AXICOM HV AG, a portfolio company belonging to financial investor Radial Capital Partners, has acquired the entire High Voltage business unit from TE Connectivity. All global business activities and staff within the High Voltage business unit are being taken over as part of the transaction. The transaction volume has not been revealed.
A team from FMDH led by Florian Fischer provided Radial Capital Partners with extensive legal advice when the transaction was being prepared, negotiated, and executed. The attorneys at FMDH have a long-standing partnership with Radial Capital Partners. They most recently advised Radial Capital Partners on the acquisition of the Powertech business unit from Knorr-Bremse.
Background information: The High Voltage business unit is a global premium manufacturer of advanced high-voltage products and solutions with long-standing relationships with high-end OEM customers all around the world. The extensive product range includes high-voltage components and hollow composite insulators for a wide range of high-voltage applications, such as air- and gas-insulated switchgear, dead tank circuit breakers and cable bushings. With some 150 employees, the High Voltage business unit is based in Wohlen in Switzerland but it has a global sales network.
Involved Lawyers:
Florian Fischer (M&A, Corporate/Lead, Partner)
Moritz Schade (M&A, Corporate, Senior Associate)