Gleiss Lutz has advised the Huhn Group, a Berylls Equity Partners company, on its acquisition of insolvent German automotive supplier Teckentrup. The add-on acquisition will see Teckentrup integrated into the Huhn Group, which Berylls acquired and successfully restructured about two years ago.
The Huhn Group is a leading manufacturer of metal formed parts for the automotive industry. Its products include chassis components and safety-relevant parts for brake boosters, steering columns, assistance systems and gearboxes. The product range of the new subsidiary Teckentrup rounds out Huhn' portfolio in the embossing and fine blanking sector.
Berylls Equity Partners is a private equity firm that invests in mobility companies with value in turnaround situations, improves their operational performance and gives them a long-term perspective.
The following team of Gleiss Lutz lawyers advised Huhn Group: Dr. Patrick Mossler (partner), Dr. Daniel Heck (counsel, both lead), Dr. Michael Knierbein (all M&A, Hamburg), Dr. Doris-Maria Schuster (partner, Hamburg), Steffen Hein (Frankfurt, both Employment), Lesley Milde (Hamburg, Real Estate).
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