Noerr advises international industrial fastenings group Trifast on acquisition in Germany

With Noerr’s support, the international industrial fastenings group, Trifast has carried out an acquisition on the German market: Trifast took over Kuhlmann Befestigungselemente GmbH & Co. KG, a distributor of fastening technology sited close to Bielefeld. The transaction showed a complex structure and included the allotment of new shares in Trifast as part of the consideration.

Trifast’s trading business TR Fastenings is a leading international manufacturer and distributor of industrial fastenings to the assembly industries, employing over 1100 staff in 17 countries. The company, which is listed on the London Stock Exchange, operates through 26 business locations within Asia, North America and Europe. Trifast will be investing into Kuhlmann to further develop the opportunities in the German market.

Advisor to Trifast PLC: Noerr LLP

Dr. Till Kosche, Dr. Stephan Schulz (both corporate/M&A), Tillmann Hecht (employment law), Dr. Oliver Trautmann (tax), Daniel Kassing (insurance law, Düsseldorf)

Associates: Matthias Lüttges, Maren Prigge (both corporate/M&A), Martin Gliewe, Dominik Zweigler (both employment law), Janik Gossler (commercial law, all Frankfurt)

Richard Norton of Charles Russell Speechlys LLP advised Trifast PLC on the UK law aspects of the transaction.