King & Wood Mallesons (KWM) has advised several new shareholders on the acquisition of a stake in E-M-C-direct GmbH & Co. KG (E-M-C direct).
The sale of E-M-C direct, which specialises in cable protection and cable accessories, was part of a succession plan. There were several purchasers. KWM has advised three individuals, including two industry experts and an external successor, who will take over the operative company succession within the scope of a management buy-in. Furthermore, MEDIQON Group AG (formerly Medical Columbus Aktiengesellschaft) acquired a stake in E-M-C direct.
E-M-C direct, based in Dorsten (North Rhine-Westphalia), is an importer and distributor of C-parts, employs around 20 people and supplies over 20,000 listed customers with products in the areas of cable ties, shrink tubing, corrugated pipes and cable accessories. Typical areas of use are electrical installation as well as engineering and vehicle construction.
Dr. Michael Roos (Partner), Dr. Laura Schumann (Associate) (both Corporate/M&A)