OEP Capital Advisors, L.P. signed a definitive agreement to acquire the core operating assets of Muehlhan AG (XTRA:M4N) for $56.7 million on September 24, 2022. In 2021, these assets had a combined revenue of approximately ?190 million. The transaction is subject to approval by the general meeting of Muehlhan AG, regulatory approvals and customary closing conditions.

The transaction is expected to close by Q1 2023. Dirk Oberbracht of Gibson, Dunn & Crutcher LLP and Gleiss Lutz acted as legal advisors to Muehlhan AG and OEP Capital Advisors, L.P. in the transaction. MCF Corporate Finance Limited acted as financial advisor to Muehlhan AG.