Taylor Wessing advises SGSB Group on its acquisition of KSL

Taylor Wessing has advised SGSB Group Ltd on its acquisition of KSL. Through its Europe-based subsidiary ShangGong (Europe) Holding Corp GmbH, SGSB acquired a 100 per cent stake in KSL Keilmann Sondermaschinenbau GmbH, KSE GmbH and KSA Verwaltungs GmbH.

The parties have agreed not to disclose the purchase price.

The acquisition is part of SGSB’s long-term commitment to the German and European market.

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