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Nexia Ebner Stolz

The Firm

Ebner Stolz accompanies merger of CLOOS and Estun

  • CLOOS pur­sues stra­te­gic expan­sion of its wel­ding and robotics solu­ti­ons
  • With the acqui­si­tion, Estun wants to become one of the world's lea­ding robotics com­pa­nies
  • Ebner Stolz advi­ses CLOOS on finan­cial and tax issues

Bonn/Sie­gen, 28th August 2019 - Toge­ther with China Renais­sance Capi­tal Invest­ments (CRCI), Estun Auto­ma­tion Co. Ltd. (Estun) acqui­res CLOOS Group (CLOOS). Ebner Stolz advi­sed the share­hol­ders of CLOOS on the finan­cial and tax aspects of the sale. The tran­sac­tion is sub­ject to the appro­val of the rele­vant aut­ho­ri­ties.

With 750 emp­loyees, CLOOS is one of the lea­ding com­pa­nies in wel­ding tech­no­logy. For the con­struc­tion machi­nery, rail vehi­cle, energy and auto­mo­tive indu­s­tries, CLOOS offers world­wide pro­duc­tion solu­ti­ons in wel­ding and robotics tech­no­logy. The tran­sac­tion secu­res CLOOS a strong posi­tion in China, the world's lar­gest and fas­test-gro­wing robotics mar­ket, with the aim to furt­her deve­lop the broad port­fo­lio and secure sus­tainable growth. The head­quar­ters of the CLOOS Group will remain in Hai­ger (Hes­sen) as well as the cur­rent mana­ge­ment team, the work­force and the for­eign sub­si­dia­ries will remain unchan­ged.

Estun is one of the lea­ding sup­p­liers of drive sys­tems and indu­s­trial robotics in China. The acqui­si­tion of CLOOS, with the parti­ci­pa­tion of the renow­ned pri­vate equity com­pany CRCI, enab­les Estun to pur­sue its vision of beco­ming a world lea­der in robotics.

Ebner Stolz advi­sed the share­hol­ders of CLOOS com­pre­hen­si­vely on the tran­sac­tion and sup­por­ted the mer­ger with Estun in finan­cial and tax mat­ters.

As part of the tran­sac­tion, a team from the Frank­furt law firm Tay­lor Wes­sing hea­ded by Has­san Sohbi pro­vi­ded CLOOS’ share­hol­ders with legal sup­port.

Ebner Stolz team: Tors­ten Jan­ßen (Pro­ject lea­ding Part­ner M&A, Lead Tran­sac­tion Advi­sory), Claus Buh­mann, Moritz Tack and Alex­an­der Sim­bür­ger (all Finan­cial Fact Book) as well as Sabine Hol­trup, And­reas Hen­sel and Sabrina Seid­ler (all Tax Fact Book)

Press Con­tact

Ulrike Höreth
Ebner Stolz
Kro­nen­straße 30
70174 Stutt­gart
Tel.  +49 711 2049-1371
ulrike.hoe­re­th@eb­ner­stolz.de

Cor­­po­­rate Con­tact

Tors­ten Jan­ßen
Ebner Stolz
Joseph-Schum­pe­ter-Allee 25
53227 Bonn
Tel.  +49 228 85029-212
tors­ten.jans­sen@e­b­­ner­­stolz.de

About Ebner Stolz

Ebner Stolz is one of the lar­­gest inde­pen­­dent mid-sized MDP firms in Ger­­many and is among the Top Ten in the sec­­tor. The firm has deca­­des of in-depth expe­ri­ence in audi­­ting, tax advice, legal advice, and cor­­po­­rate con­­su­l­­ting. More than 1,500 emp­­loyees in all major Ger­­man cities and busi­­ness cen­­ters offer a broad range of ser­vices based on a multi-dis­­ci­p­­li­nary approach. Ebner Stolz pre­do­­mi­n­antly advi­­ses medium-sized indu­s­­trial enter­pri­­ses as well as trade and ser­vice com­pa­­nies of all sizes and indu­s­­tries.

Cross-bor­­der audi­­ting and con­­su­l­­ting assig­n­­ments are car­ried out with par­t­­ners of Nexia Inter­na­­ti­o­­nal, one of the world’s top ten net­works of inde­pen­­dent con­­su­l­­ting and audi­­ting firms. With more than 700 Nexia offices worl­d­wide Ebner Stolz is pre­­sent in more than 120 coun­­tries.

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