RG Rom Gummi A/S, based in Rom near Lemvig, develops and produces solutions in technical rubber, plastic and foam for virtually all industries. Over the past 2.5 years, RG Rom Gummi A/S has completed three strategic acquisitions that have strengthened their position in the Nordic market for rubber solutions. Attorney and partner Morten Breum-Leer, together with his skilled team of specialists, have assisted RG Rom Gummi A/S in all three acquisitions.
In each of these three M&A transactions, the CLEMENS team has prioritized being available and providing qualified legal advice tailored to RG Rom Gummi A/S' needs in the specific case - even when deadlines were tight.
Furthermore, the mutual trust between CLEMENS and RG Rom Gummi A/S during the processes has been a significant factor in completing three successful acquisitions in such a relatively short time.
Is legal advice essential when both parties agree?
"Without a doubt," says Jesper Berg Kristensen, CEO of RG Rom Gummi A/S, after three strategic business transfers with CLEMENS as legal sparring partner:
"When it comes to business transfers, even small details can make a big difference. That's why it was crucial to have a team that could ensure a solid legal foundation - from contract negotiations to the completion of the transfers."
"Morten and his team have given us the strategic sparring we needed. Their advice has been tailored and precise, and they have been with us all the way - even when deadlines were tight. This has been an essential factor in the entire process all 3 times" says Jesper.
The choice of CLEMENS as trusted advisor in all three processes illustrates how professional and tailored legal advice combined with a flexible approach can support Danish companies with growth ambitions and enable business expansion.
Acquisition of OLET Industrigummi A/S
In 2022, RG Rom Gummi A/S entered into an agreement to acquire OLET Industrigummi A/S, a company with strong competencies in injection molded rubber solutions. With the acquisition, RG Rom Gummi A/S could not only consolidate its position as a supplier of technical solutions in rubber, plastic and foam, but also offer new products and services to both existing and future customers.
CLEMENS' role in the process was, among other things, to provide effective and qualified advice that was carefully tailored to the specific acquisition. CLEMENS' team on this acquisition consisted of Morten Breum-Leer and Gitte Thirstrup. Their approach ensured that focus was kept both on the legal advice and on RG Rom Gummi A/S' commercial interests.
Rub-Tech AS - a strengthening of activities in Norway
In January 2024, RG Rom Gummi A/S acquired the Norwegian company Rub-Tech AS as part of a strategy to strengthen its position in the Norwegian market. Based on the good cooperation in connection with the acquisition in 2022, RG Rom Gummi A/S once again decided to let the process of the acquisition is an example of how targeted advice can ensure optimal results in connection with complex company acquisitions. CLEMENS' team, this time consisting of Morten Breum-Leer and Morten Bangsgaard Kjeldsen, advises the company throughout the process.
CLEMENS played an important role in the execution of the business transfer and assisted RG Rom Gummi A/S with comprehensive legal advice. The team guided RG Rom Gummi A/S confidently through the process, from drafting the contractual basis, to negotiating terms and efficient execution of the final transfer. The result was a smooth and well-structured business transfer, where the buyer's interests were prioritized in a transaction that balanced the commercial and legal requirements within the tight timeframe.
Rubberstyle AS - another acquisition in Norway, and the third in a row
In November 2024, RG Rom Gummi A/S once again expanded its activities in Norway by acquiring Rubberstyle AS, one of Norway's oldest rubber manufacturers, which this year celebrated its 100th anniversary. For decades, Rubberstyle AS has been known for its expertise in rubber molding for the offshore and water industries, among others. The acquisition marks RG Rom Gummi A/S' third company acquisition in two years, and thus also the third good collaboration between RG Rom Gummi A/S and CLEMENS. Focusing on both legal and business needs, the team, consisting of Morten Breum-Leer and Bine Skriver Hedegaard, once again ensured that the business transfer was completed within the agreed framework, while taking care of the many different interests. The schedule was tight, but by being accessible and solution-oriented, CLEMENS ensured that the process was completed efficiently and with respect for both time and the parties involved.
Advice for businesses with growth plans
The three transactions show how choosing a trusted advisor who can provide customized and professionally competent legal advice can help support companies in an acquisition phase or in a sales process. By focusing on creating security and overview throughout the process and being available to provide timely legal advice, we ensure that you as a client achieve optimal solutions, even when schedules are tight.