GRUENDELPARTNER advises WMS on its investment in IMM

The WMS Growth Fund for SMEs in Saxony has acquired 90 per cent of the shares in IMM electronics GmbH, based in Mittweida, through a joint holding company set up with the three managing directors.

IMM is a medium-sized company operating in the electronic contract manufacturing (EMS) sector and offers a comprehensive range of services, from hardware and software development through design to the prototype and series production of complete devices and assemblies. The company is a globally active, innovative electronics service provider which sees its expertise in its mastery of the entire value chain, from the initial idea through development to production.

GRUENDELPARTNER provided legal advice to WMS in connection with the acquisition of the stake.

GRUENDELPARTNER’s M&A, Venture Capital and Private Equity practice group is one of the most experienced and best-staffed advisory units in Central Germany and supports investors and entrepreneurs through all stages of development, particularly in company formation, business development, corporate financing and all exit processes.