Case Study: MG Technologies achieves a €2.7B accelerated sale and faster due diligence with IntraLinks

MG Technologies - Customer Case Study

MG Technologies, a German manufacturer, needed to divest its chemical business—six assets with thousands of documents spread across countries—while engaging more than 170 potential buyers in Europe and North America. Faced with a time-sensitive target of over €2 billion and the lengthy timelines of traditional physical data rooms, the company required a faster, more efficient due diligence process.

MG used Intralinks’ secure virtual data room to centralize documents, streamline administration and provide 24/7 access to bidders; more than 1,000 lawyers, advisors and experts conducted due diligence online. The sale closed in May 2004 for €2.68 billion—at the top of expectations—completed in four months and two months ahead of schedule, with real-time reporting helping MG identify buyer interests and secure top value for shareholders.

MG technologies