Pinsent Masons drives €144m STS Group IPO

12 Jun 2018 | 08:00 am | 1 min. read

International law firm Pinsent Masons has advised STS Group AG on its admission to the Frankfurt Stock Exchange (Prime Standard) in a deal valuing the business at €144m.

STS Group AG is one of the world's leading suppliers of interior and exterior parts for commercial vehicles. Its components are found in vehicles produced by leading commercial vehicle manufacturers and major international automobile manufacturers (OEMs) as Volvo Trucks, Daimler Trucks, Scania, IVECO, and FCA.

The business employs more than 2,500 employees worldwide and revenues of c.€425 million in 2017. The funds generated through the IPO are expected to be used for further expansion into China and North America.

Pinsent Masons has now acted on three of the ten IPOs to have taken place on the Frankfurt Stock Exchange this year. In February the firm advised Stemmer Imaging AG on its floatation, followed by the IPO of Cyan AG a month later. 

The Pinsent Masons team was led by Dr. Alexander Thomas, (Federführung, Partner, Kapitalmarktrecht) and comprised Natalie Stark (Associate, Kapitalmarktrecht), Linda Wüllner (Associate, Kapitalmarktrecht), Leif Herzog, LL.M. (Associate, Corporate/M&A); Dr. Sebastian Jördening (Associate, Corporate/M&A).

Dr. Thomas says:

“We are delighted to have been entrusted with this important transaction by STS Group AG. We have now completed three significant IPOs in Germany in less than six months which is a record we are very proud of.”

Earlier this year Pinsent Masons further-enhanced its German Corporate practice with the appointment of Dr. Thomas Peschke as Partner from KPMG Law.

McDermott Will & Emery acted as underwriters' counsel to the banks.

Noerr advised mutares AG as Corporate Counsel on stock corporation and capital market law and also accompanied the capital measures on the level of STS Group AG.

Key Contacts

Latest press releases

Show me all press releases

Pinsent Masons advises Condeco Group on major acquisition to transform workplace management

Multinational law firm Pinsent Masons has advised Condeco Group on its acquisition of ProxyClick SA, the leading global provider of enterprise visitor management software.

Pinsent Masons advises Suffolk Council on its public-private partnership to deliver £700m social development and housing projects

Multinational law firm Pinsent Masons has advised Suffolk Council on its proposed public-private alliance with Lovell Partnership to deliver nearly 3,000 much-needed homes across the region.

Pinsent Masons advises on €1 billion variable annuity policies transfer

Multinational law firm Pinsent Masons Irish corporate insurance team has advised Athora Ireland plc (Athora) on its transfer of a book of variable annuity policies to Monument Life Insurance DAC, with assets under management valued at nearly €1 billion for circa 13,000 customers.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises on €1 billion variable annuity policies transfer

Multinational law firm Pinsent Masons Irish corporate insurance team has advised Athora Ireland plc (Athora) on its transfer of a book of variable annuity policies to Monument Life Insurance DAC, with assets under management valued at nearly €1 billion for circa 13,000 customers.

Grant Thornton and Pinsent Masons collaborate to support effective data sharing across financial services

Leading business and financial adviser Grant Thornton UK LLP and multinational law firm Pinsent Masons have joined forces to support firms with how they can share data safely, efficiently and effectively across financial services in a push to enable open finance.

Pinsent Masons appointed to AIG’s UK and EMEA Corporate legal panels

Multinational law firm Pinsent Masons has been appointed to insurance giant AIG’s UK and EMEA Corporate legal panels with a broad remit to provide advice on a full range of legal services.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts