Shearman & Sterling advised Andlinger & Company GmbH on the acquisition of HEW-Kabel GmbH, SiC Compund GmbH and VEGA Immobilien GmbH (HEW-KABEL Group) from the Flohr Family. The transaction closed on August 6, 2019.
HEW-KABEL is an international, proprietor-managed manufacturer of special cables, headquartered in Wipperfürth (near Cologne, Germany). For more than 50 years, the company has developed and produced customized special cables for all industrial segments.
Andlinger & Company GmbH, headquartered in Vienna, Austria, is a private investment and management firm focused for many years now on acquiring businesses with growth potential and building enduring profitability together with private investors.