Milbank Advised EQT On The Sale Of Dellner Couplers To Wabtec Corporation
Milbank advised EQT on the EUR 890 million sale of Dellner Couplers, a leading global provider of rail connection systems, to Wabtec Corporation.
Milbank advised EQT on the sale of Dellner Couplers to Wabtec Corporation
Milbank LLP advised the EQT VIII fund (“EQT”) on the sale of Dellner Couplers, a global leader in train connection systems for passenger rail, to Wabtec Corporation (NYSE: WAB). The transaction values Dellner at approximately EUR 890 million.
Founded in 1941 in Vika, Sweden, Dellner Couplers provides safety-critical components and services to rail manufacturers and operators across Europe, North America, and Asia. Its advanced product portfolio includes couplers, gangways, dampers, and aftermarket services.
The Milbank team was led by Steffen Oppenländer (Partner, Corporate/M&A, Munich), with support from Paul Buchan (Partner, Corporate/M&A, London), Alexander Rinne (Partner, Regulatory, Munich), Andrew Callaghan (Special Counsel, Tax, London), and Markus von Lutterotti, Lea-Marie Weischede, Felix Wild (Associates, Corporate/M&A, Munich), and Jan Maas (Associate, Regulatory, Munich).
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