Cadenberg advises the shareholder of Hermann Pipersberg jr. GmbH on sale to EMZ

Cadenberg has advised a shareholder of Hermann Pipersberg jr. GmbH, a provider of measurement and control devices in the gas and water sector, on the succession planning and sale to the investment company EMZ Partners. With the acquisition, EMZ expands its commitment in the German-speaking region with a profitable market leader.

As a leading full-service partner for the utility industry, PIPERSBERG is one of the market leaders for measuring and control equipment in the gas and water sector. The long-established company, founded in 1843 and based in Remscheid, manufactures gas and water meters and offers a comprehensive range of services from maintenance to in-house logistics. The product portfolio includes gas meters, gas control devices, water meters and bulk water meters. With a combination of its own and purchased solutions, the company offers digitalised end-to-end services, including the remote reading (“smart meter gateway”) of meter data. In this way, Pipersberg is significantly advancing digitalisation in the gas and water meter market.

EMZ Partners is a leading European private equity firm with a focus on investments alongside founders, family shareholders and managers. From its current fund with a volume of over 1.0 billion euros, EMZ makes investments of between 10 and 150 million euros.

The Cadenberg team consisting of Dr. Christian Kühner (Law/Tax) and Matthias Lofi (Tax) advised the shareholder during a structured M&A process and supported the negotiation and successful closing of the transaction.