Binder Grösswang | View firm profile
Binder Grösswang together with Clifford Chance advises MiddleGround Capital (“MiddleGround”) on the acquisition of ZOERKLER Gears GmbH & Co KG (“Zoerkler”).
As part of the acquisition, Zoerkler will be integrated into MiddleGround’s portfolio company Xtrac, a leading developer and manufacturer of high-performance transmissions and mechatronic solutions.
The share purchase agreement was signed at the beginning of the year. The closing of the transaction took place on 8 May 2025.
Zoerkler is a family-owned and owner-managed company based in Jois, Burgenland, with over 120 years of experience in the development and production of high-precision driving systems for the aerospace, automotive and industrial sectors. Zoerkler offers customised complete solutions from design to prototype construction and series production.
MiddleGround is a Lexington, Kentucky-based private equity firm with over $3.85 billion in assets under management. MiddleGround makes control equity investments in middle market B2B industrial and speciality distribution businesses with the goal of developing them together with the management team.
The Binder Grösswang deal team was led by Thomas Schirmer and Felix Fuith and comprised Anna Talos (Corporate / M&A), Helmut Buchroithner, Verena Müller (both Commercial and IP/IT), David Rötzer, Rafael Wiesner, Tobias Haralter (all Banking & Finance), Alexander Kramer, Yasmina Bouzid (both Real Estate), Johannes Barbist, Anian Gruber (both Regulatory) Finance), Regina Kröll, Anna Krottendorfer (both Sanctions & FDI), Dario Valentin Schmelz, Mathias Wallner (Litigation & Insurance), Clemens Willvonseder, Lisa Salbrechter (both Tax), Sabine Apfl-Trompeter and Livia Hoskovec (both Employment).
About Binder Grösswang
As one of the leading Austrian commercial law firms with a strong international focus, Binder Grösswang has been advising on all questions of commercial law for more than 60 years. Binder Grösswang employs more than 190 people in Vienna and Innsbruck. The law firm advises well-known national and international companies from all sectors.
International legal directories such as Juve, Chambers, The Legal500 and IFLR 1000 regularly award top ratings to Binder Grösswang in all practice areas. These honours include international prizes such as the The Lawyer Law Firm of the Year Austria Award, Chambers Europe Austrian Law Firm of the Year Award and the IFLR European Law Firm of the Year Award.