Banking house Sal. Oppenheim and Landesbank Baden-Württemberg have together handled the placing of a capital increase for Balda AG of 14 % of the share capital. The share capital was increased from authorised capital from EUR 47,387,088.00 to EUR 54,156,672.00. The 6,769,584 new shares have equal status to existing shares.
The new shares were subscribed for by existing shareholders at EUR 10.00 per share or placed with German and international investors.
The international Balda Group develops and produces highly integrated devices comprising plastic, metal and electronic components and touch sensors. Customers of the SDAX listed company include international brand names from the mobile telephony industry, medical technology and various related markets.
Sal. Oppenheim is one of Europe's leading private banks, focusing on asset management and investment banking. The bank currently manages assets of 138 billion euro and employs 3,500 people in over 30 German and European locations.
Advisers Sal. Oppenheim
CMS Hasche Sigle
Dr Jochen Schlotter (Corporate, Capital Markets)
Contact CMS Hasche Sigle
Dr Jochen Schlotter
Tel.: +49 (0) 69 / 71701-345
E-mail: [email protected]
About CMS Hasche Sigle
CMS Hasche Sigle is one of the leading German law firms with more than 500 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. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow 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 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 48 business centres in Europe and further afield on legal and tax issues.
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 58 offices in 25 countries around the world.
For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see www.cmslegal.com.