Industrial connectivity specialist, Harting Technology Group, has announced that it is forming a strategic partnership with the Swiss manufacturer of cable solutions and systems, Studer Cables, parent company HC Holding Epsilon. Bär & Karrer has advised the Harting entrepreneurial family on the acquisition.
Studer Cables is a technology and market leader for high-performance cables in the energy, infrastructure, mechanical engineering and mobility sectors. This partnership will enable them to expand their solutions portfolio, strengthen their market position and serve customers with new connectivity solutions. In the past business years, Studer Cables generated sales of approximately EUR 200 million and will continue to operate as an independent company on the market. Both parties agreed not to disclose the purchase price.
The team of Bär & Karrer was co-led by partners Christoph Neeracher (pictured right) and Philippe Seiler (pictured left) and included Thomas Rohde, Benjamin Grunwald, Elisabeth Rinderknecht, Yascha Fengler, Lazar Lepir and Patrick Zumsteg (all m&a), Susanne Schreiber and Julian Hodel (both structuring), Lukas Roesler and Nicolas Hadorn (both financing), Markus Wang and Christine Schweikard (both IP/IT), Kilian Müller (real estate), Laura Widmer and Manuel Schmid (both employment) as well as Fabian Turtschi (notarial services).
The team of Latham & Watkins acted as German legal advisor and was co-led by Oliver Felsenstein and Maximilian Platzer.