Pestalozzi advised RUAG International on the sale of the Aerostructures Germany & Hungary Unit
RUAG International has entered into an agreement with Mubea Group pursuant to which Mubea Group will acquire the Aerostructures Germany & Hungary unit from RUAG International. Over several decades, RUAG Aerostructures Germany & Hungary, exclusive supplier to Airbus for the A320 family, has positioned itself as a technology leader in the aerostructures market. Family-owned Mubea Group will take over all business activities including the approximately 1,000 employees. Closing of the transaction is subject to regulatory approvals.
Pestalozzi advised RUAG as lead counsel on all legal aspects of the transaction.