EMZ Partners acquires minority stake in Pipersberg
Remscheid/ Munich/ Paris — Shearman & Sterling has advised European private equity firm EMZ Partners (EMZ) on the financing of the acquisition of a majority stake in Hermann Pipersberg (Pipersberg). Peter Fischer, Managing Director and shareholder of Pipersberg, and the expanded management team are also investing in the future of the company.
Founded in Remscheid in 1843, Pipersberg is the leading full-service partner for the utility industry in terms of manufacturing, calibration, certification and sales of gas and water meters. The company also provides comprehensive services, such as new meter installation, regular meter changes, regulatory spot checks and repairs, and logistics.
About EMZ
EMZ is a leading European investment company based in Paris and Munich, which sees itself as a partner to medium-sized companies. The focus of activities is on investments alongside founders, family shareholders and managers. EMZ is majority controlled by its own employees and invests the money of institutional investors from Europe. From the current fund with a volume of more than one billion euros, EMZ makes investments in the amount of 10 to 150 million euros. www.emzpartners.com
Advisor EMZ: Shearman & Sterling
Partner Winfried M. Carli and Associate Daniel Wagner (both Munich-Finance). Winfried M. Carli’s team regularly advises EMZ on financing transactions, most recently on the financing of an investment in Celebrate (card making) and Ankerkraut.
About Shearman & Sterling
Shearman & Sterling is an international law firm with 25 offices in 13 countries and approximately 850 lawyers. In Germany, Shearman & Sterling has offices in Frankfurt and Munich. The firm is one of the international market leaders in advising on complex cross-border transactions. Worldwide, Shearman & Sterling primarily advises international corporations and large national companies, financial institutions, and large mid-sized companies. For more information, visit www.shearman.com.