Crowe advises Dastex Group on majority stake in CRTM
Dastex Group GmbH (Dastex), a portfolio company of The Riverside Company (Riverside), the investment firm specializing in mid-market growth companies, has acquired CRTM, a German distributor of cleanroom consumables and equipment.
The investment is the fourth add-on acquisition for portfolio company Dastex, a distributor specializing in cleanroom garments and consumables in Europe. CRTM was founded in 1995 and mainly supplies customers in Germany, Austria and Switzerland with products such as swabs, wipes, gloves and other cleanroom products. Headquartered in Munich, the company maintains close relationships with customers in the medical technology and optical industries, but also supplies the pharmaceutical, semiconductor and aerospace industries.
The Crowe BPG team (crowe-bpg.de), which was responsible for the financial due diligence and economic advice, consisted of Andreas Hoffmann, WP and Partner (overall management), Alexander Schneider, Senior Manager (Financial) and Henry Miller, Associate (Financial). The tax due diligence and tax advice was provided by Crowe Kleeberg (kleeberg.de) from Munich. The tax team included Dr. Lars Lüdemann, StB and responsible partner, and Arzum Esterhammer, StB and manager.
Source: Deal Advisors by Majunke
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