WTS and FAS advise mic AG in the run-up to the acquisition of faytech AG

The international tax consulting firm WTS and the financial advisory specialist FAS, part of the WTS Group, have advised mic AG in the run-up to the conclusion of the purchase agreement for the acquisition of faytech AG, one of the leading manufacturers of touch solutions and technologies in the industrial environment.

faytech AG is a globally active company with its roots in Germany (Witzenhausen) and a supplier of industrial touch PCs and monitors, which are installed in point-of-sale (POS) kiosks, ticket machines, fitness equipment or in control modules of industrial machines, among other things. 

In the context of the transaction, the WTS team led by Daniel Blöchle and Axel Wagner provided support with the tax due diligence.

The FAS team of Thomas Kupke provided advisory services in the area of financial due diligence.

The Chinese aspects of the transaction were handled by partner law firm WTS China from the WTS Global law firm network.

Advisory teams:

Tax Due Diligence - WTS Steuerberatungsgesellschaft mbH
Daniel Blöchle (Partner), Axel Wagner (Director, Project Lead Tax), Hendrik Rennert (Manager), Jens Hartmann (Senior Consultant)

Financial Due Diligence - FAS Steuerberatungsgesellschaft mbH
Thomas Kupke (Partner)

Further tax advisors from the WTS Global network:

WTS China