Germany
With a team led by Dr. Oliver Böttcher and Kristina Schneider from its Cologne office, Heuking Kühn Lüer Wojtek advised the shareholders of Emma – The Sleep Company (Bettzeit GmbH) in a transaction with Haniel. The two founders, Manuel Müller and Dr. Dennis Schmoltzi, will each retain a 24.95% stake in the company and as active Co-CEOs will continue to drive forward Emma’s international expansion and the gaining of further market shares jointly with Haniel
Germany
As of April 1, 2020, Marcel Hostettler has joined Heuking’s Zurich office as a new Partner. Marcel Hostettler comes to the law firm from MME. He is accompanied by Associate Eric Baumgartner (Capital Markets and Tax). Dr. Anna Wehrmüller (Regulatory and Compliance) and Dr. Peter Märkl (Banking and Finance) will join the team on May 1, 2020
Germany
Heuking Kühn Lüer Wojtek is providing legal support to the Esprit Group in an ongoing restructuring process with the objective of maintaining operations during the corona crisis, strengthening the group's liquidity and securing the future of the Esprit brand. The project is being supported by lawyers in particular from Dusseldorf and Munich, with Heuking partners Prof. Dr. Georg Streit and Dr. Marc Scheunemann acting as lead partners
Germany
With a team led by Dr. Oliver Böttcher from its Cologne office, Heuking Kühn Lüer Wojtek advised the shareholders of Moderne Befestigungselemente GmbH on the sale of the company to SFS Group AG. The sale served to secure corporate succession. MBE is a leading provider of painted fasteners for high-quality building facades. It primarily supplies specialist retailers in Germany with painted fastening systems for curtain-type, ventilated exterior wall coverings
Germany
On March 16, 2020, several ARWE Group companies filed for insolvency. On March 17, 2020, Augsburg Local Court ordered provisional self-administration for ARWE Holding GmbH, arwe Automotive Service GmbH, arwe CarRental Service GmbH, and arwe Mobility Service GmbH in accordance with the application and appointed lawyer Dr. Paul Abel, anchor Rechtsanwälte, as provisional administrator. Dr
Germany
A team led by Dr. Anne de Boer advised VERIANOS Real Estate Aktiengesellschaft on the private placement of the first tranche of its new corporate bond with a term of 5 years. The placement was directed at a defined group of investors with a minimum subscription of EUR 100,000. The bond has been listed on Frankfurt Stock Exchange’s Open Market since March 5, 2020
Germany
A team led by Dr. Frank Baßler, Partner at Heuking Kühn Lüer Wojtek, advised i Live Group, one of the largest providers of lifestyle micro-living in Germany, on the sale of a serviced apartment project in Stuttgart-Zuffenhausen to HanseMerkur Grundvermögen. The apartment project is intended for open-ended special real estate fund HMS Grundwerte Wohnen Plus III
Germany
A team led by Dr. Thorsten Kuthe advised Vectron Systems AG on a capital increase of about 10 percent of its share capital. By making partial use of the authorized capital and excluding shareholders’ subscription rights, the company was able to generate gross proceeds of some EUR 11 million. The new shares were allocated at a placement price of EUR 15.10 per new share in accelerated bookbuilding
Germany
A team comprised of members from several offices led by Ulf Christiani and Dr. Isabel Langenbach legally advised Verkehrsverbund Mittelsachsen (VMS) comprehensively on the procurement and financing of eleven battery-operated Coradia Continental trains from Alstom. The electric trains will be able to operate the Chemnitz to Leipzig route, although the tracks have not yet been electrified
Germany
Fiscal 2019 saw business law firm Heuking Kühn Lüer Wojtek once again significantly increase its revenue. 2019 annual revenue amounted to EUR 194.7 million, an increase of EUR 17.7 million over the previous year. With 2018 revenue standing at EUR 177 million, growth of exactly ten percent was recorded. “We are able to look back on a successful business year again and are very satisfied with the development of our firm and our client relationships,” said Dr
Germany
A team led by Dr. Sönke Görgens, Partner at Heuking Kühn Lüer Wojtek, advised UBM Development Deutschland GmbH on the acquisition of the FAZ Tower project development company. UBM Development Deutschland (75 percent) and Paulus Immobilien Group (25 percent) are now developing the new headquarters of Frankfurter Allgemeine Zeitung and a hotel with 350 rooms in Frankfurt’s Europaviertel
Germany
With a team led by Dr. Frank Baßler and Klaus Weinand-Härer, both Partners at Heuking Kühn Lüer Wojtek, ILG Capital GmbH acquired two retail centers on behalf of an institutional fund. The properties are located in Waldkraiburg and Kaiserslautern and were part of the “Silver” portfolio. The sellers are two special purpose vehicles held by a joint venture between RDI and Menora Mivtachim
Germany
A team led by Dr. Hermann Ali Hinderer, Partner at Heuking Kühn Lüer Wojtek in Stuttgart, legally advised IPCOM group on the acquisition of 100 percent of the shares in Seidemann group. With the acquisition, IPCOM strengthens its existing position in the technical insulation sector and its presence in the German B2B market. Seidemann group’s former shareholder Jörg Seidemann will remain with the company as General Manager
Germany
Effective March 1, 2020, Sandra Pfister (48) will join Heuking Kühn Lüer Wojtek’s Hamburg office as Equity Partner. The financing specialist joins the firm from Bryan Cave Leighton Paisner, where she had been a Partner since 2016. Prior to that, she practiced at Kaye Scholer (now Arnold & Porter), Simmons & Simmons, and Shearman & Sterling
Germany
A team led by Dr. Mirko Sickinger, LL.M., Partner at Heuking Kühn Lüer Wojtek, advised FAKT AG on concluding a structured real estate financing project. The loan will be used by subsidiaries of FAKT AG to refinance the acquisition of commercial properties in the “Marler Stern” shopping center in Marl. The advice included drafting and negotiating the loan agreement and the collateral agreements. Frankfurt am Main-based ICF Bank AG acted as intermediary for the investors
Germany
Heuking Kühn Lüer Wojtek’s Cologne-based capital market team led by Partner Dr. Thorsten Kuthe advised Accentro Real Estate AG on issuing a bond with a volume of EUR 250 million. The new bond is an unsubordinated and unsecured Euro-denominated sub-benchmark bond. In advance, Accentro Real Estate AG made a cash offer to the holders of the EUR 100 million 2018/2021 bond to repurchase its outstanding principal amount
Germany
A team led by Dr. Stefan Duhnkrack, Partner at Heuking Kühn Lüer Wojtek in Hamburg, advised Bad Vilbel WV Energie AG, on the sale of PSG Group, Lohmar, with its German and Swiss subsidiaries. The parties agreed not to disclose the purchase price. PSG is the pioneer and market leader in the outsourcing of procurement services via online platforms and tools within the German-speaking market
Germany
ILG acquired a neighborhood shopping center in Straubing on behalf of an institutional fund from SRILA Projekt GmbH with main shareholders VR-Bank Rottal-Inn eG and RMI Immobilien. A team led by Klaus Weinand-Härer and Dr. Frank Baßler, both Partners at Heuking Kühn Lüer Wojtek, advised ILG group on the acquisition. The parties agreed not to disclose the sales price
Germany
With a team led by Dr. Sönke Görgens, Heuking Kühn Lüer Wojtek advised Warburg-HIH Invest Real Estate (Warburg-HIH Invest) on the sale of a residential and commercial building in Hamburg-Billstedt to NM Nord-Immo Management, an affiliate of Hamburger Sparkasse. The sale was structured as an asset deal. The property comprises more than 7,250 square meters of commercial space and twelve apartments
Germany
A team led by Dr. Katharina Prasuhn from the Hamburg office advised energy company RDG GmbH & Co. KG (RDG) on the acquisition of oil production operations from Wintershall Dea GmbH by way of an asset deal. The purchase agreement was notarized on December 30, 2019. Closing is expected in the first half of 2020. The transaction is subject to regulatory approvals
Germany
A team led by Dr. Hermann Ali Hinderer advised high-tech company TRUMPF Hüttinger, a member of Ditzingen-based TRUMPF Group, on the acquisition of HBH Microwave GmbH. The parties have agreed not to disclose the purchase price. TRUMPF Hüttinger will thus expand its technology portfolio with semiconductor-based solid-state microwave generators. The generators are used in industrial applications such as plasma generation, industrial heating, communication, or radar technologies
Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised DATAGROUP SE on the acquisition of 68 percent of the shares in Diebold Nixdorf Portavis GmbH from Diebold Nixdorf, Incorporated. With the acquisition, DATAGROUP expands its existing business with high-quality cloud services and IT operating services in the financial sector. DATAGROUP also aspires to use the merger to achieve faster growth. The parties have agreed not to disclose the purchase price
Germany
A team led by Prof. Dr. Georg Streit advised HANS IM GLÜCK Franchise GmbH on the sale of burger chain Hans im Glück. Former majority shareholder AML Invest Treuhandgesellschaft mbH sold and transferred its stake in HANS IM GLÜCK Franchise GmbH to an investor group. The group includes GAB Grundstücks-, Finanzierungs-, Verwaltungs- und Beteiligungs GmbH, an existing minority shareholder, and the founders of bakery chain Backwerk, Dr. Dirk Schneider and Dr. Hans-Christian Limmer
Germany
A team led by Dirk W. Kolvenbach advised the globally active company WuXi Biologics on the acquisition of a sterile filling and freeze-drying plant from Bayer AG. The plant is designed for the filling and freeze-drying of the blood-coagulation medication Kovaltry®. The plant will be operated on the premises of the Chempark in Leverkusen. For this purpose, a long-term sublease agreement for the use of the building was concluded
Germany
A team led by Dr. Armin Frhr. von Grießenbeck, Partner at Heuking Kühn Lüer Wojtek in Munich, advised Flughafengesellschaft München mbH and its wholly-owned subsidiary LABCAMPUS in a new hotel project on the Munich airport grounds. A “long-stay boarding house,” an apartment hotel with 230 units, is to be built in the “AirSite West” area. The management contract was signed two days ago, on December 17, 2019