I was delighted to join the Scottish Business Minister, Paul Wheelhouse, on a trade delegation to Munich in October. The Munch entrepreneurial ecosystem is more focussed on B2B when contrast with Berlin (B2C), Frankfurt (Fintech) or Cologne (Insurtech). It was fascinating to see the differences and similarities between what is going on in Edinburgh and London. The delegation visited the Economic Ministry, incubators and universities as well as paying a visit to IBM’s Watson Internet of Things Global HQ (in Munich’s tallest Building) and BMW HQ, offering a fascinating insight into the future of motoring.
We have made some very useful some contacts in Germany with a view to being able to help some of our clients take their businesses to the heart of the European economy; and to try to encourage German businesses back to the UK. Particular thanks is due to David Scrimgeour MBE for all of his work in developing British-German business relations and helping to organise the trade mission to Munich.
Germany remains Europe's biggest economy, and will no doubt be a strong source of technical innovation in the future. Brexit has, no doubt, caused a number of businesses to question where they should be based, and into which markets they should expand. There will certainly be British businesses which want access to the European market, and Germany seems a logical choice for most tech businesses.
MBM looks forward to helping more investors and entrepreneurs to get into Germany – or equally to help German businesses to set up a presence in the UK. We have acted for a number of German institutions in the past and we see this as an exciting opportunity in a post Brexit environment. We now have three fluent German speakers within the corporate team and I used to work in the London office of a well-known German law firm. Do get in touch with me if you have a German interest.
For further details on the above, please contact:
Partner and Head of London Office
0203 096 0112