HIWIN's Czech Integration: German Group Becomes Sole Shareholder
Deal News | Dec 20, 2024 | CEE Legal Matters
In a strategic move to consolidate its holdings, HIWIN GmbH has become the sole shareholder of HIWIN's Brno-based operations. This transfer in the equity structure involved the legal expertise of Havel & Partners, who advised the selling shareholders, including Petr Jasek and Matis. The German group's acquisition positions HIWIN GmbH as the exclusive supplier of its branded linear products and systems across the Czech Republic, Slovakia, and Bulgaria. HIWIN's product range encompasses crucial applications in various industries such as handling equipment, CNC tools, and electronics manufacturing. The acquisition aligned with the operations of Czech Republic-based Matis, specializing in components for mechanical engineering. The legal advice from Havel & Partners, led by Partner Marek Losan and Managing Associate Ivo Skolil, ensured a seamless transition, while OHBS offered legal counsel to HIWIN GmbH.
Sectors
- Manufacturing
- Legal Services
- Mechanical Engineering
Geography
- Czech Republic – HIWIN is headquartered in Brno and is the exclusive supplier of its brand in the country, making this a key geography in the transaction.
- Germany – HIWIN GmbH, the acquiring entity, is based in Germany, representing cross-border investment and corporate strategy.
- Slovakia – Part of HIWIN's market expansion involves operations and supply in Slovakia.
- Bulgaria – HIWIN also operates within the Bulgarian market, indicating its geographical reach.
Industry
- Manufacturing – HIWIN's products and services in linear products, positioning systems, and CNC tools play a pivotal role in the manufacturing industry.
- Legal Services – Havel & Partners and OHBS provided legal advisory in the ownership transfer of HIWIN, highlighting the legal industry's role in M&A transactions.
- Mechanical Engineering – Matis, a participant in the transaction, operates within the mechanical engineering sector, emphasizing the importance of this field in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HIWIN GmbH | Bidding Company | Company | A German group that has become the sole shareholder of HIWIN's operations in Brno. |
| HIWIN | Target Company | Company | Brno-based company and exclusive supplier of HIWIN-brand products in the Czech Republic and other regions. |
| Havel & Partners | Legal Advisor to Selling Shareholders | Company | Provided legal counsel for the selling shareholders in the transaction. |
| OHBS | Legal Advisor to Buyer | Company | Reportedly advised HIWIN GmbH on the acquisition. |
| Petr Jasek | Selling Shareholder | Person | An individual shareholder involved in the sale to HIWIN GmbH. |
| Matis | Selling Company | Company | A Czech Republic-based company involved in the production and supply of components for mechanical engineering, and a selling shareholder. |
| Marek Losan | Partner | Person | A partner at Havel & Partners who participated in advising the selling shareholders. |
| Ivo Skolil | Managing Associate | Person | A managing associate at Havel & Partners who was part of the advisory team for the selling shareholders. |