GRUENDELPARTNER advises WMS on acquisition of SIMPEX

The SIMPEX HYDRAULIK Group, which operates throughout Germany and will be headquartered in Leipzig in the future, is sold to WMS Wachstumsfonds Mittelstand Sachsen and the operational management under the leadership of Ilkka Matinpalo as part of a succession financing.

WMS together with the management team is acquiring all shares in the company group from the founder and majority shareholder Rolf Schmolz in the course of a succession solution. The SIMPEX HYDRAULIK Group includes the independent regional SIMPEX companies in Eisenhuettenstadt, Brandenburg, Neuss, Gera and Munich. In the future, the group will be managed from the new headquarters in Leipzig.

SIMPEX HYDRAULIK was founded in 1975. Today, SIMPEX HYDRAULIK is one of the leading companies in the German hydraulic and pneumatic industry as well as lubrication technology and acts as an international system supplier and integrator.

GRUENDELPARTNER has provided legal advice to WMS with a team led by Dr. Mirko Gruendel. GRUENDELPARTNER’s Equity Capital practise group is one of the most experienced and best staffed advisory units in Central Germany and supports investors and entrepreneurs in all development stages, in particular regarding business formation, development, and financing as well as during all exit processes.

Contact us:
Maedler-Passage, Grimmaische Str. 2-4
04109 Leipzig
Tel.: +49 341 231062-0
Fax: +49 341 231062-30