Capiton: DEC acquires Extract Technology
Berlin — Dec Group, a portfolio company of capiton V Fund and the world’s leading supplier of containment powder handling systems, has acquired the Extract Technology business unit from US-listed Wabash National Corporation, a company listed on the New York Stock Exchange. BMH BRÄUTIGAM advised the DEC Group on the financing of the acquisition of Extract Technology (UK / US).
Extract Technology is a leading provider of containment and aseptic systems for the pharmaceutical, biotech, nuclear and chemical markets. Extract is headquartered in Huddersfield, UK, with an additional site in New Lisbon, USA, serving the fast-growing US market.
Advisor DEC Group: BMH BRÄUTIGAM in relation to the financing and acquisition of further shares in group companies.
Dr. Andrea Reichert-Clauß, David Thüning, Tina Schmidt, Till Wansleben (all Private Equity ǀ Corporate/M&A)
For aspects of Swiss law, BMH BRÄUTIGAM consulted MLL Meyerlustenberger Lachenal (lead Dr. Christoph Heiz) from its international network.
The BMH BRÄUTIGAM team has been advising capiton for years, including on the acquisition of the DEC Group.
Other advisors to DEC:
xtShoosmiths (Legal UK / Transaction, led by Simon Procter), PwC (Financial), EY (Tax).
Advisors to banks: Baker McKenzie (lead Dr. Philip Spoerlé, Zurich).