Nico Schulz has signed for Borussia Mönchengladbach, the club have confirmed.

Schulz has put pen to paper on a four-year deal that will keep him with Mönchengladbach until the summer of 2019, and joins for a fee of €3 million from Hertha BSC after completing his medical today.

The 22-year-old leaves his boyhood club after 15 years with them, having progressed through the youth system after joining it as a seven-year-old.

Club pleased with transfer

Speaking to Mönchengladbach's official website, sporting director Max Eberl expressed his delight with Schulz's arrival, saying that the club "have been closely following Nico Schulz's development in the last few years," and, therefore, they are "very happy" to have added the player to their team.

Eberl called the new signing "a perfect fit to [the] squad" and cited his versatility as a big reason for this, with Schulz able to "play in attack or defence on the left side."

Despite being only 22-years-old, the former-Hertha man will add experience too, having been a part of the Berlin-based club's first team since he was 17-years-old. Even before that, the midfielder was part of the German national team set-up, playing for the under-16s back in 2008 before going on to represent his country at every level up to the under-21s, where he is still a member of the team.

Mönchengladbach hoping to bounce back from opening weekend defeat

Having suffered a heavy 4-0 loss to Borussia Dortmund on Saturday evening, Mönchengladbach will hope that Schulz can help strengthen the team ahead of their next outing - a home match against 1. FSV Mainz 05 on Sunday.

The team secured Champions League football for the coming season with a third place finish in 2014-15, and will be looking to at least equal that this year, but got their bid for a top four finish off to the worst possible start at the weekend.