Milbank Advised EQT VIII On Sale Of Dellner Couplers

Milbank Advised EQT VIII On Sale Of Dellner Couplers

The deal was worth EUR 890 million

Milbank LLP has advised the EQT VIII fund to sell Dellner Couplers, a leading global provider of train connection systems for passenger rail, to Wabtec Corporation.

Dellner provides safety-critical components and services to rail manufacturers and operators worldwide.

Founded in 1941 in Vika, Sweden, the company has grown from a family-owned business to one of the most trusted partners of the global rail industry, having a presence in Europe, North America and Asia.

The transaction was worth EUR 890 million.

Its advanced product portfolio includes couplers, gangways, dampers, and aftermarket services, supporting reliable and efficient rail transportation.

The Milbank team was led by Partner Steffen Oppenländer (Corporate/M&A, Munich) and Included Partners Paul Buchan (Corporate/M&A, London), Alexander Rinne (Regulatory, Munich), special Counsel Andrew Callaghan (Tax, London) and Associates Markus von Lutterotti, Lea-Marie Weischede, Felix Wild (all Corporate/M&A, Munich), and Jan Maas (Regulatory, Munich).