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
Germany
With a team led by Prof. Dr. Georg Streit, Partner at its Munich office, Heuking Kühn Lüer Wojtek advised the insolvency administrators of online auto parts dealer www.atp-autoteile.de, Volker Böhm and Dr. Elske Fehl-Weileder, both from Schultze & Braun, on the sale of the company to SAG Group. SAG will take over ATP’s entire business operations and all of the about 250 remaining jobs will be saved
Germany
With a team led by Dirk W. Kolvenbach, the globally operating WuXi Biologics group acquired a sterile filling and freeze-drying plant from Bayer AG. The transaction has now been successfully concluded. The plant is designed for filling and freeze-drying the blood clotting agent Kovaltry®. The plant is operated on the Chempark site in Leverkusen
Germany
With a team led by Prof. Dr. Georg Streit, Partner at its Munich office, Heuking Kühn Lüer Wojtek advised the insolvency administrators of online auto parts dealer www.atp-autoteile.de, Volker Böhm and Dr. Elske Fehl-Weileder, both from Schultze & Braun, on the sale of the company to SAG Group. SAG will take over ATP’s entire business operations and all of the about 250 remaining jobs will be saved
Germany
A team led by Dr. Peter Zimmermann and Dr. Marc Scheunemann, both Partners at Heuking Kühn Lüer Wojtek in Düsseldorf, legally advised Art-Invest on the acquisition of the “Urban Village” residential project in Dresden. Sold by Dresdner Wohnbau, the transaction was structured as a forward deal and is intended for a special housing fund. The acquisition was brokered by Ideal Wohnen GmbH & Co. KG, which was also entrusted with project management and project control
Germany
Dr. Frank Mitzkus, Partner at Heuking Kühn Lüer Wojtek, successfully represented his client – a Societas Europaea (SE) – before the Hanseatic Higher Regional Court. After the April 26, 2019 judgement, which has now become final, the SE successfully filed a claim for damages against a shareholder
Germany
After the overall restructuring of ARWE Group, that was intended when the insolvency petition was filed, no longer appeared feasible, management withdrew its petitions for self-administration. Augsburg Insolvency Court consequently initiated insolvency proceedings with respect to ARWE Holding GmbH, arwe Automotive Service GmbH, arwe CarRental Service GmbH, and arwe Mobility Service GmbH in regular proceedings on May 1, 2020 and appointed Dr
Germany
A team led by Dr. Jörg Schewe and Dr. Michael Dröge, both Partners at Heuking’s Hamburg office, legally advised BÖAG Börsen AG on the acquisition of a majority stake in ICF BANK AG from the bank’s founders. As part of the transaction, BÖAG Börsen AG, which is operating the stock exchanges in Düsseldorf, Hamburg and Hanover, also secured an option to acquire additional stock in ICF BANK AG
Germany
A team led by Dr. Oliver von Rosenberg, Partner at Heuking Kühn Lüer Wojtek’s Cologne office, legally advised Häfen und Güterverkehr Köln AG (HGK) on the acquisition of the European inland shipping business of Imperial Logistics Limited (IPL). The acquisition occurred within the scope of a bidding process. Imperial Logistics International B.V. & Co KG (ILI) had already announced the sale in December 2019
Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised Kälte Eckert GmbH on the acquisition of Gartner, Keil & Co Klima- und Kältetechnik GmbH. The shares were sold by Frank Keil, the company’s sole shareholder and General Manager, who will remain in operational management in the future
Germany
A team led by Prof. Dr. Georg Streit, Partner at Heuking Kühn Lüer Wojtek, advised LFD Holding GmbH on the sale of all shares to Terra Grundwerte AG. Terra Grundwerte also acquires a loan portfolio of the five largest banks financing LFD group. The sale occurred after completion of a restructuring phase of several years by restructuring trustees in the interest of the financing creditors
Germany
A team led by Christoph Prochnau, Salaried Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised GET.ON Institut für Online Gesundheitstrainings GmbH comprehensively on its first funding round (Seed I). Founded as a university spin-off by a team of graduate psychologists in Hamburg in 2015, GET.ON has so far grown from own funds. Upon conclusion of the funding round, GET.ON will operate under the “HelloBetter” brand name
Germany
A team led by Dr. Thorsten Kuthe advised Nexway AG on the placement of a bond with a volume of 8 million euro and an interest rate of 10 per cent as part of a private placement with institutional investors. The new secured Nexway bond has a term of 15 months and quarterly interest payments. The eCommerce provider intends to use the proceeds of the issue for corporate purposes. This includes the financing of capital expenditures specifically related to the Academics business unit
Germany
A team led by Klaus Weinand-Härer, Partner at Heuking Kühn Lüer Wojtek, advised A3 Nordbayern consortium consisting of Eiffage S.A. and JOHANN BUNTE Bauunternehmung GmbH & Co. KG on issues relating to tax law in the procurement procedure for the A3 highway project. Jointly with JOHANN BUNTE, Eiffage has entered into a 30-year public-private partnership for extension, operation, and maintenance of the 76 km-long highway section between Biebelried and Fürth/Erlangen