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)
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