WKB lawyers advised Ringfeder Power Transmission (a division of the listed VBG Group) on the acquisition of the industrial brake business of Tüschen und Zimmermann.
WKB provided Ringfeder with comprehensive legal support on Polish aspects of the transaction during the entire acquisition process, including advising on the transaction’s structure, employment aspects, and transaction documents.
The interdisciplinary WKB team was led by Anna Wojciechowska and included Anna Kratiuk and Dominika Zdunek from WKB’s German Desk team, supported by Agata Miętek Ph.D. (employment law team), Adrianna Kucharska (real estate team), Sebastian Woźniak (M&A team), Łukasz Czekański and Rafał Mierkiewicz from tax law team.
The VBG Group is an international industrial group with more than 1 700 employees in 17 countries, listed on Nasdaq Stockholm. The Group’s division – Ringfeder Power Transmission offers technically leading products and systems for use in the areas of mechanical power transmission as well as energy and shock absorption.
Tüschen und Zimmermann manufactures hydraulic, electric, and pneumatic safety brakes for industrial applications. The largest customers are to be found in Poland, Slovenia, Turkey, and the Czech Republic.