King & Wood Mallesons advises Sino-German Ecopark Handels- und Beratungs GmbH (Sino-German Ecopark), Munich, with respect to the acquisition of a stake in the German Brokers AG. The shares of German Brokers AG are admitted for trading on the General Standard of the Frankfurt Stock Exchange and are also traded over the counter (Freiverkehr) at the Berlin, Düsseldorf and Stuttgart stock exchanges.

Sino-German Ecopark is a subsidiary of the Chinese state-owned company Sino-German United Group Co., Ltd., Qingdao, China, which is managed by the Huangdao municipality of Qingdao City.

Sino-German Ecopark has acquired a minority stake of 28.16% in German Brokers AG from a group of seven sellers. In addition to the minority stake, Sino-German Ecopark has also received a call option to purchase an additional block of shares totalling 19.23% or to have such block of shares transferred to a designated third party. Simultaneously, the sellers received a corresponding put option. They can jointly sell and transfer the additional block of shares totalling 19.23% to Sino-German Ecopark if Sino-German Ecopark does not exercise its call option within an eight-month period.

"The fact that this transaction has been successfully completed once again demonstrates the strength of KWM as advisor for German-Chinese business ventures," said Dr. Julian Lemor, the lead partner on the transaction.

The advisory team:

Corporate Law

Dr. Julian Lemor (partner), Dr. Sandra Link (counsel, both leads), Dr. Michiel Huizinga (partner), Miriam Gyun-Mie Meixner (associate), Marc Stock (associate), Xin Li (professional support lawyer, all Frankfurt am Main), Guiying Guo (partner), Zhijing Yu (associate, both Beijing, China)

Tax Law

Markus Hill (partner); Dr. Sebastian Matenaer (associate, both Frankfurt am Main)