Firm advises shareholders of Loxi GmbH on takeover by mr.net group
26 June 2012
Field Fisher Waterhouse has advised
the shareholders of Loxi GmbH regarding the takeover of the firm by
mr.net group GmbH & Co. KG.
Loxi is a leading German provider for digital
couponing services. The company operates Germany’s major online
platform for discount coupons, www.loxideals.de, which has more
than 50,000 registered users. Around 80 % of all brochure special
offers in Germany are accessible in digital form via
loxideals.de.
By integrating Loxi, the outsourcing provider
mr.net group strengthens its strategic business segment of ‘new
commerce’, which is based upon payment, advertising and couponing.
The company is located in Flensburg, Germany, has 260 employees in
six locations and administers the data of around 68 million
clients.
Dr. Florian
Streiber, partner with Field Fisher Waterhouse in
Hamburg, has advised
Loxi comprehensively in all contract and corporate law issues of
the deal.
Adviser to Loxi GmbH:
Field Fisher Waterhouse, Hamburg: Dr. Florian
Streiber, (Corporate/M&A), Dr. Philipp Plog, Stephan Zimprich (both IP/E-Commerce)
For further information, please
contact:
Hamburg
Dr. Florian
Streiber, Partner, Field Fisher Waterhouse Deutschland
LLP +49 (0)40 87 88 69 8 116
London
Paula Nugent, PR Executive, Field
Fisher Waterhouse LLP on 020 7861 4526
Louise Eckersley, PR Manager,
Field Fisher Waterhouse LLP on 020 7861 4120