Arcaris takes over MAGRO fasteners
Düsseldorf — The investment company Arcaris takes over MAGRO Verbindungselemente GmbH as part of the company’s succession. The sole shareholder of MAGRO was advised by GvW Graf von Westphalen on the sale to Arcaris.
MAGRO is a medium-sized family business based in Wuppertal. Specializing in the procurement and logistics of industrial fasteners, the company supplies the automotive and mechanical engineering industries in particular with applications such as turned, milled and pressed parts.
Arcaris Management GmbH is an independent investment company founded by entrepreneurs. Through them, a broad network of entrepreneurs and entrepreneurial families invests in German SMEs. Arcaris exclusively represents long-term oriented investors who support their investments in many ways as partners and assume responsibility. The focus of these investments is on the manufacturing and service sectors.
Advisor to Magro: GvW Graf von Westphalen
GvW advised the family-owned company through a Frankfurt team consisting of Titus Walek (lead), Jan Hüniken (both M&A), Andrea Torka (real estate law), Karsten Kujath (labor law), Dr. Frank Tschesche and Soufian Hjiri (both tax law).
About Graf von Westphalen
GvW is a partnership of 160 lawyers and tax advisors. With offices in Berlin, Düsseldorf, Frankfurt am Main, Hamburg, Munich, Stuttgart and foreign offices/representative offices in Brussels, Istanbul and Shanghai, the firm is one of the largest independent law firms in Germany. www.gvw.com.