Bird & Bird's German corporate team has recently advised the shareholders of BBS Automation GmbH, one of the leading providers of high-quality automation solutions for complex assembly and testing processes with locations in Germany, USA, Malaysia and China, on their investment and joint venture with EQT Mid Market Europe.
The growth of BBS should be supported both organically and through further acquisitions in new areas of application, in particular to promote the further development of Industry 4.0 production systems. In addition, the expansion of international activities - especially in Asia and America - will be an important aspect of future cooperation.
The founders of BBS Automation GmbH, Josef Wildgruber and Uwe Behr, will continue to manage the company and all current shareholders will continue to be invested in BBS Automation. The parties of the transaction have agreed not to disclose any information on the transaction amount.
The Bird & Bird team advising BBS Automation GmbH and its shareholders comprised of: Partner Stefan Münch, Counsel Stephan Kübler (both leading the transaction) and Associates Michael Gaßner and Benedikt Weiß (all Corporate / M & A, Munich), as well as Senior Counsel Martin Jäger (Competition, Dusseldorf).
