Germany
At its Partners’ meeting held on November 13, law firm Heuking Kühn Lüer Wojtek elected a new management team. In addition to various internal committees, the management team is newly elected every three years. After almost 12 years in management, Dr. Hans Gummert, responsible for Finance, did not seek reelection. “I would like to express my special thanks to Dr. Gummert for his many years of positive collaboration in an atmosphere of mutual trust in management,” said Dr. Andreas Urban
Germany
A team led by Dr. Rainer Herschlein and Dr. Emanuel Teichmann legally advised the shareholders of AMPAREX, market leader in software for audiologists, on the sale of all their shares to Berlin-based investment firm FLEX Capital. AMPAREX will merge with IPRO, market leader in software for opticians, into a software group for “other service providers” in the healthcare sector so that the customers of the two software companies will benefit from each other’s strengths in the future
Germany
A team led by Dr. Bodo Dehne and Marcel Maybaum, supported by Dr. Katharina Prasuhn, provided comprehensive legal advice to the shareholders of the Evora IT Solutions Group on the sale of a majority stake to Allgeier SE and acted as lead counsel for the transaction. The purchase price is in the lower three-digit million Euro range. The sale was made out of a structured and competitive bidding process. The four founders will continue to hold a 40 percent stake in the group as entrepreneurs
Germany
With a team led by capital markets lawyer and Partner Dr. Thorsten Kuthe, Heuking Kühn Lüer Wojtek advised Enapter AG on a capital increase. The full placement of the capital increase will generate gross proceeds of about EUR 30 million for the company. At an offer price of EUR 23 per share, 1,304,347 new shares were issued
Germany
A team led by Dr. Pär Johansson and Dr. Philipp Jansen, both Partners at Heuking Kühn Lüer Wojtek, advised investment firm Odewald KMU II on its acquisition of Akademie für Kindergarten, Kita und Hort GmbH and Akademie der deutschen Wirtschaft GmbH. Akademie für Kindergarten, Kita und Hort GmbH and Akademie der deutschen Wirtschaft GmbH operate several learning academies that focus on professional development in different segments
Germany
Effective December 1, 2021, a tax team will join the Frankfurt office of business law firm Heuking Kühn Lüer Wojtek. Coming from BAM Corporate Services GmbH, Jörg Michelsen (49) will work as Equity Partner. He is accompanied by Sebastian Eibich, lawyer and tax advisor, as Senior Associate, Rolando Casonato, business school graduate, and Olga Arndt, business school graduate, as Senior Tax Specialists, all from BAM Corporate Services GmbH
Germany
A Heuking team led by Benedikt Raisch advised FairCap on the acquisition of two plants from BARTEC group operating in safety-related electrical engineering for underground mining and industry. The acquired sites previously formed BARTEC group’s “Mining” division. The plants in Menden (Sauerland, asset deal) and Tychy (Poland, share deal) are active in the development and production, trade, and servicing of electrical safety switchgear and in machining technology
Germany
The Volker Hinz (1947 - 2019) photo archive comprises some 1.3 million photographs. Dr. Stefan Duhnkrack, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, represented and legally advised the photographer’s estate on the sale of the collection to the Bavarian State Library. The library is using this testimony to Germany’s photography to further expand its largest public picture archive in Germany
Germany
With a team led by Dr. Oliver Böttcher and Kristina Schneider from its Cologne office, Heuking Kühn Lüer Wojtek advised Compleo Charging Solutions AG on the acquisition of E.ON subsidiary innogy eMobility Solutions GmbH (“ieMS”). The acquisition of ieMS, negotiated since July, will create one of the leading full-service providers for charging technology in Europe at the Dortmund site
Germany
Heuking Salaried Partner Christoph Prochnau and Katharina Waszczynski from Heuking Kühn Lüer Wojtek’s Hamburg office comprehensively advised HelloBetter on its Series A funding round. The investment volume of the Series A funding round amounts to EUR 6 million. The HelloBetter team attracted HealthCap, Expon Capital, and Sparrow Ventures as new investors. Hevella Capital, lead investor of the seed funding round, also joined the funding round
Germany
A team led by Dr. Thorsten Kuthe legally advised Munich-based security company sdm SE on its IPO. 336,060 shares were placed at a unit price of EUR 3.50 per share. Gross issue proceeds from the shares, all from a capital increase, amount to EUR 1,176,210. sdm intends to use the capital from the IPO to implement its M&A strategy and to accelerate its growth. The shares are expected to be listed on Düsseldorf Stock Exchange as of November 3, 2021. sdm is also aiming for a Xetra listing
Germany
A team led by Dr. Thorsten Kuthe and Christopher Görtz from Heuking Kühn Lüer Wojtek’s Cologne office advised KlickOwn AG (of which the iFunded platform is an affiliate) on a strategic investment by PlanetHome Group GmbH. As part of a capital increase in kind of KlickOwn AG, PlanetHome Group will contribute various licenses to brands of PlanetHome Group GmbH. It also undertakes to subscribe to a cash capital increase of about EUR 1.5 million
Germany
With a team led by Partner Dr. Sönke Görgens, Heuking Kühn Lüer Wojtek comprehensively advised HIH Invest Real Estate GmbH on the acquisition of a multi-use neighborhood retail center in Espelkamp in eastern Westphalia from aik Immobilien-Investmentgesellschaft
Germany
A team led by Dr. Marc Scheunemann and Dr. Jörg aus der Fünten advised the technology growth investor Digital+ Partners on its EUR 15 million investment in the software provider FTAPI Software GmbH. The investment may be increased by more than EUR 5 million in a second tranche and will serve to strengthen the company’s further growth
Germany
From October 11 to 13, 2021, Heuking Kühn Lüer Wojtek will be exhibiting at Expo Real in Munich, the international trade show for real estate and investments. Visit our booth 312 in hall B1 and talk to some of our 30 experienced legal experts from the Real Estate & Construction practice group, who will gladly provide you with information on topics including transaction business, project development, tenancy law, public procurement law, and other aspects related to real estate and infrastructure
Germany
JP│Politikens Hus Group acquires a majority stake in Frommes Versicherungsmonitor With a team led by Dr. Martin Imhof and Dr. Katja Plückelmann, both partners at the firm’s Dusseldorf office, Heuking Kühn Lüer Wojtek jointly with Accura advised the Danish publisher Watch Medier on the acquisition of 70 percent majority share in the Cologne-based digital trade medium Herbert Frommes Versicherungsmonitor
Germany
Dr. Thorsten Kuthe of Heuking Kühn Lüer Wojtek and his team advised The Naga Group AG on a capital increase. Naga Group will be issuing some 4.2 million new shares at a placement price of EUR 5.40 per share, generating issue proceeds of EUR 22.7 million. The company intends to use the net proceeds from the capital increase to accelerate its marketing and growth activities and expand international growth
Germany
A Heuking team led by Dr. Martin Imhof, Corporate/M&A Partner at the firm’s Düsseldorf office legally advised BHG Group AB on the acquisition of a 80% majority share in AH-Trading GmbH from the founders and a financial investor. Having its registered office in Xanten, Germany, AH-Trading is one of Germany’s leading e-commerce companies in garden furniture in the mid and premium segments
Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised Lanco Assembly Systems, Inc., Maine, USA, on the divestment of its ownership of Lanco Integrated GmbH & Co. KG, a manufacturer of automation technology, to Private Assets AG. In the future, Lanco Integrated GmbH & Co. KG will again operate under the name “OKU Automation
Germany
On September 1, 2021, Rostock Higher Regional Court dismissed the motion of an Austrian competitor of Luca, so that the challenge also failed in the second and final instance. Dr. Martin Schellenberg and Marc Philip Greitens, both lawyers at Heuking Kühn Lüer Wojtek in Hamburg, represented the German state of Mecklenburg-Vorpommern also before the Higher Regional Court
Germany
A team led by Dr. Peter Christian Schmidt, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised the shareholder of Mola Administration, a fund administration service provider, on its sale to Apex Group. The merger allows Mola to offer its clients an even more comprehensive range of products and services in administration, benefiting existing and future clients throughout the entire fund life cycle
Germany
Business law firm Heuking Kühn Lüer Wojtek is celebrating its 50th anniversary these days. Lawyers Dr. Hans Günter Heuking and Dr. Wolfgang Kühn laid the foundation for today’s law firm in Düsseldorf in 1971. Now, five decades later, Heuking offers legal services with a team of more than 1,100 across eight offices in Germany and one office in Switzerland. “We are better positioned than ever, have steadily expanded, and we are profitable together with our clients,” said Dr
Germany
Effective September 1, 2021, Heuking Kühn Lüer Wojtek has filled the newly created “Head of Compliance” position with Shiye Luo-Forst (39). For the past five years, the legal professional worked as Compliance Officer and Head of Financial Crime Compliance/Sanctions at HSBC Trinkaus & Burkhardt AG in Düsseldorf. Prior to that, she had been a consultant at PwC for five years. Managing Partner Dr. Johan Schneider (Hamburg) and Dr. André-M
Germany
With a team led by Dr. Thorsten Kuthe, Partner at its Cologne office, Heuking Kühn Lüer Wojtek advised 7C Solarparken AG on a capital increase from EUR 69,420,430 by up to EUR 6,942,043. Partially utilizing existing authorized capital and excluding shareholders’ subscription rights, 6,942,043 new no-par value bearer shares were issued against cash contributions
Germany
Ritchie Bros., a leading global asset management, disposition and services company and Europe's leading plant and machinery auction house, Euro Auctions have entered into a purchase agreement under which Ritchie Bros. will acquire Euro Auctions Group for an enterprise value of £ 775 million (approximately USD 1.08 billion). With a team led by M&A specialist Dr
