Latham & Watkins LLP has advised the partners of Fischbach KG, the world’s largest provider of packaging solutions for sealants and adhesives, on the sale of a majority stake in Fischbach to Onex Partners. Fischbach’s packaging solutions are used in building repair, renovation, and construction, aftermarket automotive, marine weather and water-sealing applications, and aerospace bonding applications. Onex invests alongside members of the existing owner-management team, who are re-investing into Fischbach. Kroll (led by Andreas Stöcklin) acted as M&A advisor to the sellers.

The Latham team was led by Munich corporate partners Rainer Traugott and Stephan Hufnagel with associates Andreas Holzgreve, Corinna Freudenmacher, Manuel Schmutzler, Maximilian Kuchernig, Lara Stelmach, and Dennis Amiri. Advice was also provided on tax matters by Munich partner Stefan Süß with associate Manuela Minsel; and on antitrust matters by Frankfurt partner Max Hauser with associate Judith Jacop.