PwC Legal advises Proto Labs on the acquisition of 3D printing services provider Alphaform
Frankfurt am Main, April 8th, 2016
PwC Legal has provided comprehensive advice to Proto Labs, Inc., a prototype and low-volume production parts manufacturer with global headquarters in the USA and listed on NYSE, on the acquisition of the business operations of the insolvent companies Alphaform AG in Feldkirchen, Germany, and Alphaform Claho GmbH in Eschenlohe, Germany. The transaction took place in October 2015, only a few weeks after the opening of bankruptcy proceedings.
Proto Labs has taken over the business activities of both Alphaform companies in Germany, as well as in the United Kingdom, Finland and Sweden. MediMet Precision Casting and Implants Technology GmbH, a wholly owned subsidiary of Alphaform AG, is, however, not part of the deal.
The Proto Labs Group, which is headquartered in Minnesota/USA, operates in 3D printing, CNC machining and injection molding and can deliver low-volume production and custom prototypes in a minimum amount of time. Proto Labs also has manufacturing and sales offices across Europe and Asia.
As a provider of 3D printing services, Alphaform AG, which was formed in 1996, also manufactures small quantities of production parts using additive processes and injection molding. Its customers operate in the automotive industry, in consumer, in IT, in machinery and plant engineering and medical engineering.
Advisers to Proto Labs Inc.:
PwC Legal Germany:
Denis Bacina, Dr. Dirk Stiller (both team lead), Moritz Gröning, Florian Drach, Ilie Manole (all Corporate/M&A); Dr. Frank Degenhardt, Karsten Scherret, Marc-André Link (all Employment Law); Dr. Alexander Rehs (Regulatory Law); Peter Holzhäuser (Real Estate Law)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC Germany:
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them.
PwC Germany. More than 15,000 dedicated people at 20 locations. €3.05 billion in turnover. The leading auditing and consulting firm in Germany.
