Press Release | 1/10/23
SZA SCHILLING, ZUTT & ANSCHÜTZ ADVISES MUTARES ON EXIT FROM LACROIX + KRESS GMBH
A team led by SZA Schilling, Zutt & Anschütz partner Dr. Martin Kolbinger has advised Mutares on the sale of its portfolio company Lacroix + Kress GmbH.
Lacroix + Kress is the leading oxygen free copper drawing manufacturer in Europe. The company employs approximately 250 employees at its two German manufacturing sites in Bramsche and Neunburg vorm Wald and serves customers in several industries such as the automotive sector. The completion of the transaction is expected in the first quarter of 2023.
Superior Essex is a subsidiary of the South Korean LS Group which operates in Germany under the name Essex Furukawa Magnet Wire.
The team of SZA Schilling, Zutt & Anschütz led by Dr. Martin Kolbinger regularly advises Mutares on both the buy-side and the sell-side.
Mutares invests in medium-sized companies and carve-outs in turnaround situations. The shares of Mutares SE & Co. KGaA are traded on the Frankfurt Stock Market.
SZA Schilling, Zutt & Anschütz: Dr. Martin Kolbinger (Lead/Corporate Law/M&A, Munich), Maximilian Mersch, LL.M. (Nottingham) (Corporate Law/M&A, Frankfurt), Christoph Lukas (Corporate Law/M&A, Munich), Prof. Dr. Kristian Fischer (Public Law, Mannheim)
Mutares SE & Co. KGaA (internal): Jan Thöle (General Counsel), Denis Ahluwalia (Head of Tax)
SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft mbH
SZA Schilling, Zutt & Anschütz has been one of the most respected German business law firms for over one century. With its lawyers and offices in Frankfurt, Mannheim, Munich, and Brussels, the firm advises national and international clients on all complex legal issues arising in business.
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