Osborne Clarke has advised Sonoma Internet GmbH (Amorelie) on the takeover by ProSiebenSat.1 Commerce GmbH. Sonoma operates the online shop Amorelie with its seat in Berlin. The e-commerce startup provides erotic lifestyle products. ProSiebenSat.1 has already joined the company in 2014, however the media group now wants to increase its shares and plans to take over the online shop.

ProSiebenSat.1 Commerce wants to increase its stake of 23 per cent to 75 per cent. The transaction is subject to approval from the German Federal Cartel Office.

The Osborne Clarke team that advised on the takeover was led by Partner Nicolas Gabrysch who was assisted by Rudolf Hübner, Lisa Jentschura, Rouven Siegemund (all M&A corporate law), Konstantin Ewald (IT law) and Yann Brugière (labour law).