PwC advises CMP on acquisition of Selux Group

December 5, 2019

Berlin, December 5th 2019

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided legal advice to a private equity fund advised by CMP Capital Management-Partners (CMP) on the acquisition of the Selux Group. PricewaterhouseCoopers GmbH WPG provided the buyer with advice on tax and financial due diligence during the deal.

CMP is an independent, owner-managed private equity company that manages a fund of €440m. CMP focuses on companies that have a healthy operational core but are facing a situation where change is needed.

The Selux Group is a leading provider of sustainable smart lighting solutions with high-end light technology, functionality and design. Its work is based on a deep understanding of light and its effects. Founded in Berlin in 1948, Selux is now a global company with 400 employees at sites in Europe, North America and Australia. The international Selux Group has been concentrating its activities in Europe on the exterior sector since 2018 to increase innovation. In North America, the Selux Corporation continues to provide products for the interior and exterior sectors. The many high-profile projects completed with Selux include the 9/11 Memorial in New York, Kurfürstendamm in Berlin and the Old Port in Marseille.

Advisors to CMP

PwC Legal (Berlin):

Moritz Gröning (team lead, Corporate/M&A), Thomas Moritz, Tanja Galander, Janine Gerner-Yumusak, Valeria Kupreeva (all Corporate/M&A, Berlin), Marcel Jeske (real estate law), Silvia Kast, Ebru Tanis (labour law), Berthold Theuffel-Wehrhahn (law on foundations, Kassel).

PwC (Berlin):

Tax: Volker Booten (team lead), Joost Osmers, Leonard Gorbach, Dirk Sommerfeld, Jana Greiser (Real Estate Tax)
Transaction Services (Munich): Stefan Saalfrank (team lead), David Trentmann, Angelika Rücker, Juan Oporto Espuelas, Aynur Halici

 

For further information please contact:

Martin Krause
PwC Communications
Tel: +49 211 981-1657
Send an e-mail

 

About PwC Legal

In today’s rapidly evolving marketplace, our clients are increasingly concerned with business collaborations, restructuring, mergers and acquisitions, financing and questions of social responsibility. They need legal security when dealing with such complex issues. That is why we work closely with PwC’s tax, human resources and finance experts and draw on the resources of our legal network in more than 100 countries to deliver comprehensive advice. Whether a global player, a public body or a wealthy individual, each client can rely on a personal account manager to address his or her specific legal needs. This dedication helps us ensure our clients’ long-term business success.
PwC Legal. More than 250 lawyers at 18 locations. Integrated legal advice for the real world.
 

About PwC

The common purpose of PwC is to build trust in society and solve important problems. With a network of firms in 157 countries, more than 276,000 people are committed to providing high-value sector-specific services in the fields of Auditing, Tax and Business Consulting.
The brand name, PwC, refers to the PwC network and/or to one or several of its member firms, each of which is a separate legal entity. Further details at
 www.pwc.com/structure.

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Contributors

Moritz Gröning

Corporate/M&A

Tel: +49 30 2636-3410

Berthold Theuffel-Werhahn

Succession consultancy and foundations

Tel: +49 561 9358-201