Hogan Lovells advises SALCEF on the sale of Bahnbau Nord GmbH

Hogan Lovells advises SALCEF on the sale of Bahnbau Nord GmbH

Press releases | 31 July 2025

Led by Dr. Maximilian Menges (Partner) and Dr. Sebastian Merkel (Associate, Co-Lead), global law firm Hogan Lovells has advised SALCEF Deutschland GmbH on the sale of its 100 per cent stake in Bahnbau Nord GmbH.

The Italian Salcef Group is a leading player in the global railway industry, specialising in the development, construction and maintenance of rail infrastructure. The group is active in more than 20 countries and offers integrated solutions for the railway sector.

Bahnbau Nord GmbH is a well-known and renowned company based in Henstedt-Ulzburg near Hamburg. With more than 30 years of experience and 100 employees, the company is one of the leading providers of railway construction services in North Germany.

Hogan Lovells provided comprehensive legal advice to SALCEF throughout the entire sales process, including the preparation of the transaction and the negotiation of the Sale and Purchase Agreement (SPA). The team led by Dr. Maximilian Menges has been advising SALCEF Deutschland GmbH and its Italian parent company Salcef Group S.p.A. on various legal topics for several years – including the original acquisition of Bahnbau Nord GmbH in 2021.

Hogan Lovells team for SALCEF Deutschland GmbH

Dr. Maximilian Menges (Partner), Dr. Sebastian Merkel (Associate) (both Private Equity/M&A, Hamburg); 

Dr. Falk Loose (Counsel, Tax, Munich);

Dr. Franz Hackl (Senior Associate, Finance, Munich).