Hengeler Mueller advises AudioNova on proposed acquisition of GEERS Group

03. February 2010

AudioNova International – the hearing aid retail subsidiary of the Dutch investment company HAL Investments – and shareholders of GEERS Hörakustik have reached an agreement in principle on the acquisition by AudioNova of a 75% stake in GEERS, the Dortmund-based hearing aid retailer. GEERS operates approximately 450 company-owned stores, mainly in Germany, Switzerland and Poland. As part of the transaction, AudioNova's existing German operations “HörGut” will be combined with GEERS' German operations.

Hengeler Mueller has been advising AudioNova International. The Hengeler Mueller team was led by partners Reinhold Ernst and Thomas Meurer (both Corporate/M&A, Düsseldorf) and included partners Thorsten Mäger (Merger Control, Düsseldorf), Ralph Defren (Financing, Frankfurt), Christian Hoefs (Labour, Frankfurt) and Dirk Uwer (Health Care, Düsseldorf), counsels Mathias Link (Tax, Frankfurt) and Katharina Wodarz (Health Care, Berlin) as well as associates Sven Greulich, Stefan Heutz, Holger Michael Kleinhenz, Philipp Jansen, Benjamin Leyendecker-Langner, Carsten Lammers, Robert Stiefelhagen, Marcel Kielhorn (all Corporate/M&A, Düsseldorf), Susanne Koch (Health Care/Regulation, Düsseldorf), Antje Hagena (Tax, Frankfurt), Hendrik Reffken, Julia Hoffmann (both Merger Control, Düsseldorf) and Steffen Lieske (Labour, Frankfurt).

Hengeler Mueller has advised AudioNova International in an Integrated Team which included the law firms Sołtysiński Kawecki & Szlęzak (Poland), Lenz & Staehelin (Switzerland) and Schoenherr (Hungary).