Frankfurt am Main, April 8th, 2016
PwC Legal has provided comprehensive advice to Proto Labs, Inc., a prototype and low-volume production parts manufacturer with global headquarters in the USA and listed on NYSE, on the acquisition of the business operations of the insolvent companies Alphaform AG in Feldkirchen, Germany, and Alphaform Claho GmbH in Eschenlohe, Germany. The transaction took place in October 2015, only a few weeks after the opening of bankruptcy proceedings.
Proto Labs has taken over the business activities of both Alphaform companies in Germany, as well as in the United Kingdom, Finland and Sweden. MediMet Precision Casting and Implants Technology GmbH, a wholly owned subsidiary of Alphaform AG, is, however, not part of the deal.
The Proto Labs Group, which is headquartered in Minnesota/USA, operates in 3D printing, CNC machining and injection molding and can deliver low-volume production and custom prototypes in a minimum amount of time. Proto Labs also has manufacturing and sales offices across Europe and Asia.
As a provider of 3D printing services, Alphaform AG, which was formed in 1996, also manufactures small quantities of production parts using additive processes and injection molding. Its customers operate in the automotive industry, in consumer, in IT, in machinery and plant engineering and medical engineering.
Advisers to Proto Labs Inc.:
PwC Legal Germany:
Denis Bacina, Dr. Dirk Stiller (both team lead), Moritz Gröning, Florian Drach, Ilie Manole (all Corporate/M&A); Dr. Frank Degenhardt, Karsten Scherret, Marc-André Link (all Employment Law); Dr. Alexander Rehs (Regulatory Law); Peter Holzhäuser (Real Estate Law)
About PwC Legal:
PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft (law firm PwC Legal) is represented by more than 200 lawyers at 21 locations in Germany. It provides integrated legal advice in cooperation with the Assurance, Tax and Advisory business lines of PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft. Our modus operandi is characterized by sound technical expertise and practice-oriented financial understanding. PwC Legal is a member of the worldwide PwC Legal network, with more than 2,500 lawyers providing legal services in 85 countries across the world.
At PwC, we regard it as our responsibility to build trust in society and to solve important problems. Over 208,000 employees in 157 countries contribute to this goal by delivering high-quality, sector-specific assurance, tax and advisory services.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.