Dr. Stefan Duhnkrack, Partner at the Hamburg office of business law firm Heuking Kühn Lüer Wojtek, advised Apriori Beteiligungen GmbH on taking out a minority holding in SIUT GmbH. This is Apriori’s first investment in a start-up company. The proceeds will serve to expand SIUT Lichtfaserbeton and market new products.
Apriori Beteiligungen GmbH is an investment company financed by eight Hamburg-based merchants. In its investments, the company focuses on medium-sized companies in northern Germany with revenues of up to EUR 20 million per year.
SIUT Lichtfaserbeton is a scientific spin-off of Berlin Technical University in the field of building materials and construction chemicals. SIUT develops and markets a composite material, which allows it to integrate specific light points in concrete. When turned off, the light points are neither palpable nor visible. The company has conducted research jointly with the University since 2012 and made its official market entry in 2015.
Counsel to Apriori Beteiligungen GmbH
Heuking Kühn Lüer Wojtek:
Dr. Stefan Duhnkrack (Corporate), Hamburg