Home / Press / CMS Hasche Sigle advises ESO Capital Group on the...

CMS Hasche Sigle advises ESO Capital Group on the acquisition of Mania's global Outsourcing Business

02/09/2008

ESO Luxco I S.à r.l. acquired the global Outsourcing Business of the Mania Group ("Mania"), as well as selected parts of the Production Systems Business from the insolvency administrators of Mania Technologie AG, Mania Deutschland GmbH and Mania Entwicklungsgesellschaft mbH. ESO Capital Group - an alternative asset investment fund focused on turnaround and technology investments - was advised on this transaction by CMS Hasche Sigle. The CMS team of partners and associates from Frankfurt, Munich, Stuttgart and Cologne was led by Frankfurt partner Dr Oliver Wolfgramm.

CMS Hasche Sigle has been working on this international transaction with the law firms of the CMS-organisation in Italy, Belgium, Spain and the United Kingdom and with McMillan Binch Mendelsohn (Canada), Deacons (Hong Kong), CITY-YUWA Partners (Japan), PK Wong & Associates (Singapore), AILO (Taiwan), Thacher Proffitt & Wood (US) and Arendt&Medernach (Luxembourg). CMS Hasche Sigle worked closely with ESO Capital Group's inhouse legal team led by Dr. Markus Federle.

The acquisition covers the Outsourcing Businesses of Mania in the United States of America, Canada, Japan, Taiwan, Hong Kong, China and Singapore. Through further investment, ESO Capital intends to grow and develop a business that is already the leading global player for outsourcing in the testing market for PCB and electronic devices by offering new services and expanding to new locations. ESO Capital also acquired the Plotter and Software Businesses of Mania Technologie Belgium NV as well as other assets of Mania. With this transaction, ESO Capital will be able to secure the future for over 500 jobs within the new group. The parties agreed not to disclose the purchase price or other details of the transaction.


Adviser to ESO Capital
CMS Hasche Sigle

Partner:
Dr Oliver C. Wolfgramm (M&A, lead partner)
Joachim Kühne (Insolvency law)
Dr Rolf Leithaus (Insolvency law)
Dr Oliver Simon (Employment Law)
Dr Markus Häuser (IT/IP)

Associates:
Dr Karsten Hilmer (M&A, coordination)
Stephan Parrandier (M&A)
Bernhard Maierhofer (M&A)
Dr Martin Gresslin (Employment Law)
Dr Ulrich Keil (IT/IP)

Contact CMS Hasche Sigle:

Dr Oliver C. Wolfgramm
Tel.:+49 (0) 69 / 7 17 01 - 253
E-mail: Oliver.Wolfgramm@cms-hs.com