The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the funds Capvis Equity Partners IV LP (together "Capvis"), advised by the Swiss investment company Capvis Equity Partners AG on the acquisition of a stake in the ProXES group. Capvis acquires the shares through its Fund Capvis Equity Partners IV LP of DBAG Fund V, a fund managed by Deutsche Beteiligungs AG, DBAG.
ProXES is a leading provider of machines and production lines primarily for the food industry. The group’s products are used to make and process liquid and semi-liquid food, cosmetics and pharmaceutical products in a variety of processes.
The acquisition is still subject to approval by the competent cartel authorities.
A Milbank team led by Michael Bernhardt comprehensively advised Capvis Equity on all legal aspects related to the transaction.
Advisor to Capvis: Milbank, Tweed, Hadley & McCloy LLP
Michael Bernhardt (lead, Corporate/M&A, Frankfurt), Matthias Schell (Tax, Munich), Alexander Rinne, Andreas Boos (both Antitrust, Munich), Leopold Riedl (Corporate/M&A, Frankfurt)
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.
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