PwC and Freshfields jointly advise MEC Group (being a part of Messer Group) on the sale of MEC’s Castolin Eutectic business

April 27, 2020

Frankfurt, 24th April 2020

An interdisciplinary team of PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC), together with Freshfields Bruckhaus Deringer, has advised MEC Group, that is part of the Messer Group, on the sale of MEC’s Castolin Eutectic business. Prior to and accompanying the sale, PwC and PwC Legal structured the carve-out of the Castolin Eutectic business from the MEC Group in more than thirty countries and provided tax and corporate law advice. The buyer is the private equity firm Paragon Partners.

Castolin Eutectic, based in Kriftel, Germany, provides the full range of consumables, equipment and services in welding, brazing and coating technologies to more than 40,000 customers worldwide.

Advisor MEC Group:

PwC Legal:

Carve-out: Dr. Simon Dürr, Claire Cheung-Ah-Seung (both in lead), Matthias Diegelmann, Aleksandra Lis-Rychlinska (all Global Transformations), Legal Fact Book: Dr. Angelika Bartholomäi, Frank Scheele (both Corporate/ M&A)

PwC:

Carve-out und Tax Fact Book: Stefanie Pongs (lead), Hannah Herrmann, Dr. Fabian Pönnighaus (all Global Transformations Tax)
Carve-out Valuation: Dr. Rainer Jäger (lead), Christian Mathé, Timo Reißmann (all Transactions / Valuation, Modeling & Analytics)
Vendor Assistance / Financial Fact Book: Dr. Henri Blankemeyer (lead), Jan Fiebig (both Transaction Services)

For further information please contact:

Martin Krause
PwC Communications
Tel.: (0211) 981 – 16 57
Write 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 under www.pwc.com/structure.

Contributors

Dr. Simon Dürr

Corporate/M&A

Tel: +49 69 9585-2247

Claire Cheung-Ah-Seung

Corporate/M&A

Tel: +49 69 9585-5943

Matthias A. Diegelmann

Corporate/M&A

Tel: +49 69 9585-6993

Dr. Angelika Bartholomäi

Corporate/M&A

Tel: +49 621 4006-9164

Frank Scheele

Corporate/M&A

Tel: +49 69 9585 5822