UK: Fenners Seals Vending Distribution Deal For condomi A.G.
Last Updated: 22 November 2001

The company commercial team at Fenners has closed a long-term distribution deal for condomi A.G. with Matrex Services Limited. The deal will allow condomi products to be sold via 15,000 vending machines throughout the United Kingdom and the Republic of Ireland.

Condomi is Europe’s largest manufacturer of condoms - its annual production is anticipated to reach 720 million condoms in early 2002 - and has been listed on the Frankfurt Stock Exchange since 1999. It was founded in Germany in 1988 by three entrepreneurs and has grown into a brand leader with over 400 employees.

The Fenners team was led by Adam Fenner who said: "This deal will position condomi as the second largest condom brand owner in the vending market in the UK. This is an exciting move into the UK market for condomi which builds on its success in the UK retail market and its position as key supplier to the NHS."

Hermann Gern, managing director of condomi international GmbH, said: "We have taken an important step in establishing condomi as a leading condom brand in the UK. Fenners played a key role in achieving this vital distribution deal for us. Their practical commercial approach was fundamental to this successful outcome."



Notes to editors:


Fenners is a specialist City law firm that was formed in 1994 to provide senior level advice and expertise through a combination of technical excellence and a thorough understanding of commercial and business issues. Fenners acts for banks, brokers, listed companies, established businesses and growing companies that command leading positions in their respective industries. The firm has extensive knowledge in areas such as corporate and commercial law (including corporate finance and mergers & acquisitions), technology law, banking and property law.

Fenners is recommended as a leading law practice in the Legal 500, which is promoted as the clients' guide to the UK legal profession.

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