Frankfurt am Main, September 08, 2016
PwC Legal comprehensively advised Würth Elektronik eiSos GmbH & Co. KG, a company of the Würth Group, on the legal aspects of the acquisition of the electronics company AMBER wireless GmbH. Due diligence, contract design, the negotiations and the execution of the purchase of company shares and assets were the focus of the consultation work performed by the lawyers at PwC Legal.
The Würth Group’s core business is the trade in assembly and fastening materials. Their portfolio consists of over 125,000 products for manufacturing and craft sector companies – ranging from screws, dowels and tools to chemical-technical products. The Group is headquartered in Künzelsau, Baden-Württemberg, and comprises 400 companies worldwide. In 2015, the Group achieved sales of €11 billion and currently employs over 70,000 people in more than 80 countries.
Würth Elektronik eiSos GmbH & Co. KG, headquartered in Waldenburg, Baden-Württemberg, is one of Europe’s leading manufacturers of electronic and electromechanical components. The company sells its products in 43 countries worldwide. Würth Elektronik GmbH employs over 6,100 people and achieved sales of just under €475 million in 2015.
AMBER wireless GmbH, based in Trier, Rhineland-Palatinate, specialises in the development, manufacture and distribution of products for wireless data transfer. AMBER wireless GmbH supplies clients directly or via distributors in Germany and abroad.
Advisors to the Würth Group:
Michael Malz (Director, M&A), Neofitos Kozas (M&A), Matthias Briegel (Legal)
IEG – INVESTMENT BANKING Group (Berlin):
Lars Härle, Mathias Giesemann
PwC Legal (Stuttgart):
Dr Steffen Schniepp (team lead), Dr Christian Hensel, Dr Nils Peter Brügmann, Dr Lorenz Aldinger, Florian Holfeld, Dr Cordula Giesecke (all Corporate/M&A)
Advisor to AMBER wireless GmbH:
CMS Hasche Sigle (Cologne):
Dr Ralph Drouven (Corporate/M&A)
About PwC Legal:
PricewaterhouseCoopers Legal Aktiengesellschaft Rechtsanwaltsgesellschaft (law firm PwC Legal) is represented by more than 200 lawyers at 19 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.
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