Clifford Chance advised Joh. Berenberg, Gossler & Co. KG, Citigroup Global Markets Limited and Hauck & Aufhauser Privatbankier KGaA as underwriters in connection with a capital increase by Aumann AG.

Aumann is a global leader in the production of innovative machinery and automated production lines with a focus on electric vehicle components.

The capital increase comprised 1.25 million newly issued shares, which were placed to investors in a private placement at a price of EUR 64.00 per share, raising EUR 80 million in gross proceeds. Trading in the new shares on the Frankfurt Stock Exchange commenced on 7 December 2017.

The Clifford Chance team comprised partner Dr. George Hacket, counsel Barbora Moring and associate Andrei Manea (all Banking & Capital Markets, Frankfurt) as well as partner Dr. Christian Vogel and associate Maria Luisa Kohler (both Corporate, Dusseldorf).

In March 2017, Clifford Chance had already advised the syndicate banks on the successful IPO of Aumann at the Frankfurt Stock Exchange.