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P+P advised Carl ZEISS on the sale of KLEO Halbleitertechnik GmbH to Manz AG
On June 1, 2015, Manz AG, one of the world's leading high-tech engineering companies with a comprehensive technology portfolio for their three strategic business units "Electronics", "Solar" and "Energy Storage", acquired KLEO Halbleitertechnik GmbH, a portfolio company of the Zeiss Group.
As part of a share deal, Manz AG acquired patents and intellectual property for a special technology developed by KLEO, laser direct imaging (LDI) for printed circuit boards (PCBs). All employees located in the Tettnang location in southern Germany will be retained. The purchase price was not disclosed.
P+P advised the Zeiss Group with the following team in all locations:
- Dr. Michael Inhester (partner, corporate/ M&A, Munich)
- Daniel Wiedmann (counsel, antitrust law, Frankfurt)
- Eva-Juliane Stark (associate, M&A/corporate, Berlin)