Frankfurt am Main, 23 December 2019
On November 29, 2019 Hevella Capital GmbH & Co. KGaA published its offer to acquire all outstanding shares of NeXR Technologies SE (fka Staramba SE) which it does not already own.
Ludwig & Co. advised NeXR on the offer and provided a Fairness Opinion to the Management of the Company.
Details on the Offer can be found here: https://www.hevella-angebot.com/
The Reasoned Opinion of the Managing Director and the Board of Directors is published here:
Ludwig & Co. acted as M&A advisor.
Dr. Thomas Ludwig (Managing Director)
Hendrik Becker (Managing Director)
Thomas Ruland (Vice President)
Nicolas Kastner (Analyst)
About NeXR Technologies
NeXR Technologies stands for the development of technologies and apps of the future generation. The combination of Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR) form the extended reality (XR).
While VRIDAY as an agency offers consulting, planning, implementation and publishing of VR Experiences for companies and brands, the technology of the business field 3D Instagraph is used for the creation of 3D avatars, which can be animated and integrated into virtual worlds with the help of the Motion Capture Studio OnPoint. 3D Instagraph develops and distributes its own 3D scanners and application software. With the help of the scanners photorealistic 3D avatars can be generated in seconds. NEXR Technologies connects the know-how of its three business areas scanning, motion capture and agency for VR Experiences to get the best product for companies, brands, educational institutions and others.
About Ludwig & Co.
Ludwig & Co. is one of the Top 10 Investment Banks in the German mid cap market.