Lumsden and Partners advised on the sale of Merz Industrietechnik GmbH to the US group Wabtec

Merz Industrietechnik GmbH, a leading innovative Austrian company specializing in sales and maintenance in the field of rail vehicles, machinery and equipment with electrical, electronic and mechanical systems and components, was sold to the US-American major major corporation Wabtec (8 billion sales, 27,000 employees). Wabtec Corporation is the world's largest rail vehicle manufacturer following the recently merged with the rail vehicle division of General Electric, Wabtec Corporation is one of the most important companies in the USA in this sector.

The seller, Matthias Merz, was advised by the Lumsden and Partners M&A team (lead partners Irina Tot and Dr. Wolfgang Sieh, both partners at Lumsden and Partners). "Our strong US focus and our distinct "hands on" mentality were once again more than helpful, exactly how we were able to perfectly support our client in the sale. Since we count numerous US American companies among our clients, we are familiar with their mindset and the approach in these cases". says Dr. Robin L. Lumsden MBA (Stanford) LLM (Berkeley).

The buyer was represented by Adrien Debré, Partner at Cornet Vincent Ségurel, Paris. Lumsden an Partners is one of the leading Austrian commercial law firms with focus on corporate law / M&A, commercial litigation and real estate law. Due to the expertise in US law, the firm regularly represents Austrian companies in US-related cases (e.g. Flughafen Wien AG) as well as US companies in Austria.