Hogan Lovells advises Naxicap and myStromer on merger with Desiknio

Desiknio will be added to the Swiss Stromer group to expand its portfolio with e-bikes that are perfectly suited for urban traffic and shorter distances of up to 15 km.

Naxicap Partners had acquired the Stromer group, a leading manufacturer of Speed Pedelecs, in 2021. A team led by Dr. Christoph Naumann had already advised on the platform acquisition.

The cooperation supports Stromer's goal of becoming one of the leading European providers of individual, advanced mobility solutions and further expanding its leading market position. Desiknio will continue as an independent subsidiary under the leadership of its founder Joaquín López, who is investing in the group alongside Stromer's management. 

Stromer and Desiknio are characterised by a high level of innovation, fully integrated design, leading technology as well as premium quality. Stromer employs around 140 people and currently has over 90,000 customers. 

Naxicap is a long-standing client of Christoph Naumann. The French private equity firm is active in all sectors and focuses on mid-market leveraged buy-puts as well as growth capital. As a leading private equity firm, Naxicap Partners pursues a strategy of supporting the growth of companies with a focus on sustainable products.

Christoph Naumann said:

"We're delighted to have yet again supported Naxicap Partners as well as the Stromer team, this time in close collaboration with our Spanish team in the Madrid office."

Hogan Lovells team for Naxicap Partners

Frankfurt

Dr. Christoph Naumann (Partner), Matthias Strecker (Senior Associate) (both M&A);

Madrid

Graciela Llaneza (Partner), Maria Gutierrez (Associate, both M&A);

Gonzalo F. Gállego (Partner), Inmaculada Lorenzo (Partner) Juan Ramón Robles (Associate) (all Intellectual Property);

Javier Gazulla (Partner, Tax);

Jesús García (Counsel), Olga Albalá Soria (Associate) (both Employment).