December 22, 2017

The international drivetrain testing specialist was acquired by IHO Holding GmbH & Co. KG, a holding company of the Schaeffler family.

Longtime Willkie client 3i announced the sale of ATESTEO, an international drivetrain testing specialist, to IHO Holding GmbH & Co. KG (“IHO Holding”), a holding company of the Schaeffler family.

Founded in 1986 and headquartered in Alsdorf near Aachen, Germany, ATESTEO is the world leader in independent drivetrain testing. It has approximately 800 employees and 135 testing benches in Germany, Japan, China and North America. Based on cutting-edge testing technology, the company offers quality assurance through efficient durability testing and functional examinations of manual and automatic transmissions, differentials and hybrid electric powertrains. Its customers include virtually all manufacturers of cars and transmissions.

3i is an investment company focused on private equity, infrastructure and debt management, specializing in core investment markets in northern Europe and North America.

The Willkie team was led by Mario Schmidt and included partner Susanne Zuehlke, national partners Dr. Axel Wahl and Dr. Bettina Bokeloh, and associates Matthias Schudlo, Martin Waskowski, Daniel Zakrzewski, Tim Bulian, Lukas Nein and Karsten Silbernagel.