The Finnish MSK Group has acquired the driver cab manufacturer Matec GmbH, which operates in Germany and Slovakia and has plants in Döbeln and Li-pany. Teams from KPMG Law in Germany and KPMG Slovensko accompanied the acquisition.
MSK Group, based in Ylihärme, Finland, specializes in the manufacture of safety cabins. The family-owned company’s products are used in 75 countries worldwide. As part of the acquisition of Matec GmbH, the Matec plants in Döbeln, Saxony, and Lipany, Slovakia, are integrated into the MSK Group. Matec manufactures cabs for the work machines of well-known manufacturers, including Manitowoc, Volvo CE, Liebherr, Komatsu and Cargotec. MSK CEO Timo Lehtioja aims to make his company Europe’s leading manufacturer of safety cabins.
KPMG Law advised MSK Group on the acquisition with an international team of German lawyers supported by colleagues from the Slovak member company, in cooperation with KPMG in Finland and a Finnish law firm. The advice included the support of the entire transaction, in particular the negotiation of the Share Sale and Purchase Agreement and the legal due diligence as well as – through KPMG AG Wirtschaftsprüfungsgesellschaft – tax aspects in Germany and Slovakia.
Consultant MSK Group OY
KPMG Law Rechtsanwaltsgesellschaft mbH, Germany
Dr. Volker Balda, Partner, Lead Partner, Johanna Schindler, Manager, Justus Groß, Manager (all Deal Advisory, M&A, Frankfurt am Main)
Dr. Lars Hinrichs, Senior Manager, Dr. Theofanis Tacou, Senior Associate (both Labor Law, Hamburg)
Jan-Dierk Schaal, Senior Manager, Melanie Wellner, Senior Associate (both TMT, Hamburg)
Dr. Rainer Algermissen, Partner, Falk Mathews, Manager, Human Aghel, Associate (all Real Estate, Hamburg)
Peter Plennert, Manager (Commercial and Corporate Law, Hamburg)
KPMG Slovensko spol. s.r.o., Slovakia
Marian Dzuroska, Executive Director
Milina Schifferdeckerova, Assistant Manager
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