Noerr advises DrSmile on takeover by Straumann


A team headed by Berlin partners Laurenz Tholen and Christian Pleister has advised DrSmile’s shareholders on the sale of a majority stake to listed Swiss company Straumann Holding AG.

DrSmile is a leading provider of clear aligner treatment in Germany and the fastest-growing European dental brand for modern orthodontics. With turnover of 1.6bn Swiss francs, Staumann is one of the world’s leading companies for dental prothetics and orthodontic solutions.

The agreement provides for substantial investments by Straumann in DrSmile to further finance its growth. A put/call mechanism also gives Straumann the option to fully take over DrSmile in future.

Noerr advised DrSmile’s shareholders on issues including transaction structuring and the negotiations with Straumann and other bidders.

Advisors to shareholders of DrSmile

Team lead: Dr Laurenz Tholen, Prof Christian Pleister (Private Equity, Berlin)

Laura Moosleitner, John Jun (Berlin)

Private Equity
Ethel Nanaeva, Dr Anna Olbrys-Sobieszuk (Berlin)

Dr Florian-Felix Marquardt (Berlin)

Peter Stauber (Berlin)

Dr Stefan Schwab (Berlin)

PR team

Private Equity
Antitrust & Competition
Employment & Pensions