ARQIS advised Johannes Graf Plettenberg, the founder and CEO of WOW Tech Group (WOW Tech), a sex toy manufacturer headquartered in Berlin, in conjunction with the sale of his shares to Singapore-based private equity group CDH Investments (CDH) as well as a subsequent re-investment in the target group.
“In recent years, WOW Tech has worked intensively to build strong relationships and become a reliable and trustworthy partner for retailers worldwide. With CDH, we found an investor that is committed to continuing that path of striving for excellence in our products and services with us. We are very excited and are looking forward to WOW Tech’s ongoing development,” said Johannes von Plettenberg.
The management of WOW Tech and the currently invested German group of investors, advised by RIGETO Unternehmerkapital, remain shareholders in WOW Tech and continue to hold strategic and operative functions.
WOW Tech Group is a world leader in the design, manufacturing, and marketing of premium intimate pleasure products. The WOW Tech team consists of 109 employees from over 20 countries and works in Europe, Asia, and North America. WOW Tech Group brands We-Vibe and Womanizer are available at thousands of retail locations in over 60 countries around the world.
Advisors to WOW Tech Group
ARQIS Rechtsanwälte (Duesseldorf): Dr. Jörn-Christian Schulze (Lead; Corporate/M&A); Counsel: Dr. Stephanie Lenze (Labour Law); Associates: Dr. Maximilian Backhaus (Corporate/M&A), Martin Weingärtner (Arbeitsrecht)