HUESKER Acquires Sineco: A Strategic International Expansion
Deal News | Apr 08, 2025 | Legal Community Germany
German firm Huesker Synthetic, with the active coordination of CEO Hans Grandin and other key executives, has successfully acquired the Italian company Sineco International, marking a significant step in enhancing its capabilities in 3D thermoplastic monofilament technology. Sineco, a specialist in drainage, soil stabilization, and sound insulation, will operate under the Huesker umbrella, while the founding Siniscalco family continues steering its operations alongside Huesker CFO Stefan Heisterkamp to ensure a seamless transition. Legal and financial advisory was robust, featuring contributions from Berner Fleck Wettich for German legal oversight, Ughi e Nunziante Studio Legale for Italian matters, and Arkios Italy for financial consultation. The comprehensive advisory team facilitated smooth transaction proceedings encompassing legal, accounting, tax, and notarial services, ensuring the acquisition aligns with both national and international regulations.
Sectors
- Thermoplastic Technology
- Construction and Infrastructure
- Legal Advisory
Geography
- Germany – Huesker Synthetic, the acquiring company, is based in Germany.
- Italy – Sineco International, the acquired company, is based in Italy. The transaction involved several Italian legal and financial advisory firms.
Industry
- Thermoplastic Technology – Sineco International operates in the field of 3D thermoplastic monofilament technology, relevant to the article due to its focus on technological solutions.
- Construction and Infrastructure – The acquisition enhances Huesker's capabilities in providing solutions for drainage, soil stabilization, and surface erosion control, primarily serving construction and infrastructure sectors.
- Legal Advisory – Involvement of multiple legal firms in transaction advisory makes this sector relevant to the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Huesker Synthetic | Acquiring Company | Company | A German company specializing in synthetic materials and geosynthetics. |
| Sineco International | Target Company | Company | An Italian company specializing in 3D thermoplastic monofilament technology. |
| Siniscalco Family | Management | People | Founders and leading figures in Sineco International, retaining leadership post-acquisition. |
| Berner Fleck Wettich | Legal Advisor to Acquirer | Legal Firm | Provided legal advisory services to Huesker Synthetic. |
| Ughi e Nunziante Studio Legale | Legal Advisor to Acquirer | Legal Firm | Handled Italian legal matters for Huesker Synthetic. |
| Arkios Italy | Financial Advisor | Company | Provided financial advisory services for the transaction. |
| Greco Vitali Associati Studio Legale | Legal Advisor to Sellers | Legal Firm | Provided legal advice to the sellers of Sineco. |
| Studio Vismara Tentardini | Tax Advisor | Company | Managed tax aspects of the transaction. |
| Iannaccone Rinaldi Peperoni | Notarial Firm | Legal Firm | Managed notarial aspects of the transaction. |