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21.01.2026 | Deal Notifications

KPMG Law advises Controlware Holding on the sale of Productware to GBS Electronic Solutions

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) provided comprehensive legal advice to Controlware Holding GmbH on the sale of Productware-Gesellschaft zur Produktion von elektronischen Geräten mbH (Productware) to GBS Electronic Solutions GmbH (GBS). KPMG Law worked closely with the Deal Advisory M&A team of KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG AG). The transaction was successfully completed in January 2026.

Productware is a provider of electronic manufacturing services (EMS) and manufactures electronic assemblies and complete devices with high-end assembly lines for industrial customers from various sectors. Productware covers all steps from development and series production to testing and logistics processes.

The GBS Group is a full-service EMS provider along the entire value chain and has been supported by VR Equitypartner, a German investor for medium-sized companies in the German-speaking economic area, since 2016. With this acquisition, the GBS Group aims to strengthen its position in the German EMS market.

KPMG Law provided legal support during the sales process, drafted and negotiated the transaction documents, handled merger control issues and assisted with the signing and closing of the transaction.

Advisory team

KPMG Law: Dr. Christian Hensel (Partner, lead), Cilem Aksu-Aflatoon (Senior Manager), Alexander Barynskyy (Senior Associate; all Corporate/M&A, Nuremberg), Dr. Jonas Brückner (Partner, Antitrust, Berlin)

KPMG: Florian Frei (Partner, Advisory), Thomas Schmidt (Director, Tax)

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© 2026 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

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