Harris Williams, a global investment bank specializing in M&A advisory services, announces that it has advised teamtechnik Maschinen und Anlagen GmbH (ttMA) on the sale of a majority stake in its subsidiary teamtechnik Production Technology Sp. z o.o. (ttPT) to TDJ S.A. (TDJ), a Polish family-owned investment company.
ttMA is an international market leader for production technology, assembly and functional test systems across the automotive, medical and energy industries. Its former Polish subsidiary ttPT focuses on next generation automotive assembly systems. The transaction, led by Jeff Perkins and Florian Ripperger of the Harris Williams Industrials Group, builds on the firm’s experience in the industrial technology sector and automation technology in particular.