Transfer Partners has advised the shareholder of Berlin-based BORSIG Group, the listed Malaysian KNM Group Berhad, on its sale to the Hamburg-based family office Vorsprung Holding. The purchase price amounts to approximately EUR 220 million. The transaction is still subject to the usual reservations and conditions.

BORSIG Group provides customized process solutions for applications in the chemical, petrochemical, oil and gas and power generation industries. BORSIG Group can look back on over 180 years of experience in the development and production of customized components for the process industry. With over 550 employees, the Borsig Group generated a turnover of EUR 167 million in 2020.

As an independent European boutique, family office Vorsprung combines direct investment, merchant banking and family office services to provide complementary investment solutions. The geographic focus is on Germany and Western Europe.

Transfer Partners' mandate covered the entire M&A process, including the preparation of transaction-related documents, the management of due diligence and support all negotiations until signing.