Dentons advises KATEK on acquisition of US electronics manufacturer Nextek
Munich —Global law firm Dentons has advised German electronics manufacturer KATEK SE on its acquisition of Nextek, a US-based provider of high-tech and high-value electronics. The transaction expands KATEK’s market presence in North America and strengthens its industry expertise in the security and defence, medical technology, energy, high-end industrial and aerospace sectors. Nextek is a leader in the development of highly complex products for critical applications, particularly in the areas of prototyping and low to medium-volume production, perfectly complementing KATEK Canada (formerly SigmaPoint) as a high volume supplier of complex electronics. Both companies benefit from the strong reshoring trend in North America, which is progressing massively due to the current economic and geopolitical tensions. KATEK Group, headquarters in Munich, is an end-to-end service provider for high-value electronics. The range of services covers the entire product life cycle. From the development of software and hardware, through rapid prototyping of electronic assemblies and production, to subsequent support of the process at the customer’s premises, including logistics, after-sales and service activities. A cross-border Dentons team from Germany and the US advised KATEK on all legal aspects of the transaction. The transaction team was led by Munich-based Corporate and M&A partner Richard Fagerer and associates Maddie Ladner and Jeff Nelson , who regularly advise European-based clients on US M&A transactions and corporate matters. The team also included partner Frank Tepper-Sawicki in Düsseldorf; partner Richard Williams and managing associate Thema Ladd in New York; partners Douglas Ellis , Bruce H. Chiu and Steven A. Harris , and counsel Aleksandra V. Phillips in Pittsburgh; and partner David W. Drum in Alabama. About Dentons Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. www.dentons.com
