27.12.13

BMH BRÄUTIGAM advises VENTECH S.A. on PICANOVA GmbH participation

BMH BRÄUTIGAM has advised the French Ventech S.A. on a participation in Picanova GmbH.

Picanova, headquartered in Cologne/Germany with offices and production facilities in Riga, Miami and Shenzhen specializes on the design and the manufacturing of a broad range of fully customized and innovative wall decor products such as canvas and aluminium prints. Picanova produces more than 30,000 products per day. Ventech, already existing since 1998, provides further equity to fuel Picanova`s international expansion. Ventech has a focus on European companies active in the digital economy. Companies financed by Ventech represent a turnover of approx. EUR 360 million per year. Ventech has mandated BMH BRÄUTIGAM the first time. With this mandate, BMH BRÄUTIGAM, which has also advised the French Omnes Capital Group (formerly Crédit Agricole)  in almost all VC investments in German companies, has strengthen its position with foreign investors focussing on young and innovative German companies. “Beside the Private Equity business on which we have been focussing ever since, we want to build up our activities in the interesting start-up market which is very important in Berlin”, Jan-Peter Heyer, the advising partner for Ventech and Omnes, says.