SNB advises Dürkopp Adler on the sale of its stake in H. Stoll AG & Co. KG
Dürkopp Adler AG (formerly known as Shang Gong Europe Holding) has sold its 26 percent minority stake in the Reutlingen-based flat knitting machine manufacturer H. Stoll AG & Co. KG which it had acquired in the beginning of 2016. The shares were sold to the other shareholders of H. Stoll AG & Co. KG. The transaction has been closed on May 21, 2019. With the closing of the transaction, all limited partnership shares of the company will again be family owned. Key advisors at SNB have been our partner Dr. Mark-Alexander Huth and Associate Lawyer Johannes Thies.