Berlin, 17 August 2023 – A YPOG team co-led by Dr. Martin Schaper and Dr. Johannes Janning advised the Next Generation Group (NGH), on the acquisition of a majority stake in HydroDyn, a renowned technology provider specializing in plastic waste cleaning and purifying. The aim of the strategic partnership is to supply high quality recyclate for a wide range of applications in order to effectively substitute virgin plastics.
HydroDyn will maintain its operational independence in the future but will work closely with NGH and further group companies to make the most of potential synergies. The cooperation enables the companies to pool their competencies and resources to offer holistic and efficient plastics recycling solutions that meet the changing needs of customers.
The Austrian based NGH is driving the circular economy forward with its innovative technologies and is known for its state-of-the-art technologies. This takeover of a majority stake in HydroDyn further strengthens its position as a pioneer in the industry.
Team
Dr. Martin Schaper (Co-Lead, Transactions), Partner, Berlin
Dr. Johannes Janning (Co-Lead, Transactions), Partner, Cologne
Dr. Lutz Schreiber (IP/IT/Data Protection), Partner, Hamburg
Matthias Kresser (Transactions), Partner, Berlin/Hamburg
Dr. Malte Bergmann (Tax) Partner, Hamburg
Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin
Rosa Wizisla (Transactions), Associate, Berlin
Benjamin Müller (Transactions), Associate, Berlin
Matthias Treude (IP/IT/Data Protection), Associate, Hamburg
Laura Franke (Transactions), Project Lawyer, Cologne
Dr. Marius Fritzsche (Partner, Employment)
Matthias Weitnauer (Associate, Employment)
Niclas Hellermann (Partner, Regulatory)
Dr. Charlotte Harms (Principal Associate, Regulatory)
About Next Generation Group
Next Generation Group is a group of companies with more than 20 years of experience and is considered a leading developer and supplier of equipment and technology for the plastics recycling industry. The company supports the growth of secondary raw materials by offering a full range of post-consumer, post-industrial and PET recycling equipment.
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Contact:
Benno Engelmann
T +49 172 2749 689 | E presse@ypog.law
Engelmann Advisory
engelmann-advisory.com
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
