CMS advised INDUS on the deal.
SDAX-listed INDUS Holding AG has successfully carried out a capital increase amounting to around 10% of its share capital, making partial use of authorised capital.
The new shares were placed with institutional investors at a price of EUR 36.40 per share in an accelerated bookbuilding process exempt from a prospectus, with shareholder subscription rights excluded. The gross issuance volume was around EUR 85 million.
INDUS Holding AG is a listed private equity firm with an emphasis on long-term development of its portfolio companies. Its industry focus is on construction and infrastructure, automotive technology, engineering, medical engineering and life sciences, and metals technology. In the 2020 financial year, INDUS generated sales of around EUR 1.56 billion. The capital increase provides INDUS with headroom to make further acquisitions in defined sectors with strong future prospects while maintaining stable balance sheet ratios.
The CMS team was led by Dr Richard Mayer-Uellner (Picture) and further included Dr Petra Schaffner, Dr Andreas Zanner, Dr Philipp Melzer, Jörg Baumgartner and Dr Mathias Strasser.
At Indus the inhouse was led by Stephanie Lüdtke.
Involved fees earner: Jörg Baumgartner – CMS Hasche Sigle; Richard Mayer-Uellner – CMS Hasche Sigle; Philipp Melzer – CMS Hasche Sigle; Petra Schaffner – CMS Hasche Sigle; Andreas Zanner – CMS Hasche Sigle; Mathias Strasser – CMS Reich-Rohrwig Hainz;
Clients: Indus Holdings, Inc.;