PwC and Freshfields jointly advise MEC Group (being a part of Messer Group) on the sale of MEC’s Castolin Eutectic business
Frankfurt, 24th April 2020
An interdisciplinary team of PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC), together with Freshfields Bruckhaus Deringer, has advised MEC Group, that is part of the Messer Group, on the sale of MEC’s Castolin Eutectic business. Prior to and accompanying the sale, PwC and PwC Legal structured the carve-out of the Castolin Eutectic business from the MEC Group in more than thirty countries and provided tax and corporate law advice. The buyer is the private equity firm Paragon Partners.
Castolin Eutectic, based in Kriftel, Germany, provides the full range of consumables, equipment and services in welding, brazing and coating technologies to more than 40,000 customers worldwide.
Advisor MEC Group:
PwC Legal:
Carve-out: Dr. Simon Dürr, Claire Cheung-Ah-Seung (both in lead), Matthias Diegelmann, Aleksandra Lis-Rychlinska (all Global Transformations), Legal Fact Book: Dr. Angelika Bartholomäi, Frank Scheele (both Corporate/ M&A)
PwC:
Carve-out und Tax Fact Book: Stefanie Pongs (lead), Hannah Herrmann, Dr. Fabian Pönnighaus (all Global Transformations Tax)
Carve-out Valuation: Dr. Rainer Jäger (lead), Christian Mathé, Timo Reißmann (all Transactions / Valuation, Modeling & Analytics)
Vendor Assistance / Financial Fact Book: Dr. Henri Blankemeyer (lead), Jan Fiebig (both Transaction Services)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC:
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.com.
In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.
The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.
