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International regulation agency Bird & Bird has guided American logistics and expertise firm Material Bank, in its acquisition of raumPROBE, the German materials company home to a bodily and digital materials database of the supplies utilized in design and structure from across the globe.
The Bird & Bird Frankfurt crew that suggested Material Bank with this acquisition was led by companion Dr Kai Kerger and included mergers & acquisitions consultants companion Emmanuelle Porte, affiliate Simon Wolfheimer and counsel Johanna Schindler. The crew additionally included finance, tax, employment, knowledge safety, and mergers and acquisitions consultants.
Material Bank’s CEO and founder Adam Sandow stated: “We noticed quick synergies within the revolutionary means raumprobe has linked architectural manufacturers with architects during the last 18 years, and we could not be extra excited in regards to the profound influence this acquisition could have on the expansion and strategic positioning of the Material Bank inside the structure and design neighborhood in Europe.”
Hannes Bäuerle and Joachim Stumpp will proceed to run raumPROBE’s present business and act as Material Bank’s managing administrators for the DACH area.
