King & Wood Mallesons has advised NGC Nachfolgekapital GmbH (NGC) on the acquisition of a majority stake in DIREKT CNC-Systeme GmbH.
DIREKT CNC-Systeme GmbH, located in Alfdorf, Germany, is specialized in tasks especially in the CNC technology for wood, plastics and aluminum. With the CAD/CAM software program NC-Hops, the company offers the leading machine manufacturer-independent solution as a parametric workshop-oriented CAM system for 3-, 4- or 5-axis machines, 5-axis simultaneous machining and 3D form milling.
NGC is an entrepreneurial investment company that invests capital for a listed holding in German SME companies.
The investment in DIREKT CNC-Systeme GmbH was made in connection with a succession plan. The two founders continue to assume management functions and are complemented by an additional managing director to ensure the long-term succession of the company to the next generation.
The KWM team comprised of Dr. Peter Polke (Picture), Simon Brandt (PSL) (both Corporate), Markus Hill, Viktoria Rosbach (both Tax).
Law Firms: King & Wood Mallesons;
Clients: NGC Nachfolgekapital GmbH;