A Düsseldorf-based Deloitte Legal team led by Dr. Michael von Rüden (Partner) and Thilo Hoffmann (Partner, both Corporate/M&A, Düsseldorf) has advised the shareholders of Dila Group on the sale of a majority stake to Palo Capital.
The Dila Group is Austria's leading full-service provider of aluminum renovation systems for wooden windows, doors and conservatories. Founded in 2005, the group of companies has built up an excellent reputation in the industry thanks to its many years of experience and their expertise and has over 12,000 customers in Austria and southern Germany.
Palo Capital is an investment company that, unlike venture capital or private equity funds, only invests its partners' own capital. The focus of the investments is on service companies, primarily companies from the insurance, finance, IT, business services and outsourcing sectors.
Deloitte Legal, together with an Austrian law firm, provided comprehensive legal advice to the shareholders in connection with the transaction.
Deloitte Legal advises the sellers:
Deloitte Legal Germany: Dr. Michael von Rüden (lead, partner), Thilo Hoffmann (lead, partner, both corporate/M&A, both Düsseldorf)