Heuking advises TRM on sale of shares in FORTEC Elektronik
Cologne/ Dortmund — Heuking Kühn Lüer Wojtek advised TRM Beteiligungsgesellschaft mbH (TRM) on the sale of a major portion of its shares in FORTEC Elektronik Aktiengesellschaft, Germering (FORTEC). The two Cologne-based Heuking capital market experts Dr. Mirko Sickinger, LL.M. and Sven Radke, LL.M. had already advised TRM in 2012 on the acquisition of the shareholding and a voluntary public takeover offer made in this context. Since 2012, TRM has held more than 30% of the shares in FORTEC. With the current sale, TRM’s shareholding is reduced to 5.16%, and an acquiring group acquires 25.07% of the shares from TRM.
The FORTEC Group is a leading supplier of individual components and systems in the fields of display technology, embedded systems and power supplies. FORTEC’s shares are admitted to trading on the regulated market of the Frankfurt Stock Exchange, Prime Standard segment. FORTEC-Group could report sales in the amount of Euro 89 million in 2022.
Advisors to TRM Beteiligungsgesellschaft mbH: Heuking Kühn Lüer Wojtek
Dr. Mirko Sickinger, LL.M., Photo © Heuking (lead), Sven Radke, LL.M., Lena Pfeufer, Franziska Marisa Decker, LL.B., M.A. (all Capital Markets Law), all Cologne.