Lenbach Equity Opportunities III acquires TRUMPF's 3D printing business with Taylor Wessing

The fund managed by the DUBAG Group, Lenbach Equity Opportunities III. GmbH & Co. KG (‘LEO III Fund’), is acquiring TRUMPF's 3D-laser-printing business. The private equity investor was advised on all legal matters by a Taylor Wessing team led by Munich partner and PE expert Sven Schweneke. The transaction is subject to approval by the relevant authorities.

With the acquisition of the Additive Manufacturing division (Laser Metal Fusion (LMF)/Powder Bed Fusion (PBF/LPBF)), the new group intends to strategically realign its business. In future, the focus will be on the development, manufacture, introduction and sale of complete solutions that go beyond the simple delivery of machines. The spin-off will simplify internal structures and processes to enable the company to respond more quickly and effectively to customer needs worldwide. The group sees itself in the future as a technologically leading, internationally operating solution provider for metal 3D printing. The target industries for the future market strategy are primarily aerospace, medical technology, dental technology and general industry.

About the DUBAG Group and LEO III Fund

The DUBAG Group was founded in 2009, is based in Munich and is a fast-growing investment company that manages the private equity fund LEO III. The fund invests in medium-sized companies in special situations, such as corporate spin-offs, turnarounds, succession planning in family-owned companies, complex financing structures and tail-end situations for financial investors. The LEO III fund pursues a pan-European investment strategy with a particular focus on the DACH region and Italy.

About TRUMPF

The high-tech company TRUMPF offers manufacturing solutions in the fields of machine tools and laser technology. The company is driving forward the digital networking of the manufacturing industry through consulting, platform and software offerings. TRUMPF is one of the technology and market leaders in machine tools for flexible sheet metal processing and industrial lasers.

Legal advisors to LEO III Fund

Taylor Wessing Germany: Lead Sven Schweneke (partner), Dr. Daniel Schrembs (salary partner); Laurenz Kiefer (senior associate), all private equity, Munich; Dr. Michael Kieffer (partner), Anna Englert (associate), both commercial, Munich; Dr. Gisbert Hohagen (partner), Christoph de Coster (of counsel), Dr. Jacob Carl (associate), all IP/IT, Munich; Dr. Tim Schwarz (salary partner), Phillip Heske (associate), both technology, media & telecommunications, Munich; Marc André Gimmy (partner), Annika Rahn (senior associate), both Employment, Pensions & Mobility, Munich; Dr. Stefan Horn (salary partner, Regulatory, Hamburg), Dr. Michael Brüggemann (partner), Marieka Müller-Steinmann (associate), Tim Hendricks (associate), all Regulatory, Düsseldorf; Dr. Adrian Birnbach (partner, Real estate, Munich)