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13.02.2008

The Japanese industrial engineering group Sumitomo Heavy Industries Ltd. has acquired all the shares in the German Demag Ergotech GmbH, a manufacturer of injection  moulding machinery for processing plastics. A Nörr Stiefenhofer Lutz team led by Dr. Christoph Spiering advised Sumitomo on the acquisition in Germany, Russia and Poland – and together with Morrison & Foerster (Lex Mundi) in the USA. The contracts were signed last Friday. The seller is the KraussMaffei Group, which, in turn belongs to the Madison Capital Group, Chicago.

According to Demag, the company had turnover of 316.5 million Euro and 1,775 employees in 2006. The Cartel Office has already issued approval.

Advisor Sumitomo Heavy Industries: Nörr Stiefenhofer Lutz

Company law: Dr. Christoph Spiering, LL.M. (leading, Berlin)
Cartel law: Dr. Kathrin Westermann (leading, Berlin)
Tax law: Tim Dümichen (Berlin)
Labour law: Dr. Hans-Christoph Schimmelpfennig, Dr. Heidi Mahr (both Munich)
Pensions law: Christian Betz-Rehm
Patent law/Intellectual property: Dr. Joachim Mulch (Düsseldorf)
Environment law and coordination Due Diligence: Petra Samson (Düsseldorf)
Associates: Anka Roffeis, Dr. Tim Lanzius, LL.M., Dr. Benedikt von Wissel (all Company law, Berlin) Dr. Ronny Jänig (Company law, Dresden), Dr. Fabian Badtke, LL.M. (Cartel law, Berlin), Jessica Loew, LL.M. (Intellectual Property law, Berlin), Angelika Schmid (Labour law, Munich)

Russian Law: Nörr Stiefenhofer Lutz, Moscow

Wladimir Elizarov (Company law), Elena Frolovskaya (Cartel law)

Polish Law: Nörr Stiefenhofer, Lutz Warsaw

Maciej Szwedowski (Company law)

US Law: Morisson & Foerster LLP, San Francisco

Eric McCrath, Gabriel Lowenkron

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