Taylor Wessing advises Hypax on the carve-out acquisition of the WOLF-Garten business from Stanley Black & Decker

Led by Munich-based partner Sven Schweneke, Taylor Wessing has provided legal advice to Hypax on the carve-out acquisition of the WOLF-Garten businesses from the worldwide leader in tools and outdoor Stanley Black & Decker (NYSE: SWK).

Founded in 1922, WOLF-Garten is a leading European brand for high-quality gardening tools, seeds and fertilisers. Headquartered in Germany, the company operates two manufacturing sites in Sankt Wendel and Etzbach, producing a comprehensive range of hand tools—including its renowned multi-star® modular system—alongside a broad catalogue of lawn care products. WOLF-Garten serves customers in over 15 countries with a portfolio of more than 1,000 SKUs and maintains long-standing relationships with major retailers and specialist gardening channels. This is a complex carve out, given the shared systems, customer relationships and corporate functions between the two businesses, that must be transitioned to a standalone platform.

The closing of the transaction is subject to sell-side carve-out measures.

Hypax is a Berlin and London based investment firm specialised in the acquisition of corporate carve-outs and mid-market businesses undergoing transformation. It concentrates on the consumer, industrial, services and TMT sectors and is active throughout all of western Europe with a focus on Germany and the United Kingdom.

Legal adviser Hypax

Taylor Wessing Germany: Sven Schweneke (Lead Partner, M&A / Private Equity), Dr. Daniel Schrembs, LL.M. (Corporate/M&A), Dr. Kilian Friemel (Employment, Pensions & Mobility) (all Munich), Dr. Hendrik Marchal (Tax), Daniel Mursa, LL.M. (Corporate/M&A), Dr. Daniel Graske (Real Estate), Michael Gröber (Tax) (all Hamburg), Klara-Helene Grünhaupt (Employment, Pensions & Mobility), Philip Heske (IP/IT) (both Munich).