Baker McKenzie Advises DBAG Fund VIII on Acquisition of Hipp Technology Group
"Baker McKenzie advised DBAG Fund VIII (managed by Deutsche Beteiligungs AG) on its acquisition of the Hipp Technology Group. The SPA and a shareholders' agreement—reflecting the reinvestment of two sellers—were signed last week in Zurich, with closing expected within two months. Swiss and German Baker McKenzie teams worked closely together (Swiss team handling the SPA under Swiss law, German team drafting the shareholders' agreement and coordinating due diligence). Hipp Technology Group develops and manufactures specialized products for medtech, plant and mechanical engineering, aerospace and automotive customers, and the deal strengthens DBAG’s position in the MedTech sector. Lead legal advisers included Christian Atzler and Dr. Markus Mörtel."