Frankfurt am Main, in the course of 2022 - DIH HGGS GmbH & Co. KG, advised by Wendelstein, acquired all shares in HGGS LaserCUT GmbH & Co. KG. Together with the managing directors of HGGS, Messrs. Werner Schöttinger, Manfred Gehrlein and Stefan Geiger, who intend to preserve their life's work with the sale of their company, and the HGGS staff, the company shall be further developed in the long term.

DIH HGGS LaserCUT GmbH & Co. KG is part of the DIH Group lead by DIH Deutsche Industrie-Holding GmbH, a renowned, independent and owner-managed second generation investment company with high expertise in medium-sized portfolio companies. DIH invests with its own capital and relies on long-term partnership commitments for its investments.

DIH's investment will enable HGGS LaserCUT GmbH & Co. KG to invest in new machines and products as well as in significantly expanded operating facilities and expand its production capacities.

Wendelstein advised DIH on the acquisition of all shares in HGGS LaserCUT GmbH & Co. KG. The Wendelstein team consisted of Dr. Daniel-Müller Etienne (Partner; Corporate and M&A) and Associates Sina Becker, Kevin Siebert and Lukas Fleck (all Corporate and M&A).

Wendelstein is an independent law firm specializing in business law. Wendelstein is particularly active in the areas of M&A, corporate law, litigation and arbitration, restructuring and insolvency law, financing, real estate transactions, capital markets law and tax law. For further information on Wendelstein, please visit www.wendelstein.com.