Munich — Latham & Watkins LLP advised CDH Investments (CDH) on the acquisition of a significant stake in WOW Tech Group, a leading global provider of premium sensory health and wellness products. The management of WOW Tech Group as well as the existing investors will remain shareholders of WOW Tech Group and will continue to hold strategic and operational functions. WOW Tech Group was advised by ARQIS Attorneys at Law .
As one of the world’s leading suppliers, WOW Tech Group specializes in the development, manufacture and marketing of high-quality products for lovemaking.
CDH, with offices in Singapore, Hong Kong and Beijing, manages assets of approximately USD 20 billion. The company has investments in over 150 companies focused on consumer goods and healthcare industries.
Latham & Watkins LLP advised CDH with the following team:
Dr. Rainer Traugott (Partner, Lead, Munich), Susanne Decker (Partner, Frankfurt), Hanno Witt, Dr. Thomas Diekmann, Dr. Hendrik Ley, Anja Schindler, Dr. Andreas Holzgreve, (all Associate, Private Equity), Dr. Ulf Kieker (Counsel, Tax), Thomas Weitkamp (Partner), Ludwig Zesch, Philipp Büchler (both Associate, all Banking and Finance, all Munich), Joachim Grittmann (Counsel, Regulatory, Frankfurt), Dr. Jana Dammann (Counsel, Hamburg) Jan Vollkammer (Associate, both Antitrust, Frankfurt), Anne Kleffmann (Partner), Annika Juds (Associate, both Labor Law, Munich) as well as lawyers from Latham’s Hong Kong office.
Advisors WOW Tech Group: ARQIS Rechtsanwälte (Düsseldorf)
ARQIS advised Johannes Graf Plettenberg, the founder and CEO of WOW Tech Group (WOW Tech), a Berlin-based sex toy manufacturer, in connection with the sale of his business shares to Singapore-based private equity group CDH Investments (CDH) and his subsequent re-investment in the target group.
Dr. Jörn-Christian Schulze (Lead; Corporate/M&A); Counsel: Dr. Stephanie Lenze (Labor Law); Associates: Dr. Maximilian Backhaus (Corporate/M&A); Martin Weingärtner (Labor Law)