Heuking advises TRM on sale of shares in FORTEC Elektronik Aktiengesellschaft
September, 2023 - Germany
A team led by capital market experts Dr. Mirko Sickinger, LL.M. and Sven Radke, LL.M. of Heuking’s Cologne office advised TRM Beteiligungsgesellschaft mbH (TRM) on the sale of a major portion of its shares in FORTEC Elektronik Aktiengesellschaft, Germering (FORTEC). In 2012, the two capital market experts had advised TRM on the acquisition of the shareholding and a related voluntary public takeover offer. TRM has held more than 30% of the shares in FORTEC since 2012. The current transaction reduces TRM’s shareholding to 5.16%. A group of buyers is acquiring 25.07% of the shares from TRM.
FORTEC Group is a leading supplier of individual components and systems in the fields of Display Technology, Embedded Systems, and Power Supplies. FORTEC’s shares are admitted to trading on the Regulated Market of Frankfurt Stock Exchange, Prime Standard segment.
Counsel to TRM Beteiligungsgesellschaft mbH
Heuking Kühn Lüer Wojtek:
Dr. Mirko Sickinger, LL.M. (Lead),
Sven Radke, LL.M.,
Lena Pfeufer,
Franziska Marisa Decker, LL.B., M.A. (all Capital Markets), all Cologne
