Frankfurt—Global law firm Dentons has advised Dutch company Royal Reesink on the acquisition of Germany’s AM Group in the growing market of automated warehouse systems. The deal expands Royal Reesink’s warehouse automation and equipment business into Germany and other countries in which the group already operates. The parties have agreed not to disclose the acquisition price.
AM Group, which is based in Offenau, Germany, offers automated storage solutions and transport systems, together with its subsidiaries AM Automation GmbH and AM Lagertechnik GmbH. Reesink will draw on AM Group's 30 years of experience in automated warehousing to expand its own portfolio in this area. Due to the strong growth of e-commerce and the transport and logistics industry in general, there is rising demand for automated warehouse system solutions.
Royal Reesink is one of the largest distributors of high quality storage equipment, machinery and equipment for the agricultural, landscaping and construction industries. Founded in 1786, the company has its headquarters in Apeldoorn, the Netherlands, and employs 1,735 people. Key markets for Reesink are the Netherlands, Belgium, Germany, the United Kingdom, Kazakhstan and Turkey.
A Dentons team led by Sven-Oliver Friedrich advised Reesink on all legal aspects of the M&A transaction, including antitrust law, and assisted in purchase agreement negotiations. Mr. Friedrich has a long-standing client relationship with Reesink and regularly advises the company on M&A transactions within and outside Germany.
Advisors to Royal Reesink:
Dentons (Frankfurt/Berlin): Sven-Oliver Friedrich (Lead Partner), Lin Liu (Senior Associate), Dr. Anja Schlepper (Senior Associate), Ariane Theissen (Associate, all Corporate / M&A), Sabine Wieduwilt (Partner, Frankfurt), Samira Bouzakri (Associate, both Real Estate), Michael Graf (Partner, Tax), Dr. René Grafunder (Partner, Berlin), Anna Ritte (Senior Associate, both Competition and Antitrust), Frank Lenzen (Partner, Frankfurt), Wiebke Schulz (Frankfurt, Associate, both Employment), Heiko Heppner (Partner), Max Leon Dalheimer (Associate, both Litigation and Dispute Resolution, both Frankfurt)
