Munich, April 30, 2012 – The shareholders of Advanced Medical Technologies (AMT AG) sold their shares to Medtronic, Inc. The main shareholders of AMT, Dagmar and Peter Weiland, were advised by the international law firm Milbank,Tweed, Hadley & McCloy LLP regarding all corporate and tax law aspects of the transaction.
AMT has been a producer of innovative products for the treatment of spinal illnesses located inNonnweiler,Germany, for 10 years. Medtronic is the world's largest independent medical technology company and the global leader in the spine market.
AMT was advised on the transaction by partners Martin Erhardt (Corporate/M&A, Munich) and Thomas Kleinheisterkamp (Tax, Munich), and associates Roman Stenzel and Florian Lessniak (both Corporate/M&A, Munich) and Matthias Schell (Tax, Munich).
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm founded in 1866 inNew York City. Today Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, New York, SãoPaulo, Singapore, Tokyo and Washington, DC and is present in all major financial and economic centers of the world. Milbank focuses its worldwide legal services in the areas of finance, transactions and litigation.
The first European office was opened in 1979 in London, followed by Frankfurt in 2001 and Munich in 2004. Due to the close cooperation of the German offices with the finance, corporate, cartel and tax lawyers practicing in other Milbank offices, in particular London and New York, Milbank Germany is in a position to provide fully integrated legal advice on the highest level in all these core areas pursuant to German, English and US law.