Tag: William
William Blair and BDA Advise STS on Its Sale to Adler Pelzer Group
BDA is pleased to announce that Mutares SE & Co. KGaA (“Mutares”), a listed private equity holding company, has successfully completed the sale of its 73.25% stake in STS Group AG (“STS”). STS develops, manufactures and supplies interior & exterior components made of plastics or composite materials to the commercial vehicle industry in Germany and internationally. The sale of the group included business operations of Plastics and Materials in Europe, China, and the US. Adler Pelzer Group had purchased the Acoustics Division of STS in 2020. The company will become part of the Adler Pelzer Plastics division in the future. ... Read more