Clifford Chance has advised a banking syndicate on the successful IPO of Aumann AG at the Frankfurt Stock Exchange.

Aumann AG is a global leader in the production of innovative machinery and automated production lines for electric vehicle components in particular. The company was listed on the regulated market (Prime Standard segment) at Frankfurt Stock Exchange on 24 March 2017.

The IPO issue comprised 5,980,000 shares – 1,500,000 shares from a capital increase and a further 3,700,000 shares held by shareholders selling their holdings. An additional allocation of 780,000 shares was also made available by those shareholders. The issue price amounted to EUR 42.00 per share.

Clifford Chance advised the members of the syndicate (joint global coordinators: Joh. Berenberg, Gossler & Co. KG and Citigroup Global Markets Limited; joint bookrunner: Hauck & Aufhäuser Privatbankiers KGaA) as underwriters' counsel.

The Clifford Chance team comprised partner Dr. George Hacket and counsel Barbora Moring (both Banking & Capital Markets, Frankfurt), partner Dr. Christian Vogel and senior associate Dr. Jochen Buckel (both Corporate, Düsseldorf), partner Dr. Claudia Milbradt and associate Nicolas Hohn-Hein (both IP, Düsseldorf), partner Dr. Felix Mühlhäuser and counsel Olaf Mertgen (both Tax, Frankfurt) and partner François-Xavier Dujardin (Tax, Luxembourg).