Post by Willkie Farr & Gallagher LLP Germany

Willkie Farr & Gallagher LLP advises HOERBIGER Holding AG on the acquisition of the PI (Physik Instrumente) Group from its shareholders. Founded in 1970 and headquartered in Karlsruhe, Germany, PI Group is globally renowned for its high‑precision motion and positioning solutions, including piezoelectric drives, linear actuators, rotary tables and multi‑axis systems. PI’s technologies are performance‑defining in industries such as semiconductor manufacturing, photonics, microscopy, metrology and medical devices. The company operates globally with nine production sites across Europe, North America and Asia, as well as 16 sales and service subsidiaries. PI Group’s global operations, comprising approximately 1,900 employees, will form the new “Positioning” division within the HOERBIGER portfolio. PI will remain a standalone operating unit, retaining its name, brand and global market presence. HOERBIGER Holding AG is a global technology group specializing in performance-enhancing components for industry. The company is owned by the HOERBIGER Foundation and pursues a strategy of profitable growth, with the acquisition of PI marking another milestone in the company's development. The distinction of this transaction was that no investment banks were mandated on either the buyer's or the seller's side. In-house, the transaction was handled and lead by the General Counsel of the HOERBIGER Group, Michael Stelzel, MSc, MA, CSE. In addition, Jan Hollenthoner and Michael Kullmann accompanied legal aspects of the transaction in-house. The transaction was led by Dr. Maximilian Schwab, Christian Sperling (both Corporate/PE, Frankfurt) and Dr. Bettina Bokeloh (Tax, Frankfurt). The Willkie team included partners Georg Weidenbach (Antitrust, Frankfurt), Dr. Richard W. Roeder (Compliance), Anne Kleffmann (Employment Law, both Munich), Sarah B. Wong (Corporate/PE, New York City), Ryan Giggs (Corporate/PE, Houston), Christopher Peters (Tax, New York City), Britt Mosman (Global Trade & Investments, Washington), Counsel Sebastian Brenner (Corporate/PE), Henning Aufderhaar, LL.M. (Real Estate), Jan Vollkammer (Antitrust, all Frankfurt), Maximilian Mayer (Finance, Munich), and Associates Dr. Patrick Kemper, Nicolas Kersten, Jonas Volk, LL.M., Leota Walter, Luca Fuhrmann (all Corporate/PE, Frankfurt), Michael Wiesner, Dr. Zeno Wirtz (both Corporate/PE, Munich), Sascha Winkler (Employment Law), Dr. Philipp Steinhausen (Finance), Andreas Mildner, Tom Piepenbrock (Antitrust, all Frankfurt), Dr. Maximilian F. Schlutz (Compliance), Dr. Laurin Havlik (Antitrust, both Munich), Katherine Lubrano (Corporate/PE, Dallas), Leiying Peng (Corporate/PE, Houston), Ahmad El-Gamal (Global Trade & Investments, Washington) and Yannis Yuen (Litigation, London).