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Fieldfisher has advised the shareholders of Loxi GmbH regarding the takeover of the firm by mr.net group GmbH & Co. KG.
Loxi is a leading German provider for digital couponing services. The company operates Germany’s major online platform for discount coupons, www.loxideals.de, which has more than 50,000 registered users. Around 80 % of all brochure special offers in Germany are accessible in digital form via loxideals.de.
By integrating Loxi, the outsourcing provider mr.net group strengthens its strategic business segment of ‘new commerce’, which is based upon payment, advertising and couponing. The company is located in Flensburg, Germany, has 260 employees in six locations and administers the data of around 68 million clients.
Dr. Florian Streiber, partner with Fieldfisher in Hamburg, has advised Loxi comprehensively in all contract and corporate law issues of the deal.
Adviser to Loxi GmbH:
Fieldfisher, Hamburg: Dr. Florian Streiber, (Corporate/M&A), Dr. Philipp Plog, Stephan Zimprich (both IP/E-Commerce)
For further information, please contact:
Hamburg
Dr. Florian Streiber, Partner, Fieldfisher Deutschland LLP +49 (0)40 87 88 69 8 116
London
Louise Eckersley, PR Manager, Field Fisher Waterhouse LLP on 020 7861 4120