International legal practice Osborne Clarke has advised the management team of STEMMER IMAGING GmbH on its takeover by AL-KO AG.
AL-KO has acquired the company from its founder Wilhelm Stemmer and the management team. As part of the transaction the management team acquired a 25 per cent share in the company.
STEMMER IMAGING is Europe’s largest imaging technology provider for science and industry. The company will form a self-contained division of the AL-KO Group alongside its existing air conditioning, gardening, technology and electronics divisions.
Munich-based AL-KO AG is the parent company of AL-KO KOBER SE, one of the leading suppliers of automotive technology, gardening implements and air-conditioning technology.
A team lead by Partners Dr Martin Sundermann (M&A Corporate) and Joachim Breithaupt (Tax) advised the management team on the transaction.