Dr. Lutz Krämer

DMG Mori Seiki AG, 2015
Advising DMG Mori Seiki Aktiengesellschaft on a cooperation agreement with DMG Mori Seiki Co., Ltd as well as a negotiated takeover structure in order to combine both companies and create a world market leader in the machine tools segment. The agreement provides, amongst other things, for the continued operation of significant production sites, the maintenance of jobs and the future corporate governance and aims at a further intensification of the co-operation between the two listed companies.

Hawesko, 2015
Advising the management board of Hawesko Holding AG, the target company, in connection with the unsolicited voluntary public takeover bid of TOCOS Beteiligung GmbH as well as the search for a white knight. Our advice covered the entire capital markets and public takeover law and included in particular the legally required statement of the Hawesko management board on the takeover bid as well as the preparation of an extraordinary general meeting of shareholders in this context.

AIXTRON, 2013
Advised AIXTRON SE on a capital increase from which the company receives gross proceeds of approximately 101 million euros. In an accelerated book-building process, the company issued approximately 10.2 million new shares, an amount equivalent to 10 percent of the current share capital. The shares were admitted to trading without a prospectus in the regulated market (Prime Standard) of the Frankfurt Stock Exchange, and the transaction was managed by BNP Paribas and the German Bank AG as Joint Bookrunners.

DMG Mori Seiki AG (formerly Gildemeister AG), 2009 – 2013
Advised DMG Mori Seiki AG (formerly Gildemeister AG) on all aspects of corporate, capital markets and antitrust law, as the company strengthened its collaboration with the Japanese machine tool manufacturer Mori Seiki. Lutz and his team advised on a non-cash capital increase of approximately €55 million, and a rights issue of approximately €220 million. The Firm also advised on the name change of the two cooperation partners: Gildemeister AG is now named DMG Mori Seiki AG and the Japanese machine tool manufacturer is named DMG Mori Seiki Co. Ltd. The transaction structure raised complex corporate issues under both German and Japanese law. The non-cash capital increase consisted of a contribution of shares in a Japanese company and shares in a US company.

Qatar Holding, 2012
Advised Qatar Holding LLC in connection with the subscription of the mandatory convertible Volkswagen AG (VW). VW decided, on June 11, 2013, to issue mandatory convertible bond of up to €1.2 billion. J. P. Morgan Bookrunnners guaranteed to accept bonds with a total nominal value of €500 million. In addition, Qatar Holding LLC has submitted as an anchor investor a binding order to draw in the placement bonds.

Outokumpu, 2012
Advised Outokumpu Oyj, a leading stainless steel producer based in Finland, on its acquisition of Inoxum, the stainless steel unit of German company ThyssenKrupp, which was valued at €2.7 billion. This complex transaction ranks among the largest ever acquisitions by a Finnish company, and created a new global leader in stainless steel, expanding on Outokumpu's strong industrial tradition in Finland. In connection with the transaction, Outokumpu will conduct a fully underwritten rights offering of €1 billion.