Orrick Advises Ringmetall on Drafting of Prospectus for Up-Listing to Regulated Market

August.03.2018

Deutsch: Orrick berät Ringmetall bei Prospekterstellung für Wechsel in den regulierten Markt

Orrick advised Ringmetall AG and ODDO BHF AG on the drafting of a prospectus for an up-listing from the open market (Segment Scale) to the regulated market (General Standard) of the Frankfurt Stock Exchange.

With the approval of the securities prospectus by the Federal Financial Supervisory Authority and the admission of stocks to the regulated market, the quotation in the General Standard was approved on July 31, 2018. The up-listing has been supported by ODDO BHF AG.

Ringmetall AG is a leading international specialist in the packaging industry that develops, produces and markets product solutions for applications in various sectors through its industrial packaging and industrial handling divisions. In addition to the corporate headquarters in Munich, the company has branches in the UK, Spain, Italy, Turkey, the Netherlands, China, and the USA. On a global scale, Ringmetall generates revenues of more than €100 million per year.

The Orrick team advising Ringmetall AG was led by Munich-based Capital Markets partner Timo Holzborn, who regularly advises clients on IPOs and other capital markets transactions. The team also included partner Stefan Schultes-Schnitzlein (Tax, Düsseldorf) as well as associates Olexiy Oleshchuk (Capital Markets, Munich) and Karl Ehrenberg (M&A and Private Equity, Munich).