Baker Tilly advises Autoquip on acquisition of J.A. Becker & Söhne

Baker Tilly provides Autoquip Corp. with business, tax and legal advice on the acquisition of J.A. Becker & Söhne GmbH & Co. KG, a global supplier of compressor and lifting technology.

The transaction advice provided by the interdisciplinary Baker Tilly team comprised financial, legal and tax due diligence, M&A advice including process management and the preparation of the transaction documents, including comprehensive support during the negotiations. The parties have agreed not to disclose the purchase price. “We are glad that we were able to support Autoquip in this strategically important step of development and expansion into the European market,” commented Baker Tilly partner and tax advisor Uwe Roth on the successful project.

J.A. Becker & Söhne is a specialized medium-sized supplier of heavy-duty lifting technology as well as industrial medium and high-pressure compressors. With the acquisition, Autoquip is further pursuing its strategy of tapping into new markets complementary to its existing portfolio with the overarching objective of supporting companies in achieving their sustainability goals through comprehensive solutions. Since its formation in 1947, Autoquip has been one of the global market leaders in the field of material handling systems in a wide variety of sectors. “We see interesting growth prospects for both product areas over the next years, and not just for the European market,” says Baker Tilly partner Sebastian Hafner

The transaction team around the Munich partners Stephan Zuber, attorney-at-law (Lead Partner Legal, Corporate/M&A), Sebastian Hafner (Lead Partner Financial), Uwe Roth, tax advisor (Lead Partner Tax), comprised Dr. Raphael Suh, Daniela Stephan, Jinhoon Jeong (all Corporate/M&A), Thomas Böhm, Till Werner (all Corporate/Real Estate, Marco Stahn (Labor Law) as well as Gabriele Heise (Public Law), Felix Burghart and Anna Wuschick (both Financial) and Stefan Lehner, tax advisor (SPA, Structuring and Tax Due Diligence), Markus Cullefors, attorney-at-law (Tax Due Diligence), and Melina Heindl, tax advisor (Tax Due Diligence, Structuring).

“We congratulate Autoquip on this far-sighted acquisition and would like to express our sincere thanks for the trust placed in us and the exquisite cooperation. Thank you to the entire Autoquip team around Chris Kuehni, Don Tomes and Collin Prock as well as the J.A. Becker team around Alexander Kraus,” says Baker Tilly partner Stephan Zuber, attorney-at-law.

About J.A. Becker & Söhne
J.A. Becker & Söhne has been a renowned partner to industry and trade for more than 125 years. With 120 employees, the company today offers its customers state-of-the-art solutions in the fields of compressor and lifting technology. The product range includes oil-lubricated piston compressors from 20 to 500 bar for air and various gases as well as the entire field of compressed air treatment. The focus of the lifting technology product area is on hydraulic repair and maintenance lifts for cars, trucks and rail vehicles as well as the development of customized solutions. The flexibility of a medium-sized company combined with high quality standards, customer-oriented planning, development, production and a complete range of services make J.A. Becker & Söhne a competent partner for a wide range of users worldwide.
 

News overview