
Gleiss Lutz has advised the special machinery maker ruhlamat GmbH on the complete sale of its Suzhou-based subsidiary to the Chinese private equity investor Centurium Capital. The sale includes a number of subsidiaries across Asia.
ruhlamat manufactures fully-automatic, semi-automatic and manual specialised machines for automation systems and assembly systems for the automotive, medical technology and alternative energy sectors. The company employs 1,500 people at its headquarters in Gerstungen and at five other sites worldwide. The China unit was founded in 1998 as a subsidiary of ruhlamat Germany to focus on auto parts solutions and laser applications.
Headquartered in Beijing, Centurium is a private equity firm with a focus on the consumer, business services, healthcare and technology sectors. It manages both USD and RMB funds with over USD 7 billion in assets under management.
The following Gleiss Lutz team led by Dr. Anselm Christiansen (partner) and Dr. Yixiao Li (both M&A, both Stuttgart), has advised ruhlamat:
Dr. Michael Burian (partner), Dr. Julia Müller (both M&A), Dr. Ocka Stumm (partner, all Frankfurt), Jochen Pfleger (both Tax, Hamburg), Dr. Johannes Hertfelder (partner), Philipp Drixler (both Competition/Antitrust, both Stuttgart), Josefine Chakrabarti (counsel, Employment), Dr. Alexander Molle (partner, both Berlin), Christian Eulenpesch (counsel, both IP/Tech, Stuttgart), Aylin Hoffs (counsel, Foreign Trade Law, Düsseldorf).
