GÖRG advises PAX Global Technology Limited on joint venture with CCV Group B.V.
[Frankfurt, ] GÖRG Partnerschaft von Rechtsanwälten mbB has advised PAX Global Technology Limited, a leading provider of electronic payment terminal solutions and related services, on its joint venture with CCV Group B.V., one of the largest payment service providers and suppliers of payment solutions in Europe.
The joint venture will enable both companies to not only have better access to each other's geographical and business sector markets, but also allow for reciprocal exchange of expertise, market knowledge as well as development and production capacity. The joint venture is expected to significantly accelerate the development of new payment technology. Furthermore, in view of the huge potential in the self-service markets, the joint venture will also concentrate its efforts towards new solutions for self-service markets.
In recent years, through its Frankfurt-based team headed by Florian Wolff, GÖRG has successfully established its practice in offering comprehensive advice to clients from the Asia Pacific and Southeast-Asian regions on their investment projects in Germany and the EU.
Advisors PAX Global Technology Limited
GÖRG Partnerschaft von Rechtsanwälten mbB
Florian Wolff, Partner (lead), M&A, Frankfurt;
Dr. Adalbert Rödding, Partner, Tax, Cologne;
Dr. Oliver Spieker, Partner, IP/IT, Berlin;
Dr. Maximilian Lentz, Associate, Corporate/ M&A, Frankfurt;
Kaiyan Yeo, China Desk, Corporate/ M&A, Frankfurt
Advisors CCV Group B.V.
Graf von Westphalen
Felix Wolf, LL.M., Maître en Droit, Associated Partner, Munich
About PAX Global Technology Limited
PAX Global Technology Limited (Stock Code: 00327.HK) is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its excellent service and proven market-leading position, PAX is one of the fastest growing suppliers in the payments industry with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide sales network.
About CCV Group B.V.
CCV offers a range of in-store payments solutions, advanced online solutions and self-service payment terminals throughout Europe. They support customers in creating an optimal omni-channel shopping experience, enabling consumers to pay online, in-store, by card or via smartphone.