Transaction

Clearwater advises the shareholders of ELH Eisenbahnlaufwerke Halle on sale to G&S Rail Investments

Transaction

ELH Eisenbahnlaufwerke Halle GmbH & Co. KG sold to G&S Rail Investments GmbH

Sell-side

Undisclosed

Role

Adviser to ELH Eisenbahnlaufwerke Halle GmbH & Co. KG on its sale to G&S Rail Investments GmbH

Sector

Industrial & Chemicals

Region

Germany

Clearwater acted as sole financial adviser to the shareholders of ELH Eisenbahnlaufwerke Halle GmbH & Co. KG on the sale of 100% of its shares to G&S Rail Investments GmbH, Switzerland, owned by Andreas Goer, the major shareholder of AAE Holding AG.

The acquired business is one of the largest European producers of bogies for railway freight cars. With approximately 130 employees, the business generated sales of around €40m in 2007.

Passenger rail carriage

Advisers

Transactions