Munich, October 15, 2020 – The investment company VR Equitypartner has acquired a significant minority stake in the Bavarian plastic injection moulding specialist DITTRICH + Co. Gütt Olk Feldhaus provided legal advice to the current owners, who will remain shareholders also after the transaction has been completed. The transaction is still subject to approval by the antitrust authorities. The parties have agreed not to disclose the purchase price.
DITTRICH + Co GmbH & Co KG, based in Schwabmünchen near Augsburg, Germany, is a family-owned specialist supplier of toolmaking and injection moulded parts with almost 100 employees. Well-known customers come from the furniture industry, consumer electronics, packaging industry, automotive & transport, mechanical engineering and medicine.
Together with VR Equitypartner, DITTRICH + Co plans to continue the growth of previous years by evaluating possible company acquisitions and consistently expanding its own manufacturing competence and capacity.
VR Equitypartner invests in DITTRICH + Co together with its subsidiary VR Equity Gesellschaft für regionale Entwicklung in Bayern mbH, which as part of a partnership with the Free State of Bavaria has been provided with EU funds to promote innovative companies in Bavaria (ERDF funds). VR Equitypartner is one of the leading equity investors for medium-sized companies in Germany, Austria and Switzerland
Legal advisors to the shareholders of DITTRICH + Co GmbH & Co KG:
Gütt Olk Feldhaus, Munich: Dr Sebastian Olk (Partner), Adrian von Prittwitz (Partner, both lead), Dominik Forstner (Associate), Ricarda Theis (Associate, all Corporate/M&A)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus is a leading international law firm based in Munich, Germany. We advise on all aspects of commercial and corporate law. The main areas of our expertise are company law, M&A, private equity and finance. Gütt Olk Feldhaus also handles litigation in these areas.
Dr. Sebastian Olk
Tel. +49 89 24 22 411-20