MUNICH – Global law firm Reed Smith led by corporate partner Constantin Conrads has advised Aussafer Due, an Italian high-tech metalworking company backed by 21 Invest, an Italian private equity investor founded by Alessandro Benetton, on the German law aspects of the acquisition of a majority stake in the German peer Hailtec along with Cappelli RCCD.

Italy-based Aussafer is an international leader in metalworking using high-technology processes. Since December 2020 it has been in European investment group 21 Invest's portfolio.

Hailtec, founded and based near Stuttgart, Germany, is a leading company in the niche of high precision metalworking, specialising in prototyping electric motors, micro-precision mechanics, and in the medical sector.

The Reed Smith team advising Aussafer on all German legal aspects of the transaction, including tax, real estate, employment law, antitrust, IP, and technology, was led by Munich corporate partner Constantin Conrads. He was supported by partners Dr. Martin Bünning, Dr. Michaela Westrup, Dr. Etienne Richthammer, Dr. René Lochmann and Dr. Andreas Splittgerberm and associates Katrin Gerceker, Max von Döhren, Christian Schnurrer, Sylvia Reinhart, Florian Schwind, and Philipp Bergmann.

Conrads said: “We are delighted to have advised Aussafer on this significant and strategic transaction that will support the growth of the group alongside our colleagues from Cappelli RCCD, led by Roberto Cappelli and Stefania Rossini.”