White & Case Advises WernerCo on Acquisition of ZARGES Group
Global law firm White & Case LLP has advised WernerCo, a Triton IV fund company, on its acquisition of ZARGES Group (ZARGES).
The seller is a consortium consisting of funds managed by Baird Capital and Granville, VR Equitypartner and the management team ZARGES. The acquisition enhances WernerCo's position as a market leader for industrial climbing products and storage and transport containers in Europe. The parties have agreed not to disclose the purchase price.
WernerCo is an international manufacturer and distributor of access products, fall protection equipment, secure storage systems and light duty construction equipment. It has manufacturing, warehousing, sales, distribution and office facilities in the US, Australia, Canada, China, France, Hungary, Mexico, Philippines, Vietnam and the UK.
ZARGES, based in Weilheim in Germany, has three production sites in Europe and around 800 employees. It is a leading company in major business sectors such as professional access, packaging/transportation/storage and special construction. ZARGES products are sold into various markets including Germany, France, Sweden, the UK, Denmark, Norway and the Netherlands.
During 2017, White & Case team led by Frankfurt partner Gernot Wagner advised private equity investor Triton on its acquisition of WernerCo.
The White & Case team which advised on the transaction was co-led by partners Hendrik Roehricht and Gernot Wagner (both Frankfurt) and included partners Bodo Bender (Frankfurt), Justus Herrlinger (Hamburg), Vanessa Schuermann (Frankfurt), Justin Wagstaff and Marc Israel (both London), local partners Sebastian Schrag, Ingrid Wijnmalen (both Frankfurt), Lars Petersen (Hamburg) and Katarzyna Czapracka (Warsaw), counsel Andreas Klein (Frankfurt) and associates Simon Rommelfanger, Jan Ole Eichstaedt, Anne-Sophie von Koester (all Frankfurt), Daniel Valdini (Hamburg), Andreas Koessel, Irina Schultheiss (both Frankfurt), Giuditta Caldini (Brussels), Veronika Merjava (Prague) and Claire Jordan (New York).
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