Pfisterer Holding AG is a leading independent manufacturer of cable and overhead line accessories for sensitive interfaces in energy networks. Pfisterer Holding AG is now one of the few suppliers worldwide that can virtually cover the entire supply chain for contact and isolation systems; form energy generation to energy distribution from a single course. The acquired company is the thirdlargest supplier of high voltage insulators in the world. Its porcelain and composite products are used in high voltage and railway grids, switchgear and power equipment in over 70 countries.
The transaction was led by the German law firm Heymann & Partner and was closed on 2 October 2015. The Wolf Theiss offices conducted a due diligence process on the Polish and Romanian subsidiaries of Lapp Insulators, located in Jedlina (Poland) and Turda (Romania). The Wolf Theiss Prague and Kiev offices also provided advice on certain Czech and Ukrainian legal aspects in relation to this transaction. In addition to conducting a legal due diligence in the jurisdictions mentioned above, Wolf Theiss assisted the client with various aspects of the SPA negotiations and anti-trust issues.
Marcin Aslanowicz led the Wolf Theiss Warsaw team, which included Karolina Lapiak and Anna Dobosz. The Wolf Theiss Bucharest team, which included Diana Stetiu and Rodica Stamate, was lead by partners Ileana Glodeanu and Bryan Jardine. Other Wolf Theiss lawyers involved were Taras Dumych, Sergii Zheka and Mykhailo Razuvaiev from Kiev and Tomas Rychly and Radek Kraus from Prague.