weilguni. The company generates annual revenue of approximately EUR 20 million and employs around 270 people at two locations in Grünhain-Beierfeld and Bulgaria.

GCI Management Consulting GmbH has served as M&A advisor to MS Industrie AG since the beginning of discussions with S.I.E. Legal counsel for the transaction was provided by the Munich-based law firm LJH Lindlbauer Rechtsanwälte.

As part of the M&A sell-side mandate described above, GCI has undertaken the following key tasks:

• Coordination of all due diligence activities, including Q&A
• Verification of business plans and other transaction-related documents
• Administration and management of the digital data room
• Participation in on-site due diligence meetings
• Assistance in preparing purchase agreement attachments and other transaction documents
• Project coordination with the company’s involved managers, attorneys, and tax advisors