Simpson Technologies (Deutschland) GmbH acquired Webac Gesellschaft für Maschinenbau mbH from Webac Holding AG (DB:RKB) on July 31, 2018. The acquisition also includes Webac Maskin AB and Webac s.r.o., subsidiaries of Webac Gesellschaft Fur Maschinenbau Mbh. Webac Gesellschaft für Maschinenbau mbH reported turnover of €6.3 million for the year 2017. Webac Holding AG will primarily use the proceeds from the disposal to reduce the net indebtedness. Michaela Balke, Stefan Zeyher, Andreas Herr, Steffen Henn and Yvonne Schmid of Schilling, Zutt & Anschutz acted as legal advisors for Webac Holding AG. Matthias Krämer and Katrin Gäbler of GGV acted as legal advisors for Simpson Technologies Corporation, whereas Till Liebau, Daniel Zimmer, Jérôme Friedrich, Anja Dombrowsky, Andreas Kopp and Simon Spangler of Oppenhoff & Partner Rechtsanwälte acted as legal advisors for Simpson Technologies, parent company of Simpson Technologies (Deutschland) GmbH. Simpson Technologies (Deutschland) GmbH completed the acquisition of Webac Gesellschaft für Maschinenbau mbH from Webac Holding AG (DB:RKB) on July 31, 2018