Altdorf/ Waregem (Belgium) - Andlin­ger & Company announ­ced its inten­tion to sell Suspa GmbH to the private invest­ment arm of Belgian entre­pre­neur Pascal Vanhalst. Howe­ver, the tran­sac­tion is subject to the appr­oval of the German anti­trust autho­ri­ties. The appr­oval is expec­ted by the end of June. Pascal Vanhalst is head of the Belgian TVH Group, a global manu­fac­tu­rer of spare parts and access­ories for fork­lift trucks.

Shear­man & Ster­ling advi­sed the share­hol­ders of SUSPA GmbH on the sale of the company to its new owner Pascal Vanhalst.

SUSPA GmbH, based in Altdorf near Nurem­berg, is one of the largest suppli­ers of gas springs, hydrau­lic dampers, fric­tion dampers and energy absor­bers, height adjus­t­ment systems and crash manage­ment systems. The products are used world­wide in the auto­mo­tive indus­try, in mecha­ni­cal engi­nee­ring, in the furni­ture indus­try, in house­hold appli­ances, in medi­cal tech­no­logy and in the consu­mer goods indus­try. In addi­tion to the plants in Altdorf and Sulz­bach-Rosen­berg in Germany, SUSPA GmbH has further plants in the Czech Repu­blic, the USA, China and India.

The Shear­man & Ster­ling team, led by part­ner Dr. Alfred Koss­mann (Frankfurt‑M&A), included coun­sel Dr. Anders Kraft (Frank­furt-Tax) and Dr. Mathias Stöcker (Frank­furt-Anti­trust) as well as asso­cia­tes Dr. Aliresa Fatemi, Sven Opper­mann, Evelin Moini (all Frankfurt‑M&A) and Odilo Wall­ner (Frank­furt-Finance).

About Shear­man & Sterling
Shear­man & Ster­ling is an inter­na­tio­nal law firm with 22 offices in 13 count­ries and appro­xi­m­ately 850 lawy­ers. In Germany, Shear­man & Ster­ling is repre­sen­ted at the Frank­furt office. The firm is one of the inter­na­tio­nal market leaders in advi­sing on complex cross-border tran­sac­tions. World­wide, Shear­man & Ster­ling prima­rily advi­ses inter­na­tio­nal corpo­ra­ti­ons and large natio­nal compa­nies, finan­cial insti­tu­ti­ons, and large mid-sized companies.