CMS has advised Austria's BECOM Group on its merger with IVP Group Germany GmbH. The Dr. Stilz Behrens & Partner firm advised IVP Group Germany on the deal.
According to CMS, "with this transaction, finalized on 27 July, the Austrian BECOM Group acquired a participation in the IVP Group Germany, continuing on the successful path of internationalization that BECOM has been pursuing in recent years."
BECOM develops and manufactures electronic and electromechanical components and appliances in the automotive, industrial, and medical technology sectors. CMS reports that "IVP Group Germany has established itself on the market as a globally active one-stop shop in electronics and electrical engineering in the past 20 years." The transaction, according to CMS, "will allow BECOM to enter both the Chinese and the US market."
The three-person CMS team was headed by Partner Sibylle Novak and included Attorney-at-Law Lena Winkler and Associate Eva-Maria Vogerl.
Michael Geiger led the Dr. Stilz Behrens & Partner team.