02 Mar 2022 | 03:30 pm | 1 min. read
Multinational law firm Pinsent Masons has advised Test Industry S.r.l. on the purchase of the entire issued share capital of German companies TS Testing Service GmbH and TS GiM GmbH, a group with a consolidated turnover of USD 100m.
Test Industry S.r.I, which is owned by IGI Private Equity, is a global leader in the design and production of test stands. The acquisition of TS Testing Service GmbH and TS GiM GmbH’s shares marks Test Industry S.r.I’s entrance into Germany, increasing combined sales to more than €50 million.
Pinsent Masons advised Test Industry S.r.I on all aspects of purchasing the shares from TS Group GmbH, including financial, competition, real estate and employment advice.
TS Testing Service GmbH and TS GiM GmbH are leaders in the engineering, construction, supply and commissioning of test stations for tires, rims, wheels and drive shafts.
The Pinsent Masons team was led by Dr. Nina Leonard and included Christian Lang, Dr Alexander Karst, Mark Leonard, Kathrin Brügger and Julia Stubert.
Commenting on the deal, Dr. Nina Leonard said: "We are pleased that we were able to accompany Test Industry in this exciting transaction and the important extension to the German market."
Multinational law firm Pinsent Masons has appointed financial services partner Kanyi Lui as Head of China following the implementation of a refreshed leadership structure for the firm’s Asia Pacific network.
Multinational law firm Pinsent Masons has named Claire Hughes as the head of its global real estate sector.
Multinational law firm Pinsent Masons has advised Baillie Gifford Investment Management (Europe) Limited on its recent licensing application, which was authorised by the Central Bank of Ireland in April 2022.
Multinational law firm Pinsent Masons has advised the shareholders of Fastway Couriers, including leading Irish private equity funds MML Growth Capital Partners Ireland and Woodberry Ireland Capital, on its sale to Elysian Capital.
Multinational law firm Pinsent Masons has advised Ithaca Energy on its US$1.5 billion acquisition of Siccar Point Energy from sponsors Blackstone Energy Partners and Blue Water Energy and the management team.
Multinational law firm Pinsent Masons has appointed employment partner, Neil Black, as the new head of its Manchester office.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on