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    Eversheds Sutherland advises Ricoh on agreement to acquire DocuWare

    Eversheds Sutherland has advised Ricoh on its definitive agreement to acquire DocuWare, a leading provider of Content Services software. 

    Ricoh, which provides document services, consulting, software and hardware to businesses around the world, has a long-term existing partnership with DocuWare, and employs its software both internally in its own operations and with existing customers. 

    Headquartered in Germany and the United States, DocuWare provides cloud and on-premise document management and workflow automation software to over 12,000 customers in more than 90 countries across the globe through a network of 600 partners.

    The multi-jurisdictional, transatlantic Eversheds Sutherland team was led by international head of corporate Richard Moulton together with Munich-based Anthony Cross, with support from a core team including German Partners Lutz Schreiber (tech/commercial), Manuela Rauch (employment) and US Partner Robert Copps (corporate).

    The team provided advice on all aspects of the deal including M&A, commercial/technology, HR, real estate and anti-trust.

    Richard Moulton commented:

    “We’re thrilled to have supported Ricoh on this transaction – a key part of its strategy to grow its digital workplace transformation offering. Because of the heavily focused German and US elements of this deal, a highly co-ordinated approach was vital. By drawing on a combination of commercial and technical capabilities and experience from across our European and US-based teams, we were able to secure the best outcome for our client. We look forward to continuing to support them on future matters.” 

    James Brown, Group Legal Director, Ricoh Europe PLC, commented:

    “Ricoh is on a journey to become a company that truly empowers digital workplaces. The acquisition of DocuWare enables us to even better meet the needs of our customers around the world who are looking to harness the power of digital to grow their own businesses. Eversheds Sutherland’s excellent communication and proactive approach to co-ordinating activity across multiple geographies while consistently providing valuable advice and guidance was vital throughout the process.”

    The deal is expected to close over Summer 2019, subject to receiving clearance from the relevant competition authorities in Germany and Austria and completion of other customary closing conditions. Following completion of the deal, DocuWare will operate as a subsidiary of Ricoh with Dr Michael Berger and Max Ertl remaining as presidents. 



    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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