Rödl Advises uvex on Majority Stake by Warburg Pincus

A specialized transaction team provided comprehensive support to uvex throughout the entire planning, structuring, and implementation process. Overall project management and tax structuring advice were handled by Partner Dr. Isabel Bauernschmitt, who has actively supported uvex for many years. The Tax Vendor due diligence was led by Partner Florian Kaiser, who headed the international M&A Tax Team. The Transaction & Valuation Services Team, led by Partner Cyril Prengel, was responsible for financial and valuation-related issues.

The private equity investor Warburg Pincus has acquired a majority stake in uvex. The owner families Winter and Grau retain a significant minority stake. With Warburg Pincus as a partner, uvex aims to strengthen its global market presence, strategically develop its premium product portfolio, and open up new service lines. The closing of the transaction is still subject to regulatory approvals.

About uvex

The uvex group unites four companies under one roof: the uvex safety group (uvex safety, HexArmor, laservision, and Heckel), the uvex sports group (uvex sports, ALPINA, and Hiplok), the Filtral group (Filtral and Primetta), and the UD2C Group for direct-to-consumer online business. The uvex group is represented by 49 subsidiaries in 23 countries and produces in its own factories. 60 percent of its more than 3,000 employees (as of fiscal year 2023/24) are employed in Germany. uvex is a global partner in international elite sports, equipping countless top athletes. The guiding principle “protecting people” is both a mission and a commitment. To this end, the uvex group develops, produces, and distributes products and services for human safety and protection in professional, sports, and leisure areas.

About Warburg Pincus

Warburg Pincus LLC is a pioneer in global growth investments in private equity. The company has existed as a partnership since 1966 and has extensive experience in supporting investors and management teams across market cycles. The company currently manages more than $87 billion and has over 220 companies in its portfolio across various stages, sectors, and regions. Since its inception, Warburg Pincus has invested in more than 1,000 companies through its private equity, real estate, and capital solutions strategies.

Advisors to uvex

RÖDL

Tax

Rödl Germany

• Dr. Isabel Bauernschmitt, Partner, Nuremberg – Overall Project Lead
• Florian Kaiser, Partner, Nuremberg – Head of Tax Vendor Due Diligence
• Dr. Melanie Köstler, Partner, Nuremberg – Tax Vendor Due Diligence
• Dr. Claudia Krebs, Partner, Nuremberg – Structuring Advice
• Michael Scharf, Partner, Nuremberg – Transfer Pricing Advice
• Thorben Foshag, Manager, Nuremberg – Structuring Advice
• Max Gareis, Manager, Nuremberg – Tax Vendor Due Diligence
• Nina König, Manager, Nuremberg – Structuring Advice
• Dr. Tanja Pöll, Manager, Nuremberg – Transfer Pricing Advice
• Johannes Wörner, Manager, Stuttgart – Tax Vendor Due Diligence
• Vanessa Spindler, Senior Associate, Nuremberg – Tax Vendor Due Diligence
• Michelle Stock, Senior Associate, Eschborn – Tax Vendor Due Diligence
• Sophie Dinkelmeyer, Associate, Nuremberg – Tax Vendor Due Diligence

Rödl France

• Christophe Jolk, Associate Partner, Paris – Tax Vendor Due Diligence
• Mélodie Blondeau, Manager, Paris – Tax Vendor Due Diligence

Rödl Italy

• Birgit Rauschendorfer, Partner, Milan – Tax Vendor Due Diligence
• Andrea Crispi, Manager, Milan – Tax Vendor Due Diligence

Rödl Poland

• Adrian Maczura, Associate Partner, Wroclaw – Tax Vendor Due Diligence
• Daria Walkowiak, Associate Partner, Wroclaw – Tax Vendor Due Diligence

Rödl Switzerland

• Patrick Jurt, Partner, Zurich – Tax Vendor Due Diligence
• Sanel Cikotic, Manager, Zurich – Tax Vendor Due Diligence

Rödl South Africa

• Tracy Potgieter, Johannesburg – Tax Vendor Due Diligence

Rödl USA

• Elisa Fay, Partner, Atlanta – Tax Vendor Due Diligence
• Jason O’Connor, Atlanta – Tax Vendor Due Diligence

Financial

Rödl Germany

• Cyril Prengel, Partner, Nuremberg – Head of Financial Vendor Assistance & Valuation Services
• Christoph Lebschi, Associate Partner, Nuremberg – Financial Vendor Assistance
• Xiaojie Qin, Associate Partner, Berlin – Financial Vendor Assistance
• Robert Schmidt, Associate Partner, Berlin – Valuation Services
• Maria Bieniek, Manager, Berlin – Valuation Services
• Jan-Niklas Herz, Associate, Berlin – Financial Vendor Assistance
• Moritz Knecht, Associate, Berlin – Financial Vendor Assistance
• Michael Rapsch, Associate, Berlin – Valuation Services