Cologne – Global company Cellularline S.p.A. has initially acquired 60% of the shares in Peter Jäckel Kommunikationssysteme GmbH, a major player in the mobile phone accessories market. Cellularline is listed on Euronext in Milan and is the market leader in accessories for smartphones and tablets. The deal represents the parties’ first step towards the 100% acquisition of Peter Jäckel Kommunikationssysteme GmbH by Cellularline S.p.A., which is scheduled for 2025.
The current co-CEOs, Peter and Kerstin Jäckel, will continue in their roles in the company. The operational and financial synergies with Cellularline will deliver important opportunities to develop procurement and enhance the services offering, while also significantly expanding the product portfolio. The details of the transaction were not disclosed.
A CMS team headed by Laura Christin Stein and Dr Malte Bruhns advised Peter Jäckel GmbH on all legal aspects of the transaction.
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