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YPOG advises momox on SE conversions

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Berlin – A YPOG team led by Martin Schaper provided corporate law advice to momox, Europe's leading re-commerce company, on the conversions of momox Holding AG and momox AG into European Companies (SEs).

As a result of the conversion measures, the momox group will have a two-tier SE group structure in the future, which underlines the international orientation of momox and optimally fulfills the requirements of the company and its shareholders for an efficient corporate governance structure. In structuring the participation agreements, solutions were found that, on the one hand, allow for a balanced consideration of the interests of the employees and their representatives and, on the other hand, provide the company with a maximum of efficiency and legal certainty.

momox is thereby consistently continuing its course of internationalization. Recently the company expanded into two additional markets, Spain and Italy. Beyond that the Re-Commerce market leader sells its Second hand commodity also world-wide to customers, as for example in the USA and Canada.

Since its founding in 2004, momox has bought and resold more than 315 million used books, media items and clothing and employs more than 2,200 people at four locations.

Advisors momox:

Corporate 

Dr. Martin Schaper (Lead; Corporate), Partner, Berlin 

Pia Meven (Corporate), Associate, Berlin 

Matthias Kresser (Corporate, Finance), Associated Partner, Berlin 

 

Arbeitsrecht 

Dr. Tobias Pusch (Lead; Arbeitsrecht), Partner, Berlin 

Meike Christine Rehner (Arbeitsrecht), Partnerin, München 

Eckbert Müller (Arbeitsrecht), Partner, Berlin   

 

About momox:

Momox AG is the leading re-commerce company in Europe. momox buys used books, media items and clothing from private individuals at a fixed price. After comprehensive quality checks, the items are resold via the online stores medimops and momox fashion as well as online marketplaces.

Since the company was founded in 2004, more than 250 million items have been bought and resold to almost 20 million customers. In 2020 momox generated annual sales of 312 million euros. Worldwide, momox is the largest retailer of used goods on Amazon and number three on eBay.

 

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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

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