Further Expansion in Germany: Midwich Group Acquires Majority Stake in prodyTel Distribution GmbH
GvW Graf von Westphalen has advised the Midwich Group on its acquisition of a majority stake (combined with an option to become the sole shareholder) of prodyTel Distribution GmbH. Closing of the transaction is subject to merger control clearance from the German Federal Cartel Office.
Based in Stein, Germany, prodyTel Distribution GmbH is a value-add distributor of professional audio and technical solutions. The company has a strong vendor portfolio, including premium brands Biamp, Aver and Jabra, with a particular focus on the corporate and education market.
The Midwich Group is a specialist AV distributor, with operations in the UK and Ireland, EMEA, Asia Pacific and North America. The Midwich Group’s long-standing relationships with over 600 vendors, including blue-chip organisations, support a comprehensive product portfolio across major audio-visual categories such as displays, projectors, technical AV, broadcast, professional audio, lighting and unified communications. The Midwich Group operates as the sole or largest in-country distributor for a number of its vendors in their respective product sets.
The Midwich Group has carried out the acquisition through its subsidiary Kern & Stelly Medientechnik GmbH. GvW has advised the Midwich Group for more than ten years including the acquisition of Kern & Stelly Medientechnik (more), the acquisition of New Media (more), the £165 million initial public offering (IPO) on London Stock Exchange’s Alternative Investment Market (AIM) (more) and the acquisition of the UC business of eLink Distribution AG (more).
Under the lead of Dr Ritesh Rajani (Corporate/M&A; Hamburg), the Midwich Group was advised by a team consisting of Maximilian Andersen (Corporate/M&A; Hamburg), Christian Kusulis and Alexander Rösch (Antitrust; Frankfurt), Dr Malte Evers and Marius Bodenstedt (Employment; Hamburg), Dr Arne Schmidt (Tax; Hamburg), Dr Patrick Wolff (Finance; Hamburg), Dr Christian Triebe and Naomi Akpinar (IP; Hamburg), Sven-Erik Holm (Data Protection; Frankfurt), Christian Ertel (Real Estate; Hamburg) and Johan van der Veer (Insurance; Hamburg)
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.

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