Viking Group sells shares to Minimax in a complex multi-country stock sale, creating a combined company with over $1.5 billion in sales and 6,000 employees
Clients Viking Group, Inc
Jones Day advised the shareholders of Viking Group, Inc. in a combination of stock and cash sale to MX Mercury Holding GmbH (known as Minimax), a German company. Minimax is currently owned by IK Investment Partners and other private equity holders and a management equity entity. The acquisition will create a global leader in the fire protection industry with over $1.1 billion in sales and over 6,000 employees. Viking, headquartered in Michigan, has been a largely family-owned business for almost 100 years.