Mayer Brown LLP advised Avedon Capital Partners on the sale of Seebach group, the Germany-based provider of metallic filtration solutions, to John Crane, a division of UK-based Smiths Group plc.
Avedon and its co-investors acquired Seebach group in 2012. Mayer Brown had already advised Avedon on the acquisition of the company.
Seebach is a leading supplier of bespoke, highly engineered, premium quality filtration solutions, including both full systems and replacement filter elements, for critical applications, particularly in the polymer and oil & gas markets. The company’s headquarters and main production facility are located in Vellmar, Germany. Seebach operates an additional production plant in Pune, India and also has additional locations and subsidiaries in the Netherlands, the US and China. The company employs about 110 people.
Avedon Capital Partners is a leading private equity fund manager in Germany, focusing on high-growth, mid-sized companies in Germany and the Benelux countries. Avedon manages assets with a value of more than € 500 million.
Mayer Brown has successfully advised Avedon for several years, including, for example, the acquisition and the sale of Tesch Verwaltungs GmbH, a medium-sized company in the field of receivables management; on the sale of GRW Bearing GmbH, a company active in the development and manufacture of high-precision minature ball bearings; and on the acquisition of Transcom CMS Forderungsmanagement GmbH, a company active in the fields of receivables management and, in particular, debt collection.
The Mayer Brown Team working on the transaction was led by Corporate & Securities partner Dr. Joachim J. Modlich (Düsseldorf) and included: Corporate & Securities partners Carsten Flaßhoff, Slaven Kovacevic (leader of vendor due diligence), Sabine Krause and Dr. Stefan Glasmacher (all Düsseldorf); Antitrust & Competition partner Dr. Jens Peter Schmidt (Brussels); and Employment & Benefits Group partner Jörg Salzmann (Frankfurt).