Overview
Frankfurt, 30 May 2018– The international law firm McDermott Will & Emery advised Hauck & Aufhäuser Privatbankiers Aktiengesellschaft and MainFirst Bank Aktiengesellschaft in connection with the IPO of STS Group AG on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
STS Group AG is a global system supplier for interior and exterior parts focused on commercial vehicles. A total of 2.3 million shares were placed in the offering, consisting of 1,000,000 shares from a capital increase against cash contributions, 1,000,000 shares from the holdings of the former sole shareholder Mutares AG, as well as additional 300,000 shares in connection with an over-allotment, which were also provided by Mutares AG. The offer price for the shares was set at €24.00 per share.
Legal advisors to Hauck & Aufhäuser Privatbankiers Aktiengesellschaft and MainFirst Bank Aktiengesellschaft: McDermott Will & Emery (Frankfurt): Simon M. Weiß (Counsel, lead), Joseph Marx (Capital Markets, Frankfurt), Edwin C. Laurenson (Capital Markets, New York), Nina Siewert and Dr. Heiko Kermer (both Tax, Frankfurt), Dr Alexa Ningelgen and Andreas Herzig (both public law, Düsseldorf); Associates: Anna Steudner and Robert Lindner (both Capital Markets), Tom Young (Tax, Chicago).
About McDermott
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, San Francisco, Seoul, Silicon Valley and Washington, DC. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai. www.mwe.com
