CMS advises IT group Bechtle on acquisition of Magnetic Media Network

Stuttgart, 02.07.2024 – Neckarsulm-based Bechtle AG has acquired Italian company Magnetic Media Network S.p.A. (MMN), which has its headquarters in Trezzo sull’Adda near Milan and operates another location in Roncade near Venice. Established in 1989, MMN describes itself as one of the leading IT solutions providers in Italy. The firm has around 100 employees and generated sales of some EUR 68.6 million in the 2022/23 financial year. The acquisition will enable Bechtle to significantly strengthen its position in the Italian market while also expanding its European partnership with Apple. Further details of the transaction were not disclosed.

A German-Italian CMS team headed by lead partner Dr Tobias Schneider advised Bechtle AG on all legal aspects of the acquisition. MDAX and TecDAX-listed IT group Bechtle is a longstanding CMS client and regularly relies on the expertise of teams led by CMS partner Schneider. Previous work by CMS for Bechtle includes advising on its recent expansion in the Netherlands by acquiring Fondo ICT Professionals B.V., a specialist in VMware and software, and in France through buying IT solutions provider Apixit S.A.S.

CMS Germany

Dr Tobias Schneider, Lead Partner, Corporate/M&A

CMS Italy

Dietmar Zischg, Lead Partner Italy
Alessandro Sassone, Senior Associate, both Corporate/M&A
Federico Raffaelli, Partner
Lorenzo Serena, Senior Associate, both Tax
Alessandra Boati, Counsel, Employment
Cristina Melentieva, Senior Associate, Real Estate

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