Selected Transactions: 2005 | 2004 | Previous years       C·H·RL acted as the financial advisor to HDW Howaldtswerke Deutsche Werft AG in the sale of HDW’s maritime technology division HDW-Hagenuk Schiffstechnik GmbH, Hamburg. The company was sold to Imtech N.V., Gouda, Netherlands, in an auction process.   C·H·RL advised Dutch mid-market private equity firm Halder B.V. in the sale of Geka Brush GmbH. Geka Brush was sold to Equita Management GmbH, Bad Homburg, in an auction process. Contracts for this secondary buy out were signed December 15, 2004.       Bharat Forge Ltd., Pune, India, acquired the shares of CDP Aluminium-technik GmbH & Co. KG, Brand Erbisdorf, via its German subsidiary. C·H·RL advised the seller and executed the transaction in an auction process.     C·H·RL advised the board of directors and the shareholders of ZN Vision Technologies AG, Bochum, in a merger with the NASDAQ listed Viisage Technology Inc., US, within the scope of share swap. The North American and the European market leaders were brought together through this transaction to establish a leading identification solution.       C·H·RL acted as the lead advisors to German Equity Partners/ECM Equity Capital Management in the sale of M&J Fibretech A/S, Horsens, Denmark. The company was sold to Saurer AG, Arbon, Switzerland, in an auction process.