The Dutch based PostNL has sold its German Postcon business to the Munich-private equity investor Quantum Capital Partners GmbH. Thus, PostNL is withdrawing from the German market in order to focus on its core markets in BENELUX in the future. Continue reading
News
ADCURAM acquires Garbe Group in Berlin
ADCURAM Group AG, a leading industrial holding company based in Munich, has acquired the Garbe-Gruppe. With some 370 employees, the Berlin-based company is one of the leading construction service providers in the German capital and the surrounding region, specializing in complex demolition projects, pollutant remediation and recycling of building material.
Hydrogenious LOIHC Technologies Acquires Reputable Strategic Investors
Erlangen based clean tech company Hydrogenious LOHC Technologies could win strong partners with Royal Vopak, Mitsubishi Corporation and Covestro. Hydrogenious LOHC Technologies GmbH operates worldwide offering innovative technologies in storage and supply of hydrogen in the fields of renewable energy, emission free fuel supply of vehicles as well as industrial use. Continue reading
TRACC LEGAL advised ROI shareholders on the sale to EFESO
EFESO Consulting France SAS has acquired ROI Management Consulting AG. EFESO is one of the worldwide leading providers of operational excellence consulting. ROI, founded 20 years ago in Munich, is a consultancy company specialized in the manufacturing industry as well as in the research & development area. Continue reading
RUF Maschinenbau GmbH & Co. KG takes over C.F. Nielsen A/S
The machine manufacturer RUF Maschinenbau GmbH & Co. KG has taken over C.F. Nielsen A/S, Denmark, acquiring a supplier strong and steeped in tradition in the market ofbriquetting systems. Thereby RUF complements and expands its portfolio substantially and further reinforces its position as a leading supplier for briquetting systems. Continue reading
New Associate: Matthias Jacobs, LL.M.
Attorney Matthias Jacobs
The number and dimension of our present and newly acquired mandates requires a further increase in our staffing structure. In perspective of the next years we plan to strengthen our team with additional legal professionals. For now, we are very happy to introduce Mr. Matthias Jacobs who supports us as associate lawyer since the middle of February 2018.
TRACC LEGAL advises ADCURAM on majority takeover of luxury kitchen manufacturer Poggenpohl
The Munich industrial holding company ADCURAM Group AG is acquiring 98.57 per cent of the shares in Herford-based Poggenpohl Möbelwerke GmbH from the Swedish Nobia AB. The respective sale and purchase agreement was signed on 19 December 2016, although the transaction is still subject to official approval. Continue reading
GbR as GmbH partner: What you need to know when registering
In Germany, if a civil law partnership, or GbR, becomes a shareholder in a limited company, or GmbH, not only is this GbR to be added to the list of shareholders, but so too must all partners of the GbR itself. That was the decision reached by Hamm Higher Regional Court (OLG) in its judgment of 24 May 2016 (27 W 27/16). Continue reading
Ineffective formation of German GmbH by Swiss notary
Exercise caution if notarisation abroad seems cheaper!
In a judgment of 22 January 2016, Charlottenburg local court (AG) (99 AR 9466/15) has ruled that a German GmbH formed by a Swiss notary from Bern canton cannot be registered on the commercial register. Continue reading
TRACC LEGAL advises HyHelp AG in capital increase
Munich-based venture capital investor Think Health GmbH,, which specializes in companies in the healthcare sector, has taken a stake in HyHelp AG, Frankfurt, following a capital increase. It now holds almost 30 per cent of the registered share capital. Continue reading