Deutsche Infrastruktur- und Netzgesellschaft (Ding Group), a portfolio company of Deutsche Beteiligungs AG (DBAG) that specialises in fibre-optic network installation, is to acquire a majority stake in Germany-based civil engineering company Reinhard Rohrbau.
Investment was reportedly equally split between equity and debt
Pfaudler's listed subsidiary, GMM Pfaudler, acquires an 80% stake in the business
Lawyers were originally part of a team hired from Kirkland & Ellis's London office in April 2016
Space-tech startup has so far raised $152m since being founded in 2015