CMS Derks Star Busmann assisted Deutsche Kahneisen Gesellschaft mbH (DKG) from Berlin in the takeover of the shares in Norm-teq B.V. and Norm-teq Production B.V. from Hengelo.
DKG develops and produces under the brand name JORDAHL products for anchoring, reinforcement and connections that are applied on building projects.
Norm-teq is a leading developer, manufacturer and supplier of masonry supports and is known for its innovative solutions and support in the planning and technical realisation of facade projects.
With the takeover of the Dutch Norm-teq, DKG's expansion of its international position is continued. "By acquiring Norm-teq B.V., we are strengthening our position in the Netherlands. In the future, JORDAHL products will be marketed by Norm-teq. This is an important step in the implementation of our strategy to grow profitably", according to Gerd Börner, Chairman of the Board of Management of DKG.
A team comprising among others Martika Jonk, Christian Delgado and Arne van Bijnen advised DKG in the area of share transfer. Moreover, the following lawyers were involved in the framework of due diligence: Aysegül Avci, Bas Baks, Paulus van den Bos, Steffen Hagen, Niels Koene, Suzanne Reintjes, Sebastiaan Sellenraad, Gordon Tichelaar, Pauline Toet, Marlene Veenman and Rogier de Vrey.