bpv Huegel advises founder and shareholders on the sale of all shares in EVK DI Kerschhaggl GmbH to Headwall Photonics, Inc.

17 January 2025. The bpv Huegel team led by Elke Napokoj advised the founder and the shareholders of EVK DI Kerschhaggl GmbH (“EVK”). The bpv Huegel team provided comprehensive advice including deal structuring, contract drafting, contract negotiations and all steps up to the closing.

EVK is an Austria-based technology company specializing in industrial sensor-based sorting and inspection systems. Among other applications, EVK’s innovative technology is used in food processing, plastics recycling and material sorting.

Headwall Photonics, Inc. (“Headwall”), part of the Headwall Group and a portfolio company of Arsenal Capital Partners, an American private equity fund, is a global leader in high-performance spectral imaging solutions and optical components.

EVK’s innovative hyperspectral and inductive sensor technologies as well as data analysis expertise complement Headwall Group’s existing products and commitment to advancing hyperspectral imaging applications and AI-driven interpretation software in machine vision and remote sensing markets.

The transaction was closed on 31 December 2024.

Advisors to EVK: bpv Huegel – Elke Napokoj (Lead, Corporate/M&A), Victoria Huf (Corporate/M&A), Sonja Dürager (IP/IT), Astrid Ablasser-Neuhuber (Competition Law), Gerhard Fussenegger (Competition Law), Sebastian Reiter (Competition Law), Walter Niedermüller (Labour Law), Raphael Lehner (Corporate/M&A).

EVK M&A Team: Rabel & Partner GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft – Markus Pellet.

Advisors to the Buyer: Schönherr Rechtsanwälte.

Press release

 

Our use of cookies

We use necessary and functionality cookies to make our site work. We only use analytics cookies to improve our website if you enable them. By using this tool for individual settings of the cookies, we will send a cookie to your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies Policy.

Necessary Cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect the website functions.

Functionality Cookies

Functionality cookies allow users to customise how a website looks for them: they can remember usernames, language preferences and regions. We use functionality cookies for storing your user preferences and remembering if you have been to the site before so that messages intended for first-time users are not displayed to you. These cookies do not collect information about you that could be used for marketing purposes and do not remember where you have been on the Internet.

You may disable these cookies with the button, but you should be aware that any preferences will be lost and you will have to make them again on your next visit. It is also possible that the website will not work properly or you will lose some functionality.

Analytics cookies (including US providers)

"Web analytics cookies" collect aggregated information about user behaviour to improve our website. We would like to use such cookies from Google Analytics to improve our website by collecting and evaluating information about the use of our website. The provider of Google Analytics is Google LLC, which is based in the USA. The USA is not certified by the European Court of Justice as having an adequate level of data protection. In particular, there is a risk that your data may be accessed by US authorities for control and monitoring purposes and that no effective legal remedies are available against this. By activating the button under "Web analytics cookies (including from US providers)", you agree that we may set these cookies and that you also agree to the transfer of data to the USA. You can revoke your consent at any time via the cookie settings on our website.