BOP advises on a strategic company acquisition for major dental lab
Our client, a medical equipment service company, offers dental services to dental labs in Germany. As a part of our client’s growth strategy, it has acquired 100% of the GmbH shares of a major dental lab, which employs approx. 20 employees. Both medical equipment companies are located in the Rhine-Main region.
BRANDHOFF OBERMÜLLER PARTNER advised and counseled the purchaser in all questions relating to the acquisition of the company. This comprised of, among other things, the optimal legal structuring of the transaction, as well as the execution of the agreement negotiations. Another important aspect of the acquisition was the restructuring of the target company’s legal form, including the redemption of shares. Furthermore, employment law aspects, such as company pension commitments, were considered.
The dental lab’s fixed assets were sold to the purchaser by way of a sale-and-leaseback transaction. After the acquisition, the purchaser leased the dental lab’s fixed assets back to the target company. The two companies are being merged and all employment agreements are being transferred to the new company.
Our lead Partner Dr. Stefan Brass explains: “Not only are major companies increasingly expanding through strategic acquisitions domestically and abroad, but the same applies to small and medium sized companies. The driving factor behind this is the development of new markets and sales channels, as well as building on the company’s existing expertise and the skillset of its workforce.”
If you have any questions please contact Attorney Dr. Stefan Brass or Attorney Laura Schulze Egberding, Kaiserstraße 53, D-60329 Frankfurt, info(@)bop.legal, www.bop.legal, Tel: +49 (0)69 34 87 92 00.