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CMS Hasche Sigle advises shareholders of Nero AG on the sale of a minority shareholding

20/12/2005

The shareholders of Nero AG have sold a minority holding of approx. 26% to a fund advised by Alpha and HarbourVest. Under the leadership of the Frankfurt partner Dr Andreas Zanner, a team from CMS Hasche Sigle advised the shareholders of Nero AG on the transaction, which is still subject to the consent of the cartel authorities. Nero AG is one of the leading providers of digital media technology, a member of the MPEG-4 Industry Forum and manufacturer of Nero 7, the leading worldwide CD/DVD application software, which has become one of the most comprehensive complete multimedia solutions.


Advisers to Nero shareholders:
CMS Hasche Sigle
Dr Andreas Zanner (lead partner), Dr Hendrik Hirsch (both corporate/M&A); Stefan Lehr, Dr Michael Holzhäuser (both competition law)


Contact CMS Hasche Sigle:

Dr Andreas Zanner
Tel.: +49 (0)69 / 71701-139
E-mail: [email protected]

About CMS Hasche Sigle:

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 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 European law firms. With over 575 partners, a total of 2,000 lawyers and tax consultants and around 3,800 support staff we advise our clients in 24 countries in Europe and further afield on legal and tax issues.

Local strength and legal 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 24 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 www.cmslegal.com .