Binder Grösswang advises the owners of the MiCROTEC Group on the sale to the Italian private equity group Clessidra

On the basis of the share purchase and transfer agreement signed at the beginning of the year, the owners are selling all shares in the MiCROTEC Group, one of the leading producers of scanners for the wood processing industry. The closing took place in Milan in mid-April.

The Binder Grösswang team provided comprehensive advice in the course of the transaction, in particular in all areas of corporate and tax law, merger control and foreign direct investment. The M&A lead team consisted of partners Florian Khol and Christoph Schober as well as associate Julia Komatz. Also advising were partner Ivo Rungg, partner Christine Dietz and attorney Christoph Raab (both competition law), partner Regina Kröll (foreign direct investment), partner Christian Zwick and attorneys Simona Chwala and Nadja Frenzke (corporate) and partner Clemens Willvonseder (tax law).

Binder Grösswang has regularly advised the direct owner company and some of the indirect owners for many years on a comprehensive range of legal matters, in particular on corporate and foundation law issues.

About the MiCROTEC Group

The target of the transaction, the MiCROTEC Group, produces scanners for the wood processing industry and is a global technology and market leader in the field of intelligent recognition of wood characteristics to maximise value creation and resource efficiency in the wood processing industry. MiCROTEC uses computer tomography and X-rays to generate images of the internal structures of wood, such as knots, cracks and resin pockets, and to enable the virtual quality assessment of entire tree trunks in real time.