BDO advises family shareholders of SÄLZER GmbH on the sale of majority share to Schüco International KG

August 201801

The shareholders of SÄLZER GmbH have sold a majority share in the company to Schüco International KG. The parties have agreed not to disclose the financial details of the transaction.

A mutli-disciplinary team from BDO AG Wirtschaftsprüfungsgesellschaft and BDO Legal Rechtsanwaltsgesellschaft mbH has advised the shareholders of SÄLZER GmbH (Marburg, Germany), Elke and Walther Sälzer, on the sale of a majority shareholding in the company to Schüco International GmbH & Co. KG (Bielefeld, Germany). An M&A team from BDO AG advised on and structured the complete M&A process while a team from BDO Legal provided comprehensive legal transactional advice.

Elke and Walther Sälzer will continue to play a leading role in the development of SÄLZER alongside Schüco. A focus of the activities for the coming years will be on expanding manufacturing capacity at Marburg and internationalizing the business further. The aim for the future is to work closely with Schüco’s sales teams to win new business.

SÄLZER from Marburg is specialized in high security products for buildings. Already in the third generation, SÄLZER develops and produces windows, doors and facades against burglary, bullets, explosions, fire and smoke. According to Schüco, the investment in SÄLZER is an opportunity for it to significantly expand its high security product offering. 

With over 4,900 employees worldwide and 12.000 Partners (fabricators, developers, architects and investors) in more than 80 countries Schüco Group, which has headquarters in Bielefeld (Germany), develops and sells system solutions for windows, doors and façades. It generated revenues of 1.575 billion Euros in 2017.

 

Advisors to family shareholders of SÄLZER GmbH:

M&A, BDO AG Wirtschaftsprüfungsgesellschaft:
Jane Evans (Lead), Mario Males, Hans-Jason Kluge.

BDO Legal Rechtsanwaltsgesellschaft mbH:
Thorsten Schumacher (Lead, Corporate/M&A), Dr Patricia Sirchich von Kis-Sira (Corporate/M&A; Düsseldorf), Dr Martin Krüger (Real Estate; Hamburg), Horst Henschen (Cartel Law; Frankfurt am Main), Julia Dönch, Anna-Kerstin Krüger, Stephan Wetzel (all IP/IT, Commercial), Dr Franziska Hügel, Danny Sassek (Employment Law) Dr Andreas Graef (Public Law; all Düsseldorf).