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Submit Deal

Announced

2 Jul 2021

TUV SUD to acquire PROSE Group's testing division.

Synopsis

TUV SUD, a provider of safety, security and sustainability solutions, agreed to acquire the testing division of PROSE Group, a mobility solutions provider. Financial terms were not disclosed.

Principals

target

Prose Group (testing Division)

bidder

Tuv Sud Group

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Market Context

Dealmakers (13)

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Uwe Ronsch

ManagerHead of Rolling Stock Test Centre at TUV SUD GROUP

Thomas Oberst

ManagerMedia Contact at TUV SUD GROUP

Stefan Bauer

ManagerCEO at TUV SUD GROUP

Hermann Ali Hinderer

LawyerPartner at Heuking Kuhn Luer Wojtek

Christopher Hexel

LawyerPartner at Heuking Kuhn Luer Wojtek

Eric Chris Baumgartner

LawyerHeuking Kuhn Luer Wojtek

Marcel Behrendt

LawyerAssociate at Heuking Kuhn Luer Wojtek

Marcel Hostettler

LawyerPartner at Heuking Kuhn Luer Wojtek

Fabian G. Gaffron

LawyerPartner at Heuking Kuhn Luer Wojtek

Jochen Helmlinger

ManagerCEO at PROSE GROUP

Dominik Eickemeier

LawyerPartner at Heuking Kuhn Luer Wojtek

Svea Kunz

LawyerAssociate at Heuking Kuhn Luer Wojtek

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