Mayer Brown advises INDUS on sale of SCHÄFER Group to Callista Portfolio Holding

Mayer Brown advised the listed INDUS Holding AG on the sale of 100% of its shares in the SCHÄFER Group to an investment vehicle of Callista Portfolio Holding GmbH, Munich. The Callista Group specializes in the acquisition of industrial companies with development potential. The parties agreed not to disclose the details of the contract.

With around 170 employees in their locations of Germany and China, the SCHÄFER Group produces complex, high-precision models and test gauges, particularly for the automotive and aerospace industries. In 2022 the company generated annual sales of a considerable EUR 16 million. The group compromised of SCHÄFER GmbH & Co. KG headquartered in Osnabrück, D.M.S. GmbH Design Modell-Studien headquartered in Munich, KSG Asia Limited, HongKong, along with shares in KSG Automotive Shanghai.

INDUS Holding AG, a medium-sized investment company, has a portfolio in the range of 44 companies. The sector focus includes: construction/infrastructure, mechanical and plant engineering, medical/health technology, and metal technology. Mayer Brown most recently advised INDUS Holding AG on the transaction of the WIESAUPLAST Group in 2021.

The Mayer Brown team was led by Corporate & Securities Partner Carsten Flaßhoff, LL.M. (Düsseldorf) with a wider team including: Tax Counsel Dr. Thomas Dieker (Frankfurt am Main), Corporate & Securities Associate Wolfgang Löffler, LL.M. (Düsseldorf) and Corporate & Securities Associate Joey C. Y. Lee (Hong Kong).