METIS Rechtsanwälte LLP has advised the shareholders of Karnasch Professional Tools GmbH, a leading supplier of high performance tools, on the sale of the company to Irish based ATA Group.
Karnasch is a third-generation, family-owned company selling precision industrial tools, including for grinding, milling, cutting, sawing and drilling. It supplies a number of industry sectors including automotive, aerospace, construction and mechanical engineering, and exports to more than 60 countries. Headquartered in Cavan, Ireland, ATA is a leading international manufacturer of precision tools with locations in Ireland, the United Kingdom and the United States.
The METIS team consisted of Dr. Felix Dette, Dr. Lars Friske (joint transaction lead), Bettine Jankowski, Svenja Steinitz (Corporate/M&A), Dr. Daniel Benkert, Jasmin Zriki, Lena Fersch (Employment Law) and Bernhard Maluch (Real Estate). ATA was advised by Luther Rechtsanwaltsgesellschaft mbH.