Press Release 10-1/2023

Brownstone Partners advised the management of Vacuumschmelze GmbH & Co. KG (VAC) in connection with the sale of the company from funds advised by Apollo to funds advised by Ara Partners and the management equity program.

VAC is a leading global producer of advanced magnetic solutions, rare earth permanent magnets, and inductive components that are crucial for the decarbonization of our planet. With more than 100 years of application know how and experience in material science and product development, VAC designs and manufactures mission critical solutions for a wide variety of industries, including renewable energy, e-mobility, automotive, industrial automation, medical, aerospace and defense. The company is headquartered in Germany, with manufacturing facilities in Slovakia, Finland, China, and Malaysia.

Brownstone Partners focuses on legal advice to management teams in the context of Buy-Out situations, M&A as well as corporate advice.