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CMS Hasche Sigle advises SLV group on sale to HgCapital

24/07/2007

The European financial investor HgCapital is new majority shareholder in the SLV group, one of the fastest growing manufacturers of innovative lighting systems in Europe. The founder of the company and present director together with the rest of the management will continue to hold shares in the purchasing company. The transaction based on a company value of EUR 320 million requires the consent of the Federal Cartel Office. The SLV group, which includes subsidiaries and holdings in Germany, France, Belgium, Switzerland, Hongkong and Russia as well as S.L.V. Elektronik GmbH, has developed into one of the most successful European light manufacturers over the past few years.

With around 160 employees in Germany the group increased its turnover by a total of 65% to nearly EUR 73 million between 2004 and 2006. For HgCapital's German team this is currently the sixth investment. During the transaction HgCapital was supported by Sal. Oppenheim, PwC and Kurt Salmon Associates; the SLV group was supported by the investment bank Dresdner Kleinwort.

Advisers to SLV Group
CMS Hasche Sigle

Klaus Jäger (Lead Partner, Corporate)
Dr Petra Schaffner (Corporate)
Dr Ralph Drouven (Corporate)
Dr Angela Emmert (Employment)
Dr Michael Bauer (Competition)
Associates
Dr Malte Bruhns (Corporate)
Dr Hagen Weishaupt (Corporate)
Jesko Nobiling (Tax)
Dr Sören Langner (Employment)


Contact CMS Hasche Sigle:

Klaus Jäger
Tel.: +49 (0)221 7716-131
E-mail: Klaus.Jaeger@cms-hs.com

About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 480 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 http://www.cmslegal.com.

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