PwC Legal advises Genui on sale of Cherry Group to Argand

Mai 26, 2020

Frankfurt, 26th May 2020

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to Genui Sechste Beteiligungsgesellschaft mbH, a company held per majority by Genui Fund GmbH & Co. KG (Hamburg), on its (indirect) sale of shares in Cherry Holding GmbH to Argand Partners. PwC Legal took over the legal coordination, the implementation of the vendor legal due diligence with regard to the German parent company and its foreign subsidiaries, the negotiations on the share purchase agreement as well as the implementation of a share buy-back structure. The approval/release by the antitrust authorities and the Federal Ministry of Economics and Energy under the Foreign Trade Act is yet to be delivered.

Cherry GmbH, headquartered in Auerbach/OPf., Germany, is a leading manufacturer of computer input devices with a focus on office, gaming, industry, security, eHealth solutions and switches for mechanical keyboards. Cherry employs about 400 people in production facilities and subsidiaries in Germany and abroad.

GENUI Partners is a Hamburg-based investment company founded by renowned entrepreneurs and investment professionals.

Advisors Genui:

PwC Legal:

Gerhard Wacker (Lead), Dr. Steffen Schniepp, Dr. Minkus Fischer, Klara Körber, Helena Schoch, Michael Häupler, Karsten Horch, Valentin Khabin, Jasmin Kluike, Christian Heigl (all Corporate / M&A, all Nuremberg and Stuttgart), Denise Bartels, Felix Sebastian Laquai (Medical/regulatory law, Cologne), Carmen Meola, Peter Steinbacher, Stefanie Spatz, Vera Hiller (Employment law, Stuttgart and Frankfurt), Hubertus Kleene, Alexander Aumüller, Philipp Thönnes, Johanna Battmer, (Antitrust law and foreign trade law, Düsseldorf) 

Further information can be obtained from:

Martin Krause
PwC Communications
Tel.: (0211) 981 – 16 57
Write an E-Mail 

About PwC Legal:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They require legal certainty for a wide range of complex tasks. That’s why we advise them holistically and in close cooperation with the tax, human resources and financial experts at PwC and our international legal network in over 100 countries. Whether a global company, public corporation or wealthy private individual, each client has a personal contact person at PwC who provides responsible support in all matters of commercial law. In this manner, we help our clients to secure their long-term economic success.

PwC Legal. More than 250 lawyers at 18 locations. Integrated legal advice for the practice.

Contributors

Gerhard Wacker

Corporate/M&A

Tel: +49 911 94985-281

Dr. Steffen Schniepp

Corporate/M&A

Tel: +49 711 25034 1103

Dr. Minkus Fischer

Corporate/M&A

Tel: +49 711 25034-1372

Klara Josefine Körber

Corporate/M&A

Tel: +49 911 94985-368

Helena Madlen Schoch

Corporate/M&A

Tel: +49 711250341219

Carmen Meola

Employment and immigration law

Tel: +49 711 25034-1589

Peter Steinbacher

Employment and immigration law

Tel: +49 69 9585-5125