CMS advises Thomas Reister on the sale of his majority stake in the emodrom Group
Thomas Reister has sold his majority stake in the emodrom Group to his co-shareholders.
The emodrom Group is involved in the marketing and strategic development of the Hockenheimring racing circuit in Hockenheim, Baden-Württemberg (Germany). The emodrom Group supports the location of companies (including Porsche) on the racing circuit, establishes its own mobility-related businesses there and otherwise markets the racing circuit for events.
Under the leadership of Thomas Reister, the emodrom Group has successfully emancipated the Hockenheimring from pure racing (formerly Formula 1) in the last 10 years, despite difficult starting conditions. Instead of exclusively racing, the Hockenheimring now offers a wide range of services and experiences related to mobility.
A CMS team led by Dr Daniel Jenny provided comprehensive legal advice to Thomas Reister in connection with the transaction.
Team
- Dr Daniel Jenny, Partner, Corporate / M&A
- Mark Cagienard, Partner, Tax
- Dr Simone Brauchbar Birkhäuser, Counsel, Intellectual Property
- Dr Ferdinand Blezinger, Associate, Corporate / M&A
- Florian Jung, Associate, Corporate / M&A
- Tarik Salkim, Trainee
