Munich, November 7, 2017. – International commercial law firm McDermott Will & Emery advised Mr. Bernd Menrad on the sale of 51% of shares of MBN GmbH to Perusa GmbH, the German private equity house. MBN GmbH, with Mr. Bernd Menrad as its Chief Executive, specializes in development, production, and distribution of LED lighting. Under the brand names PROLED and MBNLED, MBN offers high quality LED lighting, control systems, and components worldwide.
The buyer is German Private-Equity firm, Perusa GmbH, an independent private equity firm which invests primarily in businesses and corporations from German-speaking and Scandinavian countries. Mr. Menrad retains a significant 49% minority stake in MBN GmbH, and continues to lead the company as Chief Executive Officer together with Mrs. Isabela Ladwig as COO. The goal of the partnership is to achieve a leading European position for MBN through growth and acquisitions.
Counsel Bernd Menrad McDermott Will & Emery (Munich): Dr. Carsten Böhm and Dr. Germar Enders (Corporate Law, Head Management), Dr. Björn Biehl and Ralf Richter (Corporate Law), Markus Hill (Tax Law, Frankfurt), Dr. Paul Melot de Beauregard and Maximilian Baur (Labour Law), Dr. Oliver Hahnelt (Financing Law, Frankfurt), Daniel von Brevern (Antitrust Law, Düsseldorf), Steffen Woitz (Industrial Property Law), Thomas Beisken and Philipp Berrsche (Real Estate Law, Düsseldorf), and Dr. Alexa Ningelgen (Public Law, Düsseldorf).
Counsel Perusa GmbH DLA Piper UK LLP
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