Milbank LLP advised EMZ Partners (“EMZ”), a leading European private equity company, on the acquisition of a majority stake in imes-icore Holding GmbH (“imes-icore” or the “Company”). In addition to EMZ, founder and CEO Christoph Stark, CFO/COO Christian Müller, as well as further members of the management team of imes-icore remain/become significant shareholders in the Company. The transaction, subject to regulatory approvals, is expected to close within the next two months.
imes-icore is one of the world’s market leaders in digital, dental CAD/CAM production systems with locations in Germany, the US, and Southeast Asia. The Company designs, develops, and manufactures dental milling systems, accompanied by a broad portfolio of aftersales services , including materials, tools, milling services, and competence and service centers.
EMZ is a leading European investment firm with offices in Paris and Munich. The firm focuses on small-to-medium-sized companies and offers flexible capital solutions in strong partnership with founders, family shareholders, and managers. EMZ is majority-owned by its own employees and has a base of European institutional investors. The current fund has a volume of more than 1.3 billion euros, and its investment size ranges from 10 to 200 million euros.
Milbank comprehensively advised EMZ on all corporate, tax and structuring aspects (including the contemplated management incentive scheme) of the transaction.
The Milbank team was led by partner Michael Bernhardt (Corporate/M&A) and included partners Matthias Schell (Tax), Leopold Riedl (Corporate/M&A) and Alexander Rinne (Antitrust) as well as associates Sarah-Maria Resch, Steffen Post, Steven Buschle, Lana Bierstedt (all Corporate/M&A), Arne Hammerich, Jil Windau (both Tax), Anna Merkl (Finance) and Marlies Zeck (Antitrust).
