Sidley advised Stellex Capital Management LLC, a leading private equity firm, on its agreement to acquire the environmental technology business of Dürr Group, a global mechanical and plant engineering firm headquartered in Germany. The transaction includes the transfer of the Clean Technology Systems division, which specializes in air pollution control and noise filtration solutions for industrial clients worldwide.
The transaction is subject to customary closing conditions and regulatory approvals.
The cross-practice and cross-jurisdictional Sidley team was led by Private Equity partners Björn Holland and Marcus Klie and senior managing associate Jennifer Limmer. The wider team included Sarah Braun, Pan Chen, Ufuk Erdal Genc, Mario Hirsch, Andreas C. Rauch, and Nicolai M. Schwarz-Gondek (Private Equity/M&A); Patrick J. Harrison and Iva S. Todorova (Antitrust and Competition); Clive Gringras and Fatima Butt (Commercial Litigation and Disputes); Sven De Knop, Carys Golesworthy, Andrew W. Shoyer, and Howard J. Stanislawski (Global Arbitration, Trade and Advocacy); Markus Feil and Louise Freund (Global Finance); Francesca Blythe (Privacy and Cybersecurity); and Jörg Fischer and Jonathan M. Westreich (Tax).
