Noerr advises NDW Holding on sale of MAFI Transport-Systeme and TREPEL Airport Equipment to Mutares

A Noerr team led by Jan-Philipp Meier, Simone Schönen and Christian Haagen has advised NDW Maschinenbau-Holding GmbH on the sale of MAFI Transport-Systeme GmbH and TREPEL Airport Equipment GmbH to Mutares SE & Co. KGaA. The companies are major global manufacturers of ground support equipment and heavy-duty vehicles for the aviation and logistics industries.

MAFI specialises in the development and manufacture of heavy-duty vehicles used to move containers, semi-trailers, cargo units and roll trailers in ports and industrial sites. TREPEL focuses on aircraft tractors, cargo high loaders and loader transporters for the aviation sector. The group operates an integrated production facility in Tauberbischofsheim, Germany, as well as a service location in the United States, and maintains a global sales and service network spanning more than 115 countries.

After an initial extensive transformation programme, including operational improvements and cost savings, the companies are now well placed to increase profitability and secure sustainable growth. They provide a strong platform for further expansion in the global markets for ground support equipment, cargo handling and specialised industrial transport solutions.

The transaction is subject to customary regulatory approvals.

Advisors to NDW Maschinenbau Holding GmbH: Noerr

Lead: Jan-Philipp Meier (partner, M&A), Simone Schönen (partner, Restructuring & Insolvency, both Hamburg), Christian Haagen (associated partner, M&A, Munich)

Antitrust & Competition: Till Steinvorth (partner), Jan-Hendrik Fitzl (senior associate, both Hamburg)

M&A: Kevin Stumme (senior associate), Sophie Wellmann (associate), Victoria Rosendahl (associate), Leonie Köster (associate, all Hamburg)

Banking & Finance: Alexander Schilling (partner), Jonas Strubel (associate, both Frankfurt)

Employment & Pensions: Boris Blunck (partner, Frankfurt)

Financial Services Regulation: Karl-Alexander Neumann (partner), Benjamin Schmerker (associate, both Hamburg)

Restructuring & Insolvency: Konrad Fichter (senior associate, Berlin), Musab Cavunmirza (associate, Hamburg)

Tax: Andre Happel (partner, Frankfurt), Nico Rosenfelder (senior associate, Munich), Thomas Renner (senior associate), Antonia Bach (senior associate), Marcel Zeidler (associate, all Frankfurt)

KPMG AG Wirtschaftsprüfungsgesellschaft acted as financial advisor.

Advisors to the shareholders and NDW Maschinenbau Holding GmbH: Christian Kusenbach, Kusenbach Legal

Advisors to Mutares: Martin Kolbinger and team, SZA Schilling, Zutt & Anschütz