Lawyers Cooperation News

Lawyers Cooperation members Glimstedt and LHP Rechtsanwälte have teamed up to assist Von Arx Sweden AB in the acquisition of German company Impacts GmbH.

The deal sees Von Arx acquire all the shares of Impacts, a global leader in shotblasting and other surface preparation equipment.

Impacts, based outside Cologne, and Von Arx were able to draw on the expertise and close-working of the LHP (Germany, Cologne) and Glimstedt (Sweden) teams. 

The Glimstedt team consisted of Michael Lettius (LC Board member) and Carin Lettius. The LHP team consisted of Lars Kelterborn (LC Board member) and Jan Rehorst.

The deal, negotiated throughout 2023, closed on Jan 3 2024 before a notary in Cologne.

Owner/CEO of Von Arx Frederik Akermark said: "By acquiring IMPACTS, we widen our product portfolio, reinforce our presence in the surface preparation market and are able to create a home market in Germany for both IMPACTS and VonArx branded products."

In 2018 Von Arx was acquired from the US corporate group Emerson with the assistance of LC members Glimstedt and Lutz Partner Rechtsanwälte, Switzerland.

Since then Von Arx has more than doubled its turnover and enhanced its product portfolio. Through the acquisition of Impacts, Von Arx reinforces its already strong position on the market.

Press release for more info