The Australian bank Macquarie has assumed control of the Eschborn energy services provider
Techem. At the end of October the Australian bank secured the majority in Techem, an MDax listed
company, and subsequently made an offer of EUR 60 per Techem share. Approval by the competent
competition authorities has not yet been granted but is expected.
At the beginning of the year Macquarie withdrew its first offer of EUR 55 per Techem share
after a lengthy bidding dispute.
Macquarie is Australia's only major bank and known throughout the world for its investments in
infrastructure companies. The company has over 10,000 employees.
Both the trademark Techem and the registered seat of Techem AG in Eschborn will be retained. The
business fields of energy services and energy contracting will also be retained and expanded.
Techem provides more than 8 million households with energy services as well as water meter reading
and billing services. It employs more than 2,400 people throughout the world.
Advisers to Techem AG
CMS Hasche Sigle
Dr Andreas Zanner (Lead Partner)
Dr Jochen Schlotter (Corporate, Takeover Law)
Dr Rupert Doehner (Corporate, Takeover Law)
Contact CMS Hasche Sigle:
Dr Andreas Zanner
Tel.: +49 (0) 69 / 71701 - 139
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
CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of
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