14.05.2018

Liaison in connection technology: Luther advises Cembre on acquisition of Ikuma

Press Release

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Stuttgart - The German division of Cembre S.p.A., one of the largest European manufacturers of electrical connectors, has acquired Ikuma GmbH & Co. KG - also a supplier of solderless connection technology. Luther Rechtsanwaltsgesellschaft assisted Cembre in the planning and execution of the transaction.

Background

Stuttgart - The German division of Cembre S.p.A., one of the largest European manufacturers of electrical connectors, has acquired Ikuma GmbH & Co. KG - also a supplier of solderless connection technology. Luther Rechtsanwaltsgesellschaft assisted Cembre in the planning and execution of the transaction.

Since May 3, Ikuma GmbH & Co. KG and Ikuma Verwaltungs GmbH belong to Cembre. The Cembre GmbH based in Munich - subsidiary of the Italian Cembre S.p.A., Brescia - has acquired all shares of the Ikuma Group located in Weinstadt east of Stuttgart.

The acquisition was financed entirely from Cembre's own funds. Luther provided the connector specialist with legal support from an interdisciplinary team. In addition to M&A advice, experts from the areas of commercial, employment law, IP/IT, tax law and antitrust law were consulted to pave the way for the complex deal.

The electrical connection material as well as the tools and machines from Cembre are used in track construction, in electrical and lighting systems as well as in the field of power generation. Ikuma has a similar portfolio. The company supplies a number of distributors in the German market and is considered one of the most important German suppliers of cable terminations. The technology can be found, for example, in electric motors, rail vehicles, wind turbines and elevators.


For Cembre S.p.A., Brescia

Luther, Mergers & Acquisitions: Thomas Kuhnle (lead), Michael Ströbel, LL.M., Dr. Christina Schröter, LL.M.(all Stuttgart)

Luther, Commercial: Frank Gutsche, Andreas Mayr

Luther, Labour Law: Kerstin Belovitzer

Luther, IP/IT: Carsten Senze, Laura Rüdisühli, lic. en droit

Luther, Tax Law: Nicole Fröhlich, Ramona Hubracht, LL.M.

Luther, Antitrust Law: Dr. Helmut Janssen, LL.M.

 

Financial Consultancy, KPMG Italy: Alberto Niccolini, Alessandro Salerni

Author
Nicole Fröhlich

Nicole Fröhlich
Partner
Frankfurt a.M.
nicole.froehlich@luther-lawfirm.com
+49 69 27229 24830

Frank Gutsche

Frank Gutsche
Partner
Stuttgart
frank.gutsche@luther-lawfirm.com
+49 711 9338 19194

Dr Helmut Janssen, LL.M. (King's College London)

Dr Helmut Janssen, LL.M. (King's College London)
Partner
Brussels, Dusseldorf
helmut.janssen@luther-lawfirm.com
+32 2 627 7763 / +49 211 5660 18763 / +49 1520 16 18763

Dr Thomas Kuhnle

Dr Thomas Kuhnle
Partner
Stuttgart
thomas.kuhnle@luther-lawfirm.com
+49 711 9338 19193

Carsten Andreas Senze

Carsten Andreas Senze
Partner
Stuttgart
carsten.a.senze@luther-lawfirm.com
+49 711 9338 25222

Kerstin Belovitzer-Franz

Kerstin Belovitzer-Franz
Counsel
Stuttgart
kerstin.belovitzer-franz@luther-lawfirm.com
+49 711 9338 16709

Ramona Hubracht, LL.M. Taxation

Ramona Hubracht, LL.M. Taxation
Counsel
Frankfurt a.M.
ramona.hubracht@luther-lawfirm.com
+49 69 27229 24660

Laura Stahmer-Rüdisühli, lic. en droit

Laura Stahmer-Rüdisühli, lic. en droit
Senior Associate
Stuttgart
laura.stahmer-ruedisuehli@luther-lawfirm.com
+49 711 9338 24497

Michael Ströbel, LL.M. (University of Auckland)

Michael Ströbel, LL.M. (University of Auckland)
Senior Associate
Stuttgart
michael.stroebel@luther-lawfirm.com
+49 711 9338 19158