02 March 2020

Ninestar invests in tonerdumping.de

King & Wood Mallesons (KWM) has advised Ninestar Corporation (Ninestar) on the investment in the German tonerdumping.de Orth & Baer GmbH (tonerdumping.de) by its subsidiary Ninestar Image Tech Limited, Hong Kong S.A.R. 

Ninestar, based in Zhuhai, China, is the largest manufacturer of compatible printer cartridges in the world. The group also offers laser printers and manufactures components for the production of printer toner and printer cartridges. Ninestar's own-label products are known under the brand G&G.

tonerdumping.de, based in Berlin, Germany, distributes toner cartridges, printer inkjet cartridges, other printer accessories and office supplies both online and offline. The tonerdumping.de distribution network is particularly active in Germany. 

Ninestar's investment was made by way of a capital increase of tonerdumping.de. The strategic cooperation brings advantages for both partners. While tonerdumping.de can benefit from optimal conditions for supplying products from China, Ninestar is given the opportunity to successfully enter the German market for printer consumables and accessories.



Advisors to Ninestar:

Hui Zhao (partner), Dr. Sandra Link (partner), Dr. Tilmann Becker (counsel), Dr. Johannes Reitzel (counsel), Dr. Xianrui Wang (associate), Dr. Katrin Thoma (associate), Heling Zhang (PSL) (all Corporate/M&A) 


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