Comer Industries S.p.A. completed the acquisition of Walterscheid Powertrain Group from OEP Capital Advisors, L.P.
The transaction is subject to approval of antitrust authorities, relevant authorities pursuant to foreign direct investment legislation, Comer shareholders' meeting approval and other customary closing conditions. The transaction is approved by the shareholders of Comer. The transaction is expected to close in the fourth quarter. Crédit Agricole Corporate and Investment Bank S.A. acted as financial advisor, NCTM Studio Legale Associato and Studio Biscozzi Nobili acted as legal advisors, PricewaterhouseCoopers LLP acted as due diligence provider to Comer Industries. Freshfields Bruckhaus Deringer LLP acted as legal advisor to OEP. Alantra acted as financial advisor for Comer. Christian von Wistinghausen, Tassilo Klesen, Patrick A. Hübner, Lelu Li, Olga Prokopyeva, Klaus Kemen, Robin Maletz, Katrin Lüdtke, Michael Ziegler, Petra Fendt, Christoph Heinrich, Cathleen Laitenberger, Uwe Wellmann, Susanne Klein, Nicole Hirschvogel, Julia Alexandra Schütte, Christian Freiherr von Buddenbrock, Julia Meler Beiten Burkhardt Rechtsanwaltsgesellschaft mbH acted as a legal advisor to Comer Industries S.p.A.
Comer Industries S.p.A. (BIT:COM) completed the acquisition of Walterscheid Powertrain Group from OEP Capital Advisors, L.P. on December 1, 2021.