Voilàp expands in smart factories and acquires Stürt with Linklaters

The Voilàp Group, a multinational company based in Italy specializing in the design and implementation of smart systems for industry and cities, acquired Stürtz Group, which operates in automated production of PVC processing machinery, located in Neustadt, Germany. Stürtz generates approximately 65 million euros in revenue with over 350 employees and has international subsidiaries in Canada, Poland, the United Kingdom, and the United States.

The advisors

The international law firm Linklaters served as legal counsel providing advice under the leadership of Riaz Janjuah (Partner, Restructuring & Insolvency) and Maximilian Mann (Managing Associate, Corporate / M&A, both Hamburg) (BOTH PICTURED BOTH LEFT AND RIGHT).

Additional team members include Tobias Klupsch (Counsel, Restructuring & Insolvency, Frankfurt), Dominik Wegener (Managing Associate, Corporate / M&A, Hamburg), Tobias Grans (Senior Transaction Lawyer, Corporate / M&A, Munich), Oliver Rosenberg (Partner, Tax Law, Düsseldorf), Pascal Janssen Jägers (Associate, Tax Law, Frankfurt), Dr. Rene Döring (Partner) and Colin Laws (Associate, both Employment Law, Frankfurt), Wolfram Krüger (Partner), Dr. Felix Stoecker (Managing Associate, Berlin), Felix Kolbe (Associate, Munich, all Real Estate), Cordt-Magnus van Geuns-Rosch (Managing Associate) and Jenny Döllmann (Associate, both IP, Frankfurt), Dr. Michael Leicht (Partner) and Dr. Jonas Baumann (Associate, both TMT, Frankfurt).

Also: the transaction was conducted by Britta Hübner, a restructuring expert and CEO of Hübner Management. The management consulting firm Beceptum International acted as advisor for the acquisition. Intesa Sanpaolo and Banco BPM supported Voilàp in financing the transaction.

Details of the acquisition

With this acquisition, the Voilàp Group intends to further strengthen its position as a world leader in the supply of high-end machinery for window and facade construction and as a key player in the field of industrial applications. The acquisition of Stürtz ideally complements Voilàp’s existing portfolio, which has established global leadership in aluminum processing machinery with the Elumatec, Emmegi, and Tekna brands, and in glass processing with the Keraglass and Mappi brands. Stürtz Group’s leadership in PVC processing machines adds to the expertise already developed within Voilàp through the production of Someco machinery.

“We consider this transaction a unique opportunity to develop an increasingly comprehensive system of intelligent and interconnected machines for the factories of the future. With Stürtz, we acquire unparalleled expertise in automated processes,” states Valter Caiumi, Chairman of the Board of Directors and CEO of the Voilàp Group. “Over the years, we have completed numerous acquisitions and have demonstrated the ability to restructure complex businesses, improve their competitiveness, and ensure their long-term growth. This was the case, for example, with Elumatec, a German company acquired ten years ago that became a world leader in its sector in perfect synergy with the Group’s other activities.”

The acquisition includes the production facility, real estate company, machinery, intellectual property, trademarks, software, workforce, order backlog, and inventory. At the same time, Voilàp will acquire shares in the international subsidiaries in Canada, Poland, the United Kingdom, and the United States. Stürtz’s more than 350 jobs will be maintained to ensure the valuable know-how of its employees. Stürtz will continue to exist as an independent brand and organization.