Nynomic’s Acquisition of MGG GmbH

Esche Schümann Commichau advised Nynomic on the deal.

Nynomic AG entered into an agreement to acquire MGG MICRO-GLÜHLAMPEN-GESELLSCHAFT Menzel GmbH from L. Possehl & Co. MbH.

The consideration consists mainly of shares in Nynomic AG; 0.117 million Nynomic AG ordinary shares will be granted through a non-cash capital increase from authorized capital.

The highly profitable company has around 20 employees and annual sales of approximately €2.5 million. The final takeover of MGG Micro-Glühlampen-Gesellschaft Menzel GmbH is expected in the near future.

Nynomic AG, formerly mut AG, is a Germany-based company engaged in the provision of photonics, optical technology and microelectronics solutions.

The Esche team included Dr. Götz Triebel (Picture – Lead, M&A/Corporate) Dr. Patrizia Chwalisz (Employment), Dr. Lukas Eßers (M&A/Corporate), Katharina Krimm (Employment), Saskia Hahn (Commercial) and Maren Stradner (Commercial).

The inhouse team at Possehl was led by Dr. Linda-Martina Apel.

Involved fees earner: Patrizia Chwalisz – Esche Schümann Commichau; Lukas Eßers – Esche Schümann Commichau; Saskia Hahn – Esche Schümann Commichau; Katharina Krimm – Esche Schümann Commichau; Maren Stradner – Esche Schümann Commichau; Götz Triebel – Esche Schümann Commichau;

Law Firms: Esche Schümann Commichau;

Clients: Nynomic AG;

Federica Tiefenthaler

Author: Federica Tiefenthaler