Hengeler Mueller advises Teleplan on takeover offer by Gilde

29. November 2010

Teleplan International N.V. and AMS Acquisition B.V., a subsidiary of Gilde Buy-Out Fund IV Cooperatief U.A. and Gilde Buy-Out Fund IV C.V., have signed a merger protocol with the aim of strategic cooperation. In this context, AMS Acquisition B.V. has announced a takeover offer for all shares in Teleplan in the amount of EUR 2.5 per share. The major shareholders of Teleplan International N.V., comprising more than 53% of the currently issued and outstanding share capital, have committed to tender their shares within the framework of the takeover offer. The shares of Teleplan International N.V. are registered for trading on the Frankfurt Stock Exchange and listed in the SDAX. The total value of the takeover offer for all shares amounts to EUR 154 m.

Teleplan International N.V. is one of the world’s top suppliers of hightech after-market services for Computer, Communications and Consumer Electronics. Gilde Buy-Out Partners is one of Europe’s leading mid-market private equity investors.

Hengeler Mueller has advised Teleplan International N.V. on this transaction. The Hengeler Mueller team included partners Reinhold Ernst and Bernd Wirbel as well as associates Benjamin Leyendecker-Langner and Christian Bank (all Düsseldorf).

Hengeler Mueller has worked on this transaction in an Integrated Team together with the Dutch law firm De Brauw Blackstone Westbroek.