Triumph Science And Technology Group Company, Llc signed a purchase agreement to acquire 16.85% stake in Singulus Technologies AG (DB:SNG) from Familie Roland Lacher Vermögensverwaltung Gmbh on January 2, 2018. Triumph Science will acquire around 1.5 million shares of Singulus in the transaction. As of September 21, 2018, Triumph Science acquired around 13.11% stake in Singulus Technologies and will acquire the remaining stake in second step. The transaction remains subject to approval by Chinese government agencies and the relevant competition authorities and other conditions precedent. It is expected that the approvals will be granted over the coming months. The transaction is expected to take place in the near future. Christian Cascante, Jochen Tyrolt, Sava Kasaliyski, Simon Dewes, Daniel Heck, Florian Schorn, Jan Rasmus Roßkamp, Iris Benedikt-Buckenleib and Tobias Klemm of Gleiss Lutz acted as legal advisors for Triumph Science And Technology Group Company. Changfeng Tu, Christian Möller and Alf-Henrik Bischke of Hengeler Mueller Partnerschaft von Rechtsanwälten mbB acted as legal advisor to Familie Roland Lacher Vermögensverwaltung.