International law firm Bird & Bird advises Material Bank, a US technology and logistics company in connection with its investment in German raumPROBE OHG by way of the acquisition of all partnership interests via its French subsidiary DesignFuture SAS.
Material Bank and DesignFuture SAS provide a platform and other services to facilitate the discovery and sampling of materials and material products for design professionals in the architecture and design industry. They offer the fastest and most powerful way to search and sustainably sample design materials. Executing complex searches across hundreds of brands in seconds, architects and designers can find and order all the material samples they need in one place.
raumPROBE OHG is active in Europe and mainly operates a showroom and a database with material samples as well as the transfer of knowledge about materials to designers, consumers and manufacturers. With the acquisition, Material Bank Design Future SAS enter the European market.
Material Bank/Design Future SAS was advised by the following Bird & Bird lawyers: coordination and lead partner Dr Kai Kerger, counsel Johanna Schindler and associate Simon Wolfheimer (all Corporate/M&A, Frankfurt), partner Dr Barbara Geck and associates Carina Seum and Franziska Fiedler (all Employment, Frankfurt), partner Dr Rolf Schmich and counsel Michael Brüggemann (both Tax, Frankfurt), partner Dr. Michael Jünemann and associate Timo Förster (both Finance & Financial Regulation, Frankfurt) associate Claudia Bischoff-Briel (Data protection, Frankfurt), partner Emmanuelle Porte and paralegal Laura Dauthuille (both Corporate/M&A, Paris).
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