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HEUKING advised on sale of Performtec GmbH
Heuking advised the shareholders of Performtec GmbH on legal and tax aspects related to their successful exit from the company. The firm had also advised the shareholders during their initial investment in Performtec in 2018, led at the time by Dr. Rainer Herschlein.
Founded in 2002 and headquartered in Kirchheim unter Teck, Performtec GmbH specializes in the development and manufacture of professional wheel and rim washing systems. Its innovative product range, including the BIG WHEEL and Modular series, caters to car dealerships, workshops, wheel hotels, vehicle fleets, and other automotive service providers.
The company is known for its patented technologies and continuous product innovation, which have helped strengthen its market position in the vehicle care equipment sector.
The Heuking team advising Performtec GmbH included Charlotte Schmitt, LL.M. (Partner, Corporate/M&A) (Lead) and Dr. Rainer Herschlein, LL.M. (Partner, Corporate/M&A), both based in Stuttgart, along with Fabian G. Gaffron (Partner, Tax) and Simon Pommer, LL.M. (Associate, Tax), both based in Hamburg.
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