McDermott advises on the sale of Hobe to Indutrade

Baienfurt/ Munich — The previous share­hol­ders of Hobe Tools Holding GmbH, FTSA Betei­li­gungs GmbH, INTEGRA Treu­hand­ge­sell­schaft mbH Steu­er­be­ra­tungs­ge­sell­schaft, AURELIUS Growth Invest­ments S.à r.l. and Hobe Mana­ging Direc­tor Dr. Jens-Jörg Eßer, have sold all their shares in Hobe to Indu­trade Switz­er­land AG. The tran­sac­tion took place within the frame­work of a compe­ti­tive bidding process.

Hobe GmbH is a niche manu­fac­tu­rer of micro-precis­­ion tools foun­ded in 1971 and based in Baien­furt, Germany. The main custo­mers are compa­nies in indus­tries such as medi­cal tech­no­logy, mecha­ni­cal engi­nee­ring, elec­tro­nics, cons­truc­tion and metrology.

Indu­trade is an inter­na­tio­nal tech­no­logy and indus­trial group foun­ded in 1978 with more than 200 affi­lia­ted compa­nies in around 30 count­ries. Indu­trade gene­ra­ted sales of 21.7 billion Swedish kronor in 2021 and is listed on Nasdaq Stockholm.

Hobe will be inte­gra­ted into Indutrade’s DACH busi­ness area.

Advi­sor to seller: McDer­mott Will & Emery, Munich

Dr. Niko­laus von Jacobs, Foto (Lead), Dr. Germar Enders (Coun­sel; both Corporate/M&A), Dr. Phil­ipp Schäuble (Labor Law), Nina Siewert, Marcus Fischer (Coun­sel; both Tax Law, Frank­furt); Asso­cia­tes: Dr. Fabian Appa­doo, Dr. Robert Feind, LL.M., Sebas­tian Gerst­ner, Benja­min Macie­jew­ski, LL.M., Matthias Wein­gut (all Corporate/M&A)

About McDer­mott Will & Emery

McDer­mott Will & Emery is a leading inter­na­tio­nal law firm with more than 1,200 lawy­ers in more than 20 offices in Europe, North America and Asia. Our lawy­ers cover the entire spec­trum of commer­cial and corpo­rate law with their advice. The German prac­tice is mana­ged by McDer­mott Will & Emery Rechts­an­wälte Steu­er­be­ra­ter LLP. For more infor­ma­tion, please visit: https://www.mwe.com/de/