Starting news article english 9 January 2012

Clifford Chance advised Quadriga Capital and Kinetics Holding on acquisition of Kinetic Systems, Inc.

Clifford Chance advised Quadriga Capital and its portfolio company Kinetics Holding GmbH, Hobbach (Bavaria), on the acquisition of Kinetic Systems, Inc. (KSI), Fremont/California (USA).

KSI is a world leader in the provision of process technology solutions for customers in the fields of microelectronics, biotechnology, in the solar and pharmaceutical and in a variety of other industries and areas requiring advanced technologies.

Kinetics Holding GmbH is also the parent company of KSI's former European and Asian operations. With operating and manufacturing facilities in Hobbach and Dresden (Germany) and branch offices in Austria and Italy, Kinetics Holding serves the entire European markets. In Asia, the company's offices are located in Malaysia, Singapore, China and India. The Middle East is covered via offices in Saudi Arabia and Dubai.

The Clifford Chance team was led by partner Oliver Felsenstein and included senior associate Dr. Leif U. Schrader, associate Dr. Hendrik Röhricht (all Private Equity, Frankfurt) and partner Robert Masella and the associates Lindsey Kantawee, Stephanie Wang and Yan Yuan (all M&A, New York).

In September 2011, the holding company Quadriga Capital partnered with the management of Kinetics Germany GmbH to acquire the international operations from KSI. A team lead by Oliver Felsenstein advised on this transaction as well.