Noerr advises Orlando Capital V on acquisition of TEX Group

06.07.2026

A Noerr team led by Benedikt Vogt and Georg Schneider advised funds managed by Orlando Capital GmbH on the acquisition of Trans Europa Express Holding AG (TEX). The group of sellers includes a fund advised by Ufenau Capital Partners AG.

TEX, headquartered in Freienbach (Switzerland), has established itself in recent years as a market-leading independent European platform for railway infrastructure and rail services. Today, the company is active in Germany, Switzerland, Austria, the Netherlands and Belgium, supporting leading infrastructure operators, passenger and freight transport companies as well as industrial customers with a comprehensive service portfolio along the railway value chain.

Together with management, Orlando Capital plans to strategically expand TEX's strong market position. The focus will be on both, organic growth initiatives and strategic add-on acquisitions to further deepen its presence and broaden its service portfolio.

Noerr regularly advises Orlando on investments, the implementation of investment strategies and divestments. Orlando Capital V is a private equity firm headquartered in Munich, primarily active in the German-speaking region and the Nordic countries. 

Advisors to Orlando Capital V: Noerr

Lead: Georg Schneider (Partner, Private Equity), Benedikt Vogt (Partner, M&A)

Private Equity/M&A: Markus A. Braun (Associated Partner), Ludwig Niller (Senior Associate), Lea Fieseler (Associate)

Banking & Finance: Michael Schuhmacher (Partner), Pinar Turkac-Christmann (Associated Partner), Maria Bozhenova (Associate)

Infrastructure/Real Estate: Volker Bock (Partner), Emily Louise Hannemann (Associate), Philipp Isert (Associate)

Tax: Steffen Arlich (Associated Partner)

Commercial: Helmut Katschthaler (Partner), Severin Limmer (Associate), Hendric Stolzenberg (Senior Associate), Katja Steinthaler (Associated Partner)