Hengeler Mueller advises founding family Lacher on increase of interest in Singulus by Triumph
11. February 2019
Triumph Science & Technology Group Co., Ltd (“Triumph”), an indirect subsidiary of the Chinese state-owned group CNBM (China National Building Materials), increased their interest in the listed Singulus Technologies Aktiengesellschaft (“Singulus”) by buying shares from the family of Singulus founder Roland Lacher.
Singulus, listed at the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange and having its registered office in Kahl am Main, develops, manufactures and sells machines and systems worldwide for production processes in the areas of vacuum coating, surface processing and wet-chemical processes for various end applications. The machines are used in different industries, in particular to produce thin-film solar cells.
Hengeler Mueller is advising the family of Roland Lacher on the transaction, as it did already on the sale of the first stake to Triumph in 2018. The Hengeler Mueller team includes partners Changfeng Tu and Christian Möller (both Corporate/M&A, Shanghai), Alf-Henrik Bischke (Antitrust, Düsseldorf) as well as associates Ye Huo, Li Wang (both Shanghai) and Jesco Lindner (Düsseldorf) (all Corporate/M&A).