22. December 2022

Grundig Business Systems GmbH (GBS), with the support of its shareholders VR Equitypartner and INDUC, acquires 100 percent of the shares in Elektron Systeme from Weißenohe/Germany. The law firm ARQIS advised GBS on this transaction.

With the acquisition of Elektron Systeme, GBS strengthens its positioning in the field of electronic assembly and systems (EMS) manufacturing. Founded in 2009, Elektron Systeme is a certified EMS service provider. The group consists of Elektron Systeme und Komponenten GmbH & Co. KG and its sister company ib prozessleittechnik GmbH & Co. KG. As a one-stop-shop rooted in the region and a full-service partner for leading OEMs in medical technology and industry, Elektron Systeme manufactures complete electronic assemblies and device units.

The seller is the founder and previous sole shareholder of Elektron Systeme, Frank Streit, who will act as a consultant after the transaction. Operational management will remain in the hands of the current management team: Michael Walter (commercial management) and Harald Weiß (technical management).

Grundig Business Systems GmbH (GBS) is a medium-sized production and service company based in Bayreuth/Germany. VR Equitypartner, together with its subsidiary VR Equity Gesellschaft für regionale Entwicklung in Bayern mbH, had acquired a minority stake in GBS from INDUC in 2016.

Advisor Grundig Business Systems GmbH

ARQIS (Dusseldorf/Munich): Dr. Lars Laeger (Lead; Corporate/M&A), Tobias Neufeld (Data Law), Dr. Friedrich Gebert (Public & Regulatory Law), Johannes Landry (Financing), Dr. Ulrich Lienhard (Real Estate), Lisa-Marie Niklas (Labour Law); Counsel: Thomas Chwalek (Corporate/M&A), Jens Knipping (Tax), Sina Janke (Compliance); Special Counsel: Anja Markworth (Labour Law); Managing Associates: Dr. Nima Hanifi-Atashgah (Corporate/M&A), Nora Meyer-Stratmann (IP), Dr. Maximilian Koch, Martin Weingärtner (both: Labour Law); Associates: Dr. Maximilian Backhaus (Corporate/M&A), Tim Bresemann (Real Estate), Jasmin Stuckenbrock (Corporate/M&A), Daniel Schlemann (Data Law), Hannah Düwel, Luise Schüling (both: Public Law), Carsten Sporrer, Rolf Tichy (both: IP); Legal Specialists: Hannah Potter (Corporate/M&A)