IDT Holding expands market leadership position with Luther

With this transaction, the IDT Group is successfully pursuing its consistent growth strategy. For Luther, this is a further milestone in the long-standing client relationship: the law firm has been advising the Essen-based industrial supplier IDT in various legal areas for many years.

"The collaboration with Luther was professional and uncomplicated. I was able to rely on their expertise at all times and be sure that complex issues would be resolved reliably, even under time pressure. For us as a medium-sized company, Luther's reliable legal advice, with a team that delivers everything from a single source, is an absolute asset. We are delighted to have achieved this success together," says Simone Wilson, Managing Director of IDT Holding GmbH.

About IDT Holding GmbH:

IDT Holding GmbH, based in Essen (NRW), is the parent company of the IDT Group, which specialises in the development and manufacture of technically high-quality industrial seals. The medium-sized, internationally active group of companies now has four German sites with a total of around 200 employees. It operates successfully on the international market with subsidiaries in Spain and China and an established network of sales partners in more than 40 countries.

https://idt-dichtungen.de/  

About wpi Industriebedarf GmbH:

wpi has been manufacturing and selling gaskets for industry, refineries and power plants for more than 20 years at its site in Geisenfeld (Bavaria).

https://wp-i.de/   

On behalf of IDT Holding GmbH:

Luther, M&A: Dr Cédric Müller, LL.M. (Partner) and Dr Philipp Honisch (Counsel, both Lead), Alina Kühn (Associate)

Luther, IT law: Christian Kuß, LL.M. (Partner), Niccolo Langenheim, LL.M. (Associate)

Luther, Labour Law: Klaus Thönißen, LL.M. (Partner), Dr Martin Kolmhuber (Counsel)

Luther, Commercial and Distribution Law: Dr Kuuya Chibanguza, LL.B. (Partner)