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Allen & Overy advises the underwriters on congatec’s planned IPO

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Dr Knut Sauer

Partner

Frankfurt am Main

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Marc Plepelits

Partner

Frankfurt am Main

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Olgemoeller Udo Herbert
Dr Udo Herbert Olgemöller

Counsel

Frankfurt am Main

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18 September 2019

Allen & Overy advises COMMERZBANK Aktiengesellschaft and Bryan Garnier & Co Ltd. as Joint Global Coordinators and Joint Bookrunners in connection with the contemplated initial public offering of congatec Holding AG. The company intends to conduct the IPO on the Frankfurt Stock Exchange (Prime Standard), subject to capital market conditions.

The planned offering will consist of a public offering in Germany and institutional private placements, including a private placement in the United States of America, of newly issued ordinary shares with no-par value from a capital increase against contribution in cash. It will also include a placement of shares from existing shareholders in order to enhance the free float and maximize aftermarket liquidity.

Founded in 2004 and headquartered in Deggendorf, Germany, congatec is a pure-play specialist in the embedded computing space with a #1 global market share in the increasingly important computer-on-module segment. The company generated sales of 133 million US dollars in 2018.

The Allen & Overy team is led by partner Dr Knut Sauer and comprises senior associate Nadine Kaemper (both, Equity Capital Markets, Frankfurt). US legal advice is provided by partner Marc Plepelits and senior associate Martin Schmidt (both US Corporate Finance, Frankfurt). Counsel Dr Udo Olgemöller and associate Anna Opel (both Public Law, Frankfurt) are advising on public law matters.