Munich, February 27, 2019 — Funds advised by Equistone Partners Europe Limited (“Equistone”) have acquired RENA Technologies GmbH (“RENA”). Blättchen & Partner advised the Rena management on the transaction. RENA is a plant manufacturer in the field of wet chemical surface treatment based in Gütenbach in the Black Forest. Technically high-quality production machines are used in medical technology, semiconductor and solar cell production and glass processing. RENA employs around 800 people worldwide and most recently achieved an annual production output of around EUR 120 million. Equistone is a European equity investor with six offices in Germany, Switzerland, France and the UK. The financial investor specialises in established medium-sized companies with a good market position. Equistone intends to continue RENA’s growth course, among other things by introducing new intelligent solutions and entering new markets. Blättchen & Partner advised the RENA management in the transaction with Prof. Dr. Alexander Götz.