{"id":29224,"date":"2021-10-22T17:29:10","date_gmt":"2021-10-22T15:29:10","guid":{"rendered":"https:\/\/www.gsk.de\/?p=29224"},"modified":"2023-09-15T13:59:24","modified_gmt":"2023-09-15T11:59:24","slug":"gsk-stockmann-advises-italian-wiit-s-p-a-on-the-acquisition-of-german-release-42group","status":"publish","type":"post","link":"https:\/\/gsk.de\/en\/gsk-stockmann-advises-italian-wiit-s-p-a-on-the-acquisition-of-german-release-42group\/","title":{"rendered":"GSK Stockmann advises Italian WIIT S.p.A. on the acquisition of German \u201eRelease 42\u201cgroup"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>GSK Stockmann advised WIIT S.p.A. comprehensively on the acquisitions of Boreus GmbH and Gecko Gesellschaft f\u00fcr Computer und Kommunikationssysteme m.b.H. WIIT with its seat in Milan is a leading European player in the Cloud Computing market, listed on the MTA-STAR Milan segment of the Italian Stock Exchange. Boreus, a cloud provider with its seat in Stralsund, and Gecko, a developer of DevOps software solutions with its seat in Rostock, are part of the \u201cRelease 42\u201d commercial brand currently operated by JBM Technology Deutschland GmbH.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the transaction WIIT continues its expansion in the German market following the acquisitions of the German companies myLoc at the end of 2020 and Mivitec in July 2021. The transaction is part of WIIT\u2019s acquisition-led growth strategy, the \u201eCloud4Europe\u201c project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">WIIT has signed two agreements to fully acquire the shares of Boreus and Gecko. The price for the two acquisitions has been set at approx. Euro 77.7 million, a part of which will be settled through WIIT shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GSK Stockmann advised WIIT comprehensively alongside WIIT\u2019s Italian legal counsel Pedersoli Studio Legale. GSK covered all German legal aspects of the transaction including a comprehensive legal and tax due diligence, structuring of the acquisition from a corporate and tax perspective and banking law aspects concerning the stock consideration component of the purchase prize.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Advisers of WIIT:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>GSK Stockmann<\/strong>: Jens Uwe R\u00fcgenhagen (lead, Corporate), Dirk Koch, Heiko Stoll (both Tax), Alma Franke (Banking &amp; Finance), Martin Hossenfelder (IP\/IT); Associates: Lukas Faron (Corporate), Nicole Deparade, Bj\u00f6rn Christ (both Employment law), Sebastian Gerhards, Felix Schill (Tax), J\u00f6rg W\u00fcnschel, Thomas Zoppelt (both IP\/IT)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GSK Stockmann advised WIIT S.p.A. comprehensively on the acquisitions of Boreus GmbH and Gecko Gesellschaft f\u00fcr Computer und Kommunikationssysteme m.b.H. WIIT with its seat in Milan is a leading European player in the Cloud Computing market, listed on the MTA-STAR Milan segment of the Italian Stock Exchange. <\/p>\n","protected":false},"author":32,"featured_media":40287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[402],"tags":[],"ausgabe":[675],"verknuepfung":[763],"class_list":["post-29224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deal-news","ausgabe-gsk","verknuepfung-corporate"],"acf":{"ansprechpartner":[{"anwalt":1005}],"postdownloads":[{"download":false,"anzeigetitel":"Download"}],"standard_text":true,"custom_text":false,"pressekontakt":{"email":"","phone":""}},"info":{"date":"22.10.2021","author":"GSK Sysop","categories_names":["Deal News"],"category":"Deal News"},"wpml_main_post_id":29224,"featured_img_src":"https:\/\/gsk.de\/wp-content\/uploads\/2021\/10\/Ruegenhagen_Jens_Uwe_1985x1280px-1024x660.jpg","_links":{"self":[{"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/posts\/29224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/comments?post=29224"}],"version-history":[{"count":1,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/posts\/29224\/revisions"}],"predecessor-version":[{"id":45123,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/posts\/29224\/revisions\/45123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/media\/40287"}],"wp:attachment":[{"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/media?parent=29224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/categories?post=29224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/tags?post=29224"},{"taxonomy":"ausgabe","embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/ausgabe?post=29224"},{"taxonomy":"verknuepfung","embeddable":true,"href":"https:\/\/gsk.de\/en\/wp-json\/wp\/v2\/verknuepfung?post=29224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}