Rödl & Partner advises SMT Scharf on the acquisition of RDH Mining Equipment
Rödl & Partner advised the Hamm-based company SMT Scharf AG on the acquisition of the entire company shares of the Canadian mining specialist RDH Mining Equipment Ltd. based in Alban/Ontario. The purchasing price comprising cash and own shares amounted to about 5.2 million €. With regard to this acquisition, an international team of Rödl & Partner, specialized in this kind of transactions, provided SMT Scharf with comprehensive economic and legal advice. Rödl & Partner carried out Financial Due Diligence and accompanied SMT Scharf in their price and contract negotiations. The law offices Dale & Lessmann as well as Fritsch Laitar & Karac provided assistance and support in Canadian legal and tax issues, while the U.S. American Consultant Luis de Leon was involved in project initiation. For SMT Scharf as one of the worldwide leading providers of transport solutions and logistics systems below ground, the acquisition of RDH Mining Equipment is an important strategic milestone that confirms the mapped-out growth path.