Frankfurt/Main, July 11, 2007—CVC Capital Partners, a leading international private equity company, has signed an agreement with Industri Kapital, a European private equity company, regarding the acquisition of DYWIDAG-Systems International (DSI). Shearman & Sterling advised CVC Capital Partners on this transaction.

The transaction is subject to customary antitrust approvals.

The DSI group is the global market leader in the development, manufacture and supply of post-tensioning and geotechnical systems to the construction and mining industries. Headquartered in Aschheim near Munich, DSI has approximately 1.900 employees at over 70 locations globally. Industri Kapital had acquired DSI in 2005 from insolvent Walter Bau AG.

The Shearman & Sterling team advising CVC Capital Partners on the transaction includes partners Dr. Thomas König, Dr. Andrea Eggenstein, Dr. Esther Jansen (all M&A/Corporate, Frankfurt) and Dr. Hans Jürgen Meyer-Lindemann (Antitrust, Düsseldorf) as well as inter alia associates Alexander Schiel (M&A/Corporate, Frankfurt), Sara Haskamp (M&A, New York), Mickael Goupil (M&A, Paris) and Katharina Steinbrück (Labour Law, Mannheim).