04 September 2018 Press releases

Midwich Group Acquires New Media in Germany

GvW Graf von Westphalen has advised the Midwich Group on the acquisition of Nuremberg based Bauer und Trummer GmbH who trade as “New Media”.

The Midwich Group with its headquarters in the United Kingdom is one of the leading distributors of technology solutions in the audio-visual sector with operations in the United Kingdom, Ireland, France, Germany, Iberia, the Benelux and Australasia. The Group has long-standing relationships with over 330 vendors, including blue-chip organisations such as Samsung, LG, Epson and NEC.

New Media is a value-added distributor of broadcast and professional video products based in Germany predominantly serving the DACH market in addition to a select number of other European markets. The acquisition of New Media enables the entry of the Midwich Group into the DACH broadcast and professional video market.

GvW Graf von Westphalen has advised the Midwich Group on the acquisition of Hamburg based Kern & Stelly Medientechnik GmbH in late 2013 (read more) and on its £165 million initial public offering (IPO) on London Stock Exchange’s Alternative Investment Market (AIM) and the related £75 million fundraising in 2016 (read more).

Under the lead of Dr Ritesh Rajani (Corporate/M&A; Hamburg), the Midwich Group was advised by a team consisting of partners Dr Malte Evers (Employment; Hamburg), Dr Frank Tschesche (Tax/M&A; Frankfurt), Stephan Menzemer (IT; Frankfurt) and Dr Patrick Wolff (Finance, Hamburg), associated partners Dr Christian Triebe (IP; Hamburg), Lutz Leonard Lamprecht (Real Estate; Hamburg), Johan van der Veer (Insurance; Hamburg) and Dr Andreas Wolowski (Regulatory; Hamburg) as well as associates Dr Michael Engel (Tax/M&A; Frankfurt) and Sven-Erik Holm (IT; Frankfurt).

The Sellers were advised by KPMG Law (Nuremberg).

Stay informed

You don't want to miss any more of the latest legal developments? And be invited to our events? Then register here.