Menold Bezler advises Klafs on acquisition of majority stake in Guncast

Schwä­bisch Hall — Schwä­bisch Hall-based sauna manu­fac­tu­rer Klafs GmbH & Co. KG acqui­res a majo­rity stake in British swim­ming pool buil­der Guncast Swim­ming Pools Limi­ted. Klafs was advi­sed by Menold Bezler toge­ther with the British law firm Stevens & Bolton.

Guncast, a family-run busi­ness based in Petworth, West Sussex, is a provi­der of luxury swim­ming pools and employs around 40 people. Guncast had alre­ady been a supplier of Klafs products to the UK market since 2016.

Foun­ded in 1928, the family-owned company Klafs is the market leader for sauna, pool and spa equip­ment with more than 730 employees. The majo­rity take­over streng­thens Klafs’ inter­na­tio­nal positioning.

Menold Bezler advi­sed Klafs on the legal aspects of the tran­sac­tion under German law, having alre­ady acted for Klafs on the sale of a majo­rity stake to invest­ment company Egeria in Febru­ary this year. Stevens & Bolton, a long-stan­­ding coope­ra­tion part­ner of Menold Bezler, assis­ted Klafs with the legal struc­tu­ring under British law.

Advi­sors to Klafs GmbH & Co. KG: Menold Bezler (Stutt­gart)
Vladi­mir Cutura (Part­ner), Dr. Kars­ten Gschwandt­ner (Part­ner), Nicole Brandt (all Corporate/M&A)

About Menold Bezler

Menold Bezler is a part­­ner­­ship-struc­­tu­­red commer­cial law firm based in Stutt­gart. More than 120 profes­sio­nals offer legal advice, tax advice, audi­ting and busi­ness manage­ment advice from a single source. Our clients include well-known medium-sized compa­nies, listed corpo­ra­ti­ons, the public sector and its compa­nies as well as non-profit orga­niza­ti­ons. More at www.menoldbezler.de.