Heymann & Partner Rechsanwälte

The corporate finance magazine Acquisition International (April 2012 edition) published an article discussing why IT due diligence can be pivotal for a successful M&A transaction. Titus Walek and Dr. Moritz Hüsch contributed to that article. To read the article, please click here.

In course of the strategic realignment of its business, SEB AG sold 100% of the shares in SEB Assekuranz Makler GmbH to a private investment group. Insurance broker SEB Assekuranz Makler GmbH now renamed FinanceRisk Assekuranz GmbH, offers its services throughout Germany. The company's competencies are in the filed of occupational pension schemes and risk coverage.

SEB AG was advised by Titus Walek and Dr. Lars Lensdorf.

The shareholders of Clarus Films GmbH sold a majority stake in the company to PINOVA Capital GmbH, Munich. Clarus Films GmbH is a leading manufacturer, finisher and wholesaler of films, in particular fine shrink wrapping films for the food packaging industry. The company is located in Dietzenbach, Germany, and holds participations in other companies in Switzerland and France.

The sellers were advised by Titus Walek, Walter Born and David Fritsch.

On 7 November 2011, funds advised by Alpha sold shares amounting to 21.88 pc of the share capital of Uster Technologies AG to Toyota Industries Corporation (Kariya-shi, Japan). On the following day, Toyota Industries pre-announced a public tender offer for all publicly held shares in Uster Technologies. Uster Technologies is the leading high technology instrument manufacturer of products for quality measurement and certification for the textile industry. For the financial year 2010, the company announced sales revenues of CHF 132.8m. Uster Technologies is listed on the SIX Swiss Exchange.

Alpha was advised by a team headed by Titus Walek.

Rufus Pichler, attorney and of counsel with Morrison Foerster LLP (New York) invited you to the presentation "IP and IT Licensing in the US - Common Pitfalls and Recent Developments" on November 3, 2011.

Rufus ranks amongst the leading US attorneys with a focus on technology law and is a prominent speaker in this area. In the first part of his presentation, Rufus will focus on provisions of transatlantic license agreements, that often do not get much attention in the preparation and negotiation of such kind of agreement (e.g. "boilerplate") but often result in significant legal and economic risks. In the second part, Rufus will elaborat on recent case law and developments that are relevant to licensing transactions.

Please click here to read the presentation.

A German group of investors advised by the private equity company A-Capital acquired the leading European jeans manufacurer Mustang. The founding family of the traditional company based in Baden-Württemberg sold its majority to the group of investors retaining only a minority shareholding. Mustang employs more than 600 people worldwide, 400 thereof in Germany. While the group's main product are still jeans, Mustang focuses more and more on the marketing of fashion. In 2010, the company achieved a total revenue of EUR 118 million.

A-Capital was advised by Thomas Heymann, Dr. Henning Bloss, Dr. Katharina Scheja, Walter Born, David Fritsch, Eva Prinz, Dr. Lars Weber, Vadim Friedinger and Dr. Peter Gumnior.

The French car rental service provider AUTO ESCAPE SA acquired Hamburg based CAR DEL MAR Ferienautovermietung GmbH. CAR DEL MAR offers car hire services in more than 100 countries worldwide. AUTO ESCAPE is the leading leisure car rental broker in France, supported by a network of car rental locations in over 125 countries with a fleet of 800,000 vehicles. AUTO ESCAPE SA is listed on Alternext (Euronext); its majority shareholder is the investment company MONTEFIORE INVESTMENT with its headquarters in Paris.

AUTO ESCAPE was advised by Titus Walek, Walter Born, Eva Prinz, Dr. Moritz Hüsch, Dr. Lars Weber, David Fritsch and Dr. Peter Gumnior.

Advice in connection with the outsourcing and transfer of securities settlement/payment transaction handling as well as the conclusion of numerous service contracts (in particular in the range of IT) in this context. Thomas Heymann and Dr. Lars Lensdorf advised the private bank on these transactions.

Funds advised by Alpha sold their majority participation in Etimex group to the Etimex management, which now holds 100% of the shares in Etimex.
Etimex group is specialized in the development and production of films and packaging for the food- and pharmaceutical industry, and of special plastic components for the automotive industry and home appliances. Etimex had also been engaged in the photovoltaic business until the beginning of 2010, when it sold its solar business to the US based manufacturer of specialty chemicals Solutia Inc.

Alpha was advised by Thomas Heymann, Titus Walek and Julia Dolleschel

Advice on the re-allocation of outsourced IT services of the German state of Baden-Wuerttemberg. Dr. Lars Lensdorf advised the German state of Baden-Wuerttemberg on this transaction.