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Latham & Watkins Advises Perusa on the Sale of SCHROTH Safety Products

August 3, 2022
Firm represents the private equity fund, Perusa Partners Fund 2, L.P. on the sale of all shares held by it and other co-investors in SSP International GmbH and SSP Management GmbH.

Latham & Watkins LLP has advised the private equity fund, Perusa Partners Fund 2, L.P. (Perusa) on the sale of all shares held by it and other co-investors in SSP International GmbH and SSP Management GmbH (together SCHROTH) to Loar Group Inc., a leading platform of companies specializing in the design and manufacture of aerospace and defense components. SCHROTH with its engineering and manufacturing sites in Arnsberg, Germany, and Fort Lauderdale, FL, USA, is a global leader in the development and manufacturing of occupant protection systems for applications in aerospace, defense, and motorsports.

The Latham team was led by Frankfurt partner Sebastian Pauls, with associate Dominik Waldvogel. Advice was also provided on corporate matters by Frankfurt partner Susanne Decker, with associates Ku-Hyun Baek and Michele Maurice Stephan, and legal analyst Franziska Ernst; on finance matters by Munich counsel Ludwig Zesch, with Frankfurt associates Anastasia Dressler and Luca Brandi; on tax matters by Munich counsel Ulf Kieker; on antitrust and FDI matters by Frankfurt partner Max Hauser, with Hamburg counsel Jana Dammann de Chapto; on IP matters by Frankfurt associate Pia Sösemann; and on regulatory matters by Frankfurt counsel Joachim Grittmann.