GRUENDELPARTNER advises GETT on the acquisition of WES

GETT Gerätetechnik GmbH is acquiring WES Systeme Electronic GmbH, thereby strengthening its positions in the system solutions, touch monitors and POI terminals segments. As a result, the GETT Group is expanding its market share in the field of customised user interface solutions and is set to become one of the largest providers in this market segment in Germany for its customers.

In 2013, the Growth Fund for SMEs in Saxony (WMS) supported the successful handover from the company’s founder to the three-person succession team by taking a direct and a silent stake in the GETT Group.

GRUENDELPARTNER provided legal advice to both the WMS and the GETT Group in connection with the acquisition.

GRUENDELPARTNER’s M&A, Venture Capital and Private Equity practice group is one of the most experienced and best-staffed advisory units in Central Germany and supports investors and entrepreneurs through all stages of development, particularly in company formation, business development, corporate financing and all exit processes.