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FGvW advises on the sale of Ratio Elektronik to MADIC Group

MADIC HOLDING SAS, the parent company of the French MADIC Group, has completed the acquisition of all the shares of Ratio Elektronik GmbH ("Ratio Elektronik"), based in Ravensburg, Germany.

The shareholder and managing director of Ratio Elektronik, Othmar Nussbaum, was legally advised in this transaction by our M&A team led by Hendrik Thies. Furthermore, the strategic, commercial and organizational M&A transaction advisory to the shareholder was provided by MNI Partners LLC (MNI Partners) under the lead of Dominik Lutz. FGvW and MNI Partners frequently advise together successfully in the interests of their clients on complex and often international M&A projects. Roland Seiler (tax advisor and chartered accountant) provided tax advice to the shareholder.

Ratio Elektronik GmbH is based in Ravensburg and develops, manufactures and sells  payment and management solutions for the German and Austrian petrol station market. Othmar Nussbaum, based in the Kanton Aargau in Switzerland, became a shareholder in Ratio in 1997 and took over all shares of the company in 2004. Under his ownership the company was transformed into an innovative, reliable and well respected solutions provider to the industry (for more information: https://www.ratio-elektronik.de/). Mr. Nussbaum decided to hand over the company to MADIC, based on a common understanding of the market and customer needs and a very similar DNA of the two companies.

MADIC HOLDING SAS is the holding company of the MADIC group. The MADIC Group is a French family-owned group based in Nantes. Founded by Christian Blossier in 1971, the company has been in existence for 52 years and has a worldwide presence thanks to its 30 industrial and service sites. It employs around 1,400 people. The MADIC Group is developing its international expertise in the fields of energy and the automotive environment, contactless payments and the datalized customer journey (for more information: https://groupe.madic.com).

This acquisition is a further step in the MADIC Group's strategy to expand geographically and strengthen its range of products and services. With this transaction, MADIC aims to reinforce its commitment to its customers by further developing its solutions offering for the international energy distribution and retail management markets.

Advisors to the shareholder and the managing director of Ratio Elektronik GmbH

Dr. Hendrik Thies, Partner (lead, Corporate, M&A)
Ron Fahlteich, Associate (Corporate, M&A)
Dr. Friederike Schäffler, Partner (Real Estate)
Stephanie Mayer, Local Partner (Employment)


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