Germany
With a team led by partner and capital market expert Dr. Thorsten Kuthe, Heuking Kühn Lüer Wojtek advised BluGreen Company Limited as bidder in the public takeover bid for S&O Beteiligungen AG. BluGreen had gained control of S&O Beteiligungen and thus published a bid document approved by the German Federal Financial Supervisory Authority (BaFin) on September 18. The acquisition is part of an overall transaction in which BluGreen incorporates Enapter group into S&O Beteiligungen AG
Germany
Dr. Mathias Schröder, Partner at law firm Heuking Kühn Lüer Wojtek’s Munich office, provided lead counsel to Organic Garden AG on the participation of an investor in 2020. In addition to a cash capital increase in connection with the investor’s entry, authorized capital was also created. This offers the company the opportunity to attract additional investors in the future and to continue its expansion strategy
Germany
A Heuking team led by capital markets expert Dr. Thorsten Kutheadvised 4basebio AG on a takeover bid by Sparta AG. Sparta AG issued a voluntary public takeover offer to all 4basebio shareholders to buy their shares at EUR 2.00 per share. 4basebio AG with its registered office in Heidelberg through their technologies and products enables advances in medical science and patient care focusing on technologies and products centered around DNA
Germany
A team led by Sandra Pfister, a partner at Heuking Kühn Lüer Wojtek based in Hamburg, successfully advised A 49 Autobahngesellschaft mbH & Co. KG, and its shareholders STRABAG Infrastrukturprojekt GmbH and Meridiam Investments SAS on the financing of the A49 PPP motorway project
Germany
The founding family of MACH AG sold the majority of its company to software investor Main Capital. A team led by Dr. Stefan Duhnkrack, Partner at Heuking Kühn Lüer Wojtek, advised the Müller-Ontjes founding family, who will remain active co-owners of MACH AG, on the merger. The parties agreed not to disclose the purchase price. The strategic partnership with Main Capital will allow MACH to benefit from the software investor’s long-standing industry expertise
Germany
Billing service provider AvP Deutschland GmbH, advised by Heuking, has filed for insolvency at Düsseldorf Local Court. The crisis was caused by operational difficulties, which led to the financing partners losing trust in the company. In recent months, the company had already parted ways with a senior manager responsible for the division. A team led by insolvency lawyer Dr. Johan Schneider advises AvP Deutschland GmbH and has initiated the company’s reorientation
Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised VR Equitypartner GmbH on acquiring a significant minority interest in aku.automation, a specialist for industrial image processing. VR Equitypartner intends to pursue a sustainable growth strategy with this transaction that is expected to be closed by the beginning of September 2020. As part of the transaction, aku.automation’s two founders and managing partners will keep stakes in the company
Germany
A team led by Dr. Sönke Görgens, Partner at Heuking Kühn Lüer Wojtek, advised Warburg-HIH Invest Real Estate on the acquisition of four daycare center project developments in North Rhine-Westphalia for its open-end special fund “Zukunft Invest” that was launched at the beginning of the year. The team led by Görgens performed legal and tax due diligence for the acquisitions. The properties are located in Bochum (two properties), Duisburg, and Oberhausen and offer a total of 395 daycare spots
Germany
A team led by Dr. Peter Christian Schmidt, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised funds advised by Deutsche Private Equity Management III GmbH (“DPE”) on the acquisition of majority stakes in B plus L Infra Log GmbH (“B plus L”) and Defoxx GmbH. With joint investments in new business areas, DPE will support B plus L group in its expansion. B plus L’s founder Gunnar Förster will retain a major stake of the company in the future
Germany
Dr. Ute Jasper, Dr. Christopher Marx, and Dr. Laurence M. Westen, Partners in Heuking Kühn Lüer Wojtek’s public procurement law team, are advising six German and Austrian transportation companies on the awarding of contracts for 504 regional light rail vehicles. In addition to vehicle development, production, and permitting, the innovative invitation to bid includes vehicle maintenance for 30 years
Germany
A team led by Dr. Hermann Ali Hinderer, Partner at the Stuttgart office, legally advised Sodecia Group on the acquisition of the assets and business activities of B&B Holding GmbH & Co. KG and BRAUN CarTec GmbH (jointly BCT). The buyer, newly incorporated Sodecia Automotive Oelsnitz GmbH (SAOEL), is part of Sodecia Group, a global automotive supplier headquartered in Maia, Portugal. Sodecia Group will take over all activities at BCT’s Saarlouis site, which was built only a few years ago
Germany
A team led by Dr. Jörg Schewe, Partner at Heuking Kühn Lüer Wojtek in Hamburg, advised Danish recycling company Scanmetals A/S and its investor KIRK KAPITAL A/S on the acquisition of 85% of the shares in non-affiliated Scanmetals Deutschland GmbH. With the transaction, Scanmetals A/S is taking over a recycling plant in Germany, increasing its annual metal recovery volume from 30,000 to 45,000 tons
Germany
A team led by Stuttgart-based Partner Dr. Juliane Reichelt advised SEMODU Olympisches Dorf Entwicklungsgesellschaft 1 mbH on the sale of all shares in the three project companies “Olympisches Dorf B3”. The seller is a subsidiary of SEMODU AG. SEMODU had used the three project companies that were now sold to acquire various plots of land comprising an area of 17,700 square meters on the territory of the former Olympic Village near Berlin in 2019
Germany
A team led by Dr. Thorsten Kuthe, Partner at Heuking Kühn Lüer Wojtek, advised venture capital investor German Startups Group (GSG) on its merger with SGT Capital Pte. Ltd, a global alternative investment and private equity asset manager. The merger is subject to the approval of German Startups Group’s annual general meeting that will be held on August 7, 2020. Upon conclusion of the merger, the merged company will be renamed SGT German Private Equity GmbH & Co. KGaA
Germany
A team led by Dr. Thorsten Kuthe, capital market expert at Heuking Kühn Lüer Wojtek in Cologne, advised The Grounds Real Estate Development AG on the acquisition of 89.9% of the shares of Capstone Opportunities AG in return for the issue of new shares. As a result of the capital measure, the share capital of The Grounds will increase by EUR 2,700,000 to EUR 17,805,517. The new no-par value registered shares are entitled to dividends from January 1, 2020
Germany
The Ministry of Transport in Baden-Württemberg intends to address the expected increase in the number of passengers over the next few years by adding up to 130 electric double-decker multiple-unit trains. Via the State Institute for Rail Vehicles, it is therefore purchasing 130 new double-decker trains for some EUR 1.6 billion. Transportation Minister Hermann is also looking for an option to buy another 100 trains
Germany
The apt Group is one of the leading company groups in the European aluminum industry. The group manufactures and refines high-quality aluminum profiles at four locations in Germany, the Netherlands and the Czech Republic. With an annual capacity of 6 million m² and a mechanical processing capacity of around 15,000 tons, the apt Group is one of the largest manufacturers in Europe. The group employs around 1,000 people and realizes a turnover of around EUR 250 million
Germany
The Ministry of Transport in Baden-Württemberg intends to address the expected increase in the number of passengers over the next few years by adding up to 130 electric double-decker multiple-unit trains. Via the State Institute for Rail Vehicles, it is therefore purchasing 130 new double-decker trains for some EUR 1.6 billion. Transportation Minister Hermann is also looking for an option to buy another 100 trains
Germany
IT service provider DATAGROUP acquired 24 percent of the shares of Cloudeteer, a cloud native start-up, and obtained an option for the remaining 76 percent of the shares. A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised DATAGROUP on the transaction. Cloudeteer will expand DATAGROUP’s expertise in public clouds and contribute internally developed modules for building and operating complex cloud structures
Germany
A team led by capital markets lawyer Dr. Thorsten Kuthe, Partner at Heuking Kühn Lüer Wojtek, advised amalphi AG in connection with the acquisition of all shares in medondo AG, including all preparatory reorganization measures. Today, the shareholders’ meeting of amalphi AG resolved the capital measures required for the acquisition, thus paving the way for the transaction
Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised PETCYCLE E.A.G. GmbH & Co. KG on the sale of PETCYCLE GmbH and LOGICYCLE GmbH to Genossenschaft Deutscher Brunnen e.G. (GDB). The transaction will bundle know-how and expertise in packaging and create synergies. Both companies’ employees will be retained. PETCYCLE GmbH operates closed, sustainable material cycles for PET beverage bottles. At almost 1
Germany
A team led by Dr. Thorsten Kuthe advised SANHA GmbH & Co KG on adapting its 2013/2023 corporate bond. The bondholders’ meeting had approved the adaptation concept in agreement with management and the joint representative, One Square Advisory Services GmbH
Germany
Effective June 1, Rahel Skau will join Heuking and assume the position of Head of Legal Tech and Digitalization. The newly created position takes account of the increasing digitalization of legal advisory services and is intended to further increase the law firm’s innovative strength and implementation speed at the interface of advisory offerings and business processes
Germany
The law firm of Heuking Kühn Lüer Wojtek advised automotive supplier Hella GmbH & Co. KGaA (“HELLA”), Lippstadt, on the structuring of a syndicated loan. The loan of an international bank consortium in the amount of EUR 500,000,000 has a term of five years with an extension option for another year. The loan serves general corporate financing purposes
Germany
A team led by capital market expert Dr. Thorsten Kuthe, Partner at Heuking Kühn Lüer Wojtek, advised medical technology company Pentracor GmbH on issuing a bond in private placement with possible conversion right. The company intends to use the issue volume of up to EUR 15 million for a large-scale roll-out of its certified medical device innovation PentraSorb. At a term of five years, the bond’s interest rate is fixed at 8.50 percent annually
