Back

Clifford Chance advises banking syndicate on the IPO and listing of Cherry AG’s shares on the Frankfurt Stock Exchange

Cherry is a globally leading manufacturer of high-end switches for mechanical keyboards and of computer input devices. Cherry’s products are used in a variety of settings, mainly for gaming, office, industry, cybersecurity protection as well as telematics solutions for healthcare practices.

Cherry’s gross proceeds of around EUR 138 million will be used to fuel organic growth, to drive inorganic growth through selective acquisitions and to repay outstanding debt.

Hauck & Aufhäuser acted as sole global coordinator and joint bookrunner together with ABN AMRO and M.M.Warburg & CO as joint bookrunners.

The Clifford Chance team comprised partner George Hacket, partner Philipp Klöckner, counsels Nico Feuerstein (all Frankfurt) and Axel Wittmann (Munich), as well as senior associate David Santoro (Frankfurt) and associates Thomas Conradi (Munich) and Maks Mencin (Frankfurt, all Banking & Finance).

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Lawyers and firms: get featured on Legal Desire

Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.

Get featuredSubmit a press release
See the full deal record on DealDatabase
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
Legal Desire Press
https://legaldesire.com/about-us/
Our editorial team that covers judgments, deals, law firm updates, careers and policy across the globe. Coverage is editorially independent; sponsored posts are labeled Partner Content.

Leave a Reply

Your email address will not be published. Required fields are marked *