12-16-2024News

HEUKING advises edding AG on share buyback

A Cologne-based team led by HEUKING Partner Dr. Thorsten Kuthe legally advised Ahrensburg-based edding AG on a voluntary public share buyback offer. The transaction, which involved listed preference shares, was conducted with M.M.Warburg & CO (AG & Co.) KGaA advising on the banking side.

Founded in Hamburg in 1960, edding AG is renowned for its durable, high-quality products and solutions tailored for both private and commercial use. Its portfolio includes markers and writing instruments, visual communication products – such as flipcharts, whiteboards, and e-screens – as well as innovative digital applications and tattoo ink. In 2023, the company, employing 726 people, generated consolidated revenue of EUR 160.8 million.

Counsel to edding AG
HEUKING:

Dr. Thorsten Kuthe (Lead),
Stefan Westerheide, LL.M. oec.
Miriam Schäfer (all Capital Markets), all Cologne

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