The international law firm network unyer has provided comprehensive legal support to electrovac AG on its successful IPO on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange on 30 April 2026. Under the lead management of Luther, two further unyer member firms, Fidal and KWR, participated in the transaction. The electrovac share celebrated its stock market debut on the same day with an opening price of EUR 7.50 per share and a current market capitalisation of approximately EUR 120 million.

The IPO of electrovac AG is an impressive example of cross border collaboration within the unyer network. Luther led the overall mandate and coordinated the work across jurisdictions. Fidal, led by Anne Fréchette-Kerbrat (Partner) and Dr. Nicolas Boucant, conducted the legal due diligence on electrovac’s French subsidiaries. KWR, represented by Prof. Dr. Jörg Zehetner (Partner) and Mag. Anika Kollar, was responsible for the Austrian subsidiaries. Together, the teams ensured seamless and coordinated advice across all relevant jurisdictions.

An experienced team from Luther, led by Philipp Dietz and Thomas Weidlich, advised electrovac AG on all key legal aspects of the IPO. The scope of advice included, in particular, a comprehensive legal due diligence of electrovac AG and its domestic and foreign subsidiaries, the drafting of the offering prospectus and management of the approval process with BaFin, the preparation and negotiation of all transaction documentation, as well as corporate law advice in connection with the cash capital increase and all related corporate measures. In addition, the team coordinated the capital markets law requirements for admission to the Prime Standard and ensured full capital markets compliance. The lead underwriters for the transaction were BankM AG and B. Metzler seel. Sohn & Co. Aktiengesellschaft.

electrovac intends to use the gross proceeds primarily to expand its international production capacities, in particular to expand its site in Thailand, establish production in China and invest in the US market. Investments in research and development are also planned.