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CMS Hasche Sigle advises on the sale of Plenexis Group

04 Feb 2005 Germany 5 min read

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Stratos Global Corporation, USA, a leading provider worldwide of satellite communications services has assumed Plenexis Holding GmbH, Bonn. The vendors were the management of Plenexis Group and 3i. The transaction has now been executed. Plenexis Group, the vendors, 3i and the management, were advised by CMS Hasche Sigle under the leadership of Frankfurt partner, Dr Markus Sachslehner.

Plenexis Group with subsidiaries in the UK, Sweden, Turkiye and Russia is a European market leader in the sector of corporate networks via satellite. Plenexis Group was itself acquired in 2001 by 3i and the management of Deutsche Telekom AG in a management buy-out.


Advisors to Plenexis Group, 3i, Management
CMS Hasche Sigle (Frankfurt and Munich)
Dr Markus Sachslehner (partner in charge, corporate)
Alexander Ballmann (corporate)
Dr Jens Neitzel, Dr Birgit Müller (both telecommunications)
Yvonne Hoffmann, Dr Sven Borngräber (both employment)

Advisors to Stratos
Blake, Cassels & Graydon (London)
Carlos Cerqueira (partner in charge, corporate)
Graf von Westphalen Bappert & Modest (Freiburg)
Dr Albert Schröder

Deutsche Telekom AG
In-house
Dr Christoph von Damm


Contact CMS Hasche Sigle:
Dr Markus Sachslehner
Tel.: +49 (0) 69 / 71701-342
E-mail: Markus.Sachslehner@cms-hs.com


Background

CMS Hasche Sigle is one of the leading German law firms with more than 420 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, Prague and Shanghai.

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 European law firms. With over 1,900 lawyers and tax consultants and around 3,700 support staff we serve our clients at 56 commercial centres in 24 countries in and outside Europe.

Our offices in central and eastern Europe and China provide our clients with a stepping stone into some of the world's most important growth markets.

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

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