Ferox Legal advised the shareholders of WeButex Kunststoffbearbeitung GmbH on its sale of a majority share in its business to LERG S.A. GORG advised LERG on the acquisition.
WeButex is a German company that was founded in 2008. It has more than 120 employees and is a leader in thermoset laminates. The company was founded in Roding in 2008 as a startup. It has since grown to be a leader in the field with clients in Europe and Asia.
LERG Group, one of Poland’s biggest resin manufacturers, is engaged in developing and manufacturing phenolic resins and epoxy resins used to produce technical laminates and chemicals. In 2020, LERG acquired IZO -ERG – a longtime partner of WeButex, and one of Europe’s most renowned technical laminate companies. In this most recent transaction, LERG acquired 76% of WeButex.
Ferox Legal provided shareholders of WeButex with legal advice through a team headed by Dr Johannes Weisser.