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CMS Hasche Sigle advises MüllerWeingarten on acquisition of Bliss Clearing Niagara's assets

28/08/2006

Baden-Württemberg plant construction company Müller Weingarten AG domiciled in Weingarten has acquired Bliss Clearing Niagara Inc. in Hastings, Michigan, USA. Dr Anton Maurer, partner with CMS Hasche Sigle in Stuttgart assisted the subsidiaries Müller Weingarten Technologie GmbH & Co. KG and BCN Technical Services, Inc. during the negotiations. This transaction provides Müller Weingarten with technological know-how, in particular all rights to drawings, of several former US press manufacturers.

Müller Weingarten has also assumed the machines, stocks, inventory and factory site of the newly formed subsidiary BCN Technical Services, Inc. domiciled in Madison Heights. The purchase price was not disclosed.

Müller Weingarten develops and sells mechanical plant, presses and tooling throughout the world principally for the automotive industry and latterly has achieved an annual turnover of nearly 400 million Euros with a workforce of more than 2000 employees.

Adviser to Müller Weingarten AG
CMS Hasche Sigle (Stuttgart)
Dr Anton Maurer (Corporate, M&A), lead partner


Contact CMS Hasche Sigle:

Dr Anton Maurer
Tel.: +49 (0) 711 / 97 64 -285
E-mail: Anton.Maurer@cms-hs.com


About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 450 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. CMS Hasche Sigle operates at all the major business centres. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and Prague.

CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of partners see www.cms-hs.com

CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we advise our clients at commercial locations in 47 business centres in Europe and further afield on legal and tax issues.

Local strength, legal and tax advice tailored to the requirements of the market combined with a substantial amount of business and organisational integration form the basis for high-quality international legal advice.

In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 57 offices in 23 countries in Western and Central Europe, North and South America, Asia and North Africa.

For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see http:// www.cmslegal.com .