Law firm Noerr has advised Augusta Technologie AG (Munich) on a squeeze-out under merger law. At an extraordinary general meeting of Augusta, the transfer of the shares of the minority shareholders to the main shareholder TKH Technologie Deutschland AG was approved with reasonable cash compensation.
The squeeze-out and the merger of Augusta into TKH will become effective on entry in the Commercial Register.
Noerr’s team was led by Dr Michael Brellochs and Dr Tobias Bürgers. The law firm acted for Augusta regularly in recent years and advised the company throughout the entire takeover process by the TKH Group in 2012. Noerr frequently deals with public takeovers and squeeze-outs, most recently on behalf of ADCURAM in the acquisition of the listed Bien-Zenker AG and the subsequent merger law squeeze-out and the acquisition of GBW AG by Patrizia and the subsequent corporate law squeeze-out.