Ferox Legal advised the shareholders of WeButex Kunststoffbearbeitung GmbH on its sale of a majority share in its business to LERG S.A. GÖRG advised LERG on the acquisition.
WeButex, a German company founded in 2008, is a leading manufacturer of thermoset laminates with more than 120 employees. Since its establishment in Roding as a start-up, the company has risen to become an international leader in its field, with products sold to clients across Europe and Asia.
LERG Group is one of Poland’s largest resin manufacturers, whose activities include developing and manufacturing phenolic and epoxy resins for use in the production of technical laminates and chemical products. In 2020, LERG also acquired IZO-ERG, a long-time partner of WeButex and one of Europe’s best-known technical laminate companies. This most recent transaction has seen LERG acquire 76% of WeButex.
Ferox Legal advised WeButex’s shareholders with a team led by partner Dr Johannes Weisser, LL.M.