McDermott advises Bantleon Group on the sale of its shares in LPKF
Frankfurt a.M. — The Bantleon Group was advised by McDermott on the sale of its shares in SDAX-listed LPKF Laser & Electronics AG (LPKF). As part of a capital market transaction, institutional investors acquired around 18.2% of LPKF’s share capital, previously held by Bantleon subsidiary German Technology AG, as well as the 10.4% stake held by Jörg Bantleon, owner of the Bantleon Group.
“The broad placement to institutional investors has the advantage for LPKF of significantly greater international visibility at investor level following its promotion to the SDAX,” explains Jörg Schubert, CEO of the investment company German Technology AG, which is part of the Bantleon Bank Group.
The Bantleon Group had held a stake in LPKF since June 2016 and, with Dr. Markus Peters, had been represented on the Supervisory Board since 2017. Hauck & Aufhäuser acted as sole global coordinator and sole bookrunner for the placement of LPKF shares.
As an alternative to placing LPKF shares on the capital market, the Bantleon Group had prepared the sale of the entire 28.6% stake to strategic investors or financial investors. The McDermott team also provided comprehensive advice to the Bantleon Group in connection with this structured M&A process.
LPKF Laser & Electronics AG is a provider of laser-based solutions for the technology industry with a current market capitalization of around € 530 million. The Bantleon Group is an asset manager with a focus on institutional investments and locations in Germany and Switzerland. The company manages 5.1 billion euros with 45 employees.
Advisor Bantleon Group: McDermott Will & Emery (Frankfurt)
Simon Weiß, Photo (Lead, Capital Markets), Dr. Maximilian Clostermeyer (Corporate/M&A), Joseph M. Marx (US Capital Markets), Daniel von Brevern (Antitrust, Düsseldorf); Associates: Isabelle Müller and Tina Zeller (both Corporate/M&A).