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Latham & Watkins Advises CDH on Investment in WOW Tech Group

March 11, 2020
German team counsels on investment in a premium intimate health and sensual wellness products company.

Latham & Watkins LLP advised CDH Investments (CDH) on the acquisition of a significant interest in WOW Tech Group, a global leader in the premium intimate health and sensual wellness products industry. WOW Tech management and existing investors will 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 sensual health and wellness products.

CDH is a leading alternative assets management firm in Asia with some USD 20 billion of assets under management and offices in Singapore, Hong Kong and Beijing. CDH has part-nered with over 150 companies in consumer and healthcare industries.

Latham advised CDH Investments in the transaction with a team led by Munich partner Rainer Traugott, with Frankfurt partner Susanne Decker, Munich associates Hanno Witt, Anja Schindler, Thomas Diekmann, Hendrik Ley and Andreas Holzgreve. Advice was also provided on tax matters by Munich counsel Ulf Kieker; on finance matters by Munich partner Thomas Weitkamp, associates Ludwig Zesch and Philipp Büchler; on regulatory matters by Frankfurt counsel Joachim Grittmann; on antitrust matters by Frankfurt counsel Jana Dammann and associate Jan Vollkammer, on employment matters by Munich partner Anne Kleffmann and associate Annika Juds. Guidance was also provided by the Hong Kong office.