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Heisse Kursawe Eversheds advised Norman Hay plc on acquisition of Sterr & Eder Industrieservice GmbH

  • Germany


    Munich - British Norman Hay Group reinforces its presence in the German market. Heisse Kursawe Eversheds advised Norman Hay plc on the acquisition of Sterr & Eder Industrieservice GmbH. Norman Hay took over all company shares and as part thereof the assets with effect from 16 January 2013. The parties have agreed not to disclose the purchase price.

    Norman Hay Group with its seat in Coventry (Great Britain) ranks among the world market leaders for chemical sealing techniques, surface treatments and related engineering services and is listed on the Alternative Investment Market of London Stock Exchange. Sterr & Eder Industrieservice GmbH which is located in Velden near Munich (Germany) was founded in 1987. The company provides services of any kind related to the processing and control of surfaces to the automotive and foundry industry. With the acquisition of Sterr & Eder, Norman Hay Group was able to extend its product portfolio considerably and further develop its market position in Germany.

    A team around Sybille Flindt, partner in the Corporate Practice Group, provided comprehensive legal support to Norman Hay regarding the acquisition:Sybille Flindt, Corporate/M&A, Lead Partner; Holger Holle, Corporate/M&A, Counsel; Dr. Adrian Birnbach, Real Estate, Counsel; Dr. Manuela Rauch, HR, Counsel; Sabine Wagner, Commercial/Corporate, Associate; Thomas Barth, HR, Associate.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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