Delfingen Industry S.A., a French listed global automotive supplier, has acquired 85% of Reiku GmbH, a German family owned business specialized in cable protection for industrial applications, primarily in the fields of automation and robotics. Taylor Wessing acted as lead counsel of Delfingen Industry in this strategic acquisition through which Delfingen accelerates its diversification in the field of industrial applications, one of its priority development areas. Founded in 1969, Reiku is a leading specialist for full range cable protection systems. With a turnover of EUR 420 million in 2022 generated with 3,800 employees in 26 plants in 21 countries worldwide, Delfingen Industry is one of the world leaders in the field of electrical cable protection for the automotive industry and industrial applications. The parties agreed not to reveal the purchase price. The transaction is completed.
Legal counsel to Delfingen Industry S.A.:
Taylor Wessing (Munich): Dr. Christian Traichel (Lead Partner, Corporate/M&A), Dr. Rebekka Krause, Dr. Christian Dietz (both Corporate/M&A), Christiane Richter-Wienke, LL.M. (Employment), Dr. Adrian Birnbach (Real Estate), Dr. Marco Hartmann-Rüppel, Lara Skotki (Competition/Merger Control), Maximilian Höving (Commercial), Dr. Tim Schwarz (IP), Dr. Bert Kimpel (Tax), Dr. Jan Philip Rektorschek, Tobias Baus (Patents)