Stuttgart – Schuler AG has completed the biggest capital increase in its more than 170-year history. The Göppingen-based technological and global market leader in metalforming increased its capital stock by EUR 16.9 million to EUR 76.05 million by issuing 6.5 million new shares.
A team led by lead partner Dr Karsten Heider advised Schuler AG on all aspects of the capital increase. The company has been a client of the commercial law firm for many years.
Schuler AG will receive gross issue proceeds of EUR 68.25 million from the placement. Prior to the start of the subscription offer, the sole global coordinator and sole bookrunner, Joh. Berenberg, Gossler & Co. KG, offered shares it held as assigned subscription rights to qualified investors as part of a bookbuilding process. The new shares were admitted for trading on 16 June 2011 on the basis of an Offering Memorandum.
Advisers CMS Hasche Sigle:
Dr Karsten Heider, Stock Corporation Law and Capital Markets (Lead Partner)
Stefan Sieling, M&A (Due Diligence)
Philipp Melzer, Capital Markets (Offering Memorandum)
Dr Markus Hirte, Stock Corporation Law and Capital Markets
Stephan Parrandier, Capital Markets
Dr Jan Hansen, M&A
Dr Marcell Baumann, M&A