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Rhinestahl Corporation acquires HYDRO Systems Group with Taylor Wessing

Taylor Wessing, a leading international law firm, is proud to announce its legal advisory role in facilitating the acquisition of HYDRO Systems KG by Rhinestahl Corporation, marking a significant milestone in the aviation industry.

Rhinestahl Corporation, a renowned figure in aviation support equipment and services, has successfully completed the acquisition of HYDRO Systems KG, a prominent provider of innovative solutions for aircraft maintenance and repair. The strategic move, unveiled at the prestigious Aviation Week Network's MRO Americas event in Chicago, signals Rhinestahl's commitment to fortifying its global market presence.

Under the astute leadership of Dieter Moeller, CEO and President of Rhinestahl, and Anthony Turner, CCO of Rhinestahl, the acquisition of HYDRO Systems KG sets the stage for the formation of RH Aero Systems, a dynamic entity poised to redefine the aviation support landscape.

"We are thrilled to have played a pivotal role in facilitating this strategic acquisition," said Alexander Roth, Partner at Taylor Wessing. "Rhinestahl Corporation’s combination with HYDRO Systems KG underscores our client’s commitment to driving innovation and excellence in the aviation industry."

RH Aero Systems will leverage the collective expertise and resources of both organizations to deliver unparalleled lifecycle solutions for engines and airframes, ground support equipment, and innovative technical products and services. The integration of Rhinestahl and HYDRO will ensure seamless continuity for customers worldwide.

"Our partnership with Taylor Wessing has been instrumental in navigating the complexities of this transformative transaction," commented Anthony Turner, CCO of Rhinestahl. "Their and Taft’s comprehensive legal counsel has been invaluable in shaping the success of this acquisition."

Taylor Wessing's advisory encompassed all legal aspects of the transaction, including structuring, due diligence, contractual documentation, W&I insurance, regulatory clearances, and acquisition financing. The firm's international team, led by Alexander Roth and Amir-Said Ghassabeh, provided holistic guidance throughout the process. A team led by Jeremy Hayden, Partner at Taft Stettinius & Hollister, advised on the US aspects of the transaction, in particular with regard to the acquisition financing.

The formation of RH Aero Systems creates a new major global player in the aviation industry, driven by a vision of innovation, excellence, and customer-centricity.

Rhinestahl

Since 1967, Rhinestahl CTS has continued to set new standards in OEM-based technical support solutions. Headquartered in Mason, OH, USA, with regional teams in North and South America, Europe, the Middle East, Africa, India and Asia, Rhinestahl CTS is a global player in OEM-licensed turbine engine tooling, aftermarket tooling and technical services for the commercial and military aerospace and aeroderivative markets. With a highly responsive support team and deep technical expertise, Rhinestahl CTS provides OEMs, MROs, airlines, aircraft manufacturers and lessors with worry-free support solutions throughout the lifecycle of an engine program.

HYDRO-Systems

HYDRO has been supporting the aviation industry with innovative solutions for the maintenance, repair and assembly of civil and military aircraft since 1965. More than 800 customers from over 120 countries rely on HYDRO as a top player with products of the highest quality. HYDRO's business areas include Ground Support Equipment, Airframe and Engine Tooling, Engine Transportation, Engineered Solutions and Service. In addition to its headquarters in Biberach (Germany), HYDRO has subsidiaries, service centers and sales offices worldwide.

Legal advisors Rhinestahl Corporation

Taylor Wessing Germany/USA: Jointly led by Alexander Roth (Partner, San Francisco) and Amir-Said Ghassabeh (Partner, Hamburg), Sven-Alexander Bolay (Senior Associate, Hamburg), Konstantin Körner (Associate, Hamburg) and Lisa Seidel (PSL, Berlin), all Corporate/M&A, Michael Brüggemann (Partner, Düsseldorf), Marco Hartmann-Rüppel (Partner, Brussels), Melanie von Dewall (Senior Associate, Munich), Tim Hendricks (Associate, Düsseldorf) and Niklas Melzer (Associate, Hamburg), all Competition, EU & Trade, Jens Wiesner (Partner), Jennifer Maiworm (Salary Partner), Dennis Hoppermann and Rebekka Sannmann (both Associate), all Banking & Finance, all Hamburg, Philipp Weiten, (Salary Partner, Tax, Düsseldorf), Timo Stellpflug (Partner) and Alessa Steigertahl (Senior Associate, Projects, Energy & Infrastructure, Hamburg), Dieter Lang (Partner, Hamburg) and Kris Breudel (Senior Associate, Berlin), both Environmental, Planning, Regulatory, Daniel Graske (Salary Partner) and Niels Heim (Senior Associate), both Commercial Real Estate, both Hamburg, Jonas Warnken (Partner) and Lisa Marie Bütow (Associate), both Employment, Hamburg

Taylor Wessing UK: Paolo Palmigiano (Partner) and Elisabetta Rotondo (Associate), both Competition, EU & Trade, London, Sarah Cole (Partner, San Francisco), Jack Turner (Associate, London) both Corporate

Taylor Wessing France: Gilles Amsallem (Partner), Adrien Ahmadi Kermanshahani (Associate), both Corporate, Paris

Taylor Wessing China: Michael Tan (Partner), Kai Kim (Salary Partner), both Corporate, Shanghai

Taylor Wessing Hong Kong: Mark Chan (Partner, Corporate, Hong Kong)

Taft Stettinius & Hollister: Jeremy Hayden (Partner, Cincinnati), Andrew Field (Associate, Cincinnati), both M&A, Katherine Mascarenhas (Partner, Financing, Indianapolis), Melissa D. Kurzhals (Partner, Employment, Cincinnati), Libby Jacobson (Associate, M&A, Minneapolis), Todd Lady (Partner, Tax, Indianapolis)

Wong Partnership Singapore: Ho Soon Keong (Partner), Zixian Huang (Associate), both Corporate, Singapore.

Rhinestahl Corporation erwirbt HYDRO Systems Gruppe (taylorwessing.com)