Commercial, corporate and M&A in Denmark
The 'business and solution-oriented' team at Accura Advokatpartnerselskab is noted for its work on big ticket M&A transactions. Recent examples include Kåre Stolt advising a PFA-led consortium on its €1.5bn acquisition of a minority stake in Nykredit, Thomas Weincke assisting Tryg with its €1.1bn acquisition of Alka Forsikring, and Henrik Juul Hansen acting for Lone Star Capital on its €1bn acquisition of Stark. Jacob Vinther and Mads Ilum are also key practitioners; Vinther advised the founding family behind Gubi on the divestment of the company to Axcel and the Augustinus Foundation, and Ilum acted for Polygon on its acquisition of Dansk Bygningskontrol. The practice also gained Tue Ravnholt Frandsen and Torben Nørskov from Plesner in late 2019.
The department at Bech-Bruun consists of 'excellent negotiators', who are 'skillful' and 'have a no-nonsense approach that drives the whole M&A process forward'. The 'outstanding and always available' Steen Rode 'acts quickly when needed' and heads up the practice, which also includes Søren Kamp Nørbæk, who focuses on cross-border transactions. In a recent highlight, Rode advised AEA Investors on its acquisition of Alpha Offshore Services; other notable mandates include Jacob Hjortshøj assisting SolixGroup with its purchase of Skiold, Ole Nørgaard acting for Teradyne on its € 121m acquisition of 100% of the share capital of Mobile Industrial Robots from its shareholders, Claus Aagaard Nielsen advising Nine United Denmark on its $66m sale of 26% of its share capital to Herman Miller, and Simon Milthers, who has 'expert regulatory insights', handling Total's $7.4bn acquisition of Maersk Oil.
Bruun & Hjejle has 'a strong understanding of how the client thinks and what it needs in an M&A process' and 'takes ownership of issues beyond what you would expect'. Jesper Schultz Larsen leads the practice and advised the founders of Muuto and Maj Invest Equity on Muuto's $1.9bn sale to Knoll. Morten Jensen has 'very strong corporate and M&A skills' and 'is an excellent negotiator'; he assisted AP Møller with its $1.2bn acquisition of Maersk Tankers. Andreas Nielsen is 'an exceptionally good legal adviser' and acted for Swedish Match on its purchase of V2 Tobacco. Mogens Thorninger, is 'accessible', 'very competent' and has 'a broad and deep knowledge of general M&A'; he advised a consortium of pension funds with its acquisition of a $11.6bn stake in Nykredit. Other key names include cross-border M&A expert Mogens Ebeling and newly promoted partner Simon Krogh.
Gorrissen Federspiel's sizable team has handled a number of top ticket deals in the M&A space; group co-head Anders Ørjan Jensen and Tomas Haagen advised SEB on the €873m sale of SEB Pension in Denmark to Danske Bank, Olaf C Ehrenskjöld and Rikke Schiøtt Petersen handled Nets' €5.5bn takeover by Hellmann & Friedmann, and Klaus Søgaard and Charlotte Thorsen assisted Maersk with its $7.5bn sale of Maersk Oil to Total. Maersk also instructed Finn Møller on its $1.2bn divestment of Maersk Tankers, and Niels Heering acted for Nykredit on a €1.7bn investment by a consortium of pension providers. Niels Bang and Anders Peter G. Christoffersen also jointly lead the group, and Mikael Philip Schmidt is a key contact for securities work.
M&A powerhouse Kromann Reumert works across a broad range of sectors on its deals with recent highlights including Henrik Møgelmose advising DLF Seeds on its acquisition of Syngenta's sugar beet seed business, Christian Lundgren assisting TDC with its sale to a consortium comprised of Macquarie European Infrastructure Fund, PFA Pension, PKA and ATP; and Christina Bruun Geertsen acting for Altor Fund IV on its acquisition of Tresu from Erhvervsinvest. Further work includes Jørgen Kjergaard Madsen assisting Hellman & Friedman with its all-cash public offer for shares in Nets, Christian Ibsen acting for Eniig Energi on its acquisition of Naturgas, and Jens Steen Jensen handling Danica Pension's acquisition of SEB's pension operations in Denmark. Marianne Philip is also a key practitioner and advises on M&A, restructuring and general corporate law; also noted are Jakob Hans Johansen, Anders Stubbe Arndal and Jacob Høgh Madsen.
Plesner has a 'professional, dedicated and trustworthy' approach, with 'a personal and client-friendly mindset'. Christian Kjølbye 'stands out as a very capable lawyer' with 'a great insight into legal issues' and 'a friendly, understanding and hardworking attitude'; the pair advised Ferguson on the €1bn sale of its building materials distribution company, Stark Group, to an affiliate of Lone Star Funds. Kjølbye also worked with Thomas Holst Laursen, who is 'very responsive', 'calm' and 'takes no nonsense', to handle a consortium's recommended €5.4bn takeover of DK Telekommunikation. Other key names include Hans Hedegaard, who acted for Axcel IV on its sale of AX IV EG Holding III to New Dawn Holdings; Nicolai Ørsted, who possesses 'excellent negotiation skills' and 'the required knowledge of all areas related to the M&A process'; and Finn J. Lernø, who advised Sentia Holding on its acquisition of Athena IT. Tue Ravnholt Frandsen and Torben Nørskov joined Accura Advokatpartnerselskab in late 2019.
With 'an experienced team', DLA Piper Denmark has 'broad commercial understanding' and 'a strong international backing'. The 'highly professional' Jens Krogh Petersen leads the group and receives praise for being 'easy to work with' and 'very hardworking'. Other noteworthy individuals include Karsten Pedersen, who assisted Adelis Equity with its divestment of IT Relation to HgCapital; Michael Vinther, who advised Artha and the management of Umove on the divestment of Umove to Cube Infrastructure Fund II; Sebastian Ingversen, who handled TDC's acquisition of shares in Plenti; and Jan Snogdal, who advised the owner of Arcane Tinmen on its divestment of shares to Eli Global. The firm recently merged with Delacour and has added Eskil Bielefeldt, Per Buttenschøn and Kristian Hjølund Nielsen to the team.
Horten is active in the M&A market, with recent mandates including Klavs Gravesen and Lise Lotte Hjerrild advising eight utility groups on their €1.4bn merger into the Novafos Group, Christian Tullberg and Thomas Francis Beckett assisting Stadtwerke München with its joint venture with Centrica aimed at European oil and gas exploration, and Hans Christian Pape acting for Total Specific Solutions on its purchase of Forsikringens Datacenter from Gjensidige Forsikring. Frans Rossen leads the department, which also fields Mikkel Primdal Kæregaard and Søren Hornbæk Svendsen.
Lundgrens' department is 'reliable, knowledgeable and commercial in its approach' under the leadership of Thomas Kræmer. Recent highlights include Kræmer advising Perkins+Will on its acquisition of Schmidt Hammer Lassen, Morten Rosenmejer assisting Ganni with its sale to L Catterton, and Christian Scherfig handling Tandlægen.dk's €80m acquisition of 32 dental clinics.
The team at Lund Elmer Sandager 'works very effectively', is 'very agile in its approach' and has 'quick response times'. The 'highly creative' Jacob Roesen leads the practice and 'provides insightful advice'; he recently acted for Reconor on its separate acquisitions of Mijodan and Lotra. Clients also praise David Frølich as 'very commercial' and 'easy going'; he assisted Dustin with its acquisition of the hosting business of Norriq. Managing partner Carsten Brink is also active in M&A deals and general corporate matters, and Nicolai Fløe Jørgensen handled the sale of Lasso X's shares to JP/Politikens Hus.
Mazanti-Andersen Korsø Jensen is highly skilled in M&A transactions in the technology, shipping and life sciences sectors. In a recent highlight, group co-head Lars Lüthjohan Jensen acted for Dermtreat on its $230m sale of shares to Sofinnova Partners, Novo and Lundbeck; fellow co-head Jakob Mosegaard Larsen also assisted Sunstone TV Management with its sale of shares in two of its venture funds, Sunstone Technology Ventures Fund and Sunstone Progression Fund Alpha. Jan Al-Erhayem focuses on shipping M&A.
Nielsen Nørager is highly skilled in M&A transactions and commercial agreements for a client roster including Aldi and Adidas. Recent highlights include Jens Arnesen advising the shareholders of QuantumWise on its sale to Synopsys, Morten Eldrup-Jørgensen assisting Trackman with its acquisition of Perfect Parallel, and Claude Winther Nielsen acting for Energisk on the sale of its shares in Natur-Energi and Gul Strøm to NRGi Elsalg.
NJORD Law Firm provides 'a high level of expertise' paired with 'valuable advice' and 'excellent and professional service levels'. Lars Lokdam and René Lykke Wethelund are key contacts for M&A work; Lokdam advised Philips on its sale of Philips BioCell through a management buy-out, and Wethelund assisted Enghouse Systems with its purchase of shares in SimaTech. Jens Christian Dreyer leads the team and is 'very reliable' and 'accessible 24/7'.
Kolding-based Andersen Partners is highly skilled in M&A and private equity transactions with Hans-Christian Ohrt handling private equity work and Søren Stig Langløkke Hansen specialising in joint ventures. Ohrt recently advised Dennis Odgaard and Mokoni on the sale of their majority interest in Byens Bilpleje.com to Procuritas, and acted for Hyldahl on its sale of Mos Mosh and MM & Ten to Kate Acquisition. Other work includes Jon Stefansson assisting Autocentralen.com with its acquisition of SMC Horsens. Henrik Bornebusch is very active with Chinese clients.
Bird & Bird Advokatpartnerselskab regularly acts for private equity and venture capital clients, and has a strong focus on the TMT sector. Key individuals include group head Casper Moltke-Leth, who advised Cheminova on the divestment of four of its ingredients to Nufarm; Philip Graff, who assisted Mahia with its corporate restructuring; and Peer B. Petersen, who acted for Addtech on its purchase of Sensor. Ulrik Laustsen is also a key name to note; he advised Opbeat on its sale to Elastic.
DAHL Law Firm
DAHL Law Firm operates in 'a clear manner', 'quickly gets to the core of the matter at hand' and 'creates a concise plan'. Mads Rossen Jakobsen heads the practice and focuses on M&A and corporate matters; he recently acted for the owners of Toppac on its sale to Færch. In other work, Henning von Lillienskjold assisted AH Wood Invest with its €9.1m sale of its stake in Taasinge Elementer to Nordic Waterproofing Holding, Kim Ricken Jørgensen handled BE Cablecon's sale to Nexans, and Frederik Bruhn advised DK Holding on its management buyout. Jesper Høy specialises in restructuring mandates.
GALST advises on M&A and private equity transactions with a particular emphasis on transactions involving mid-market companies. Hans Christian Galst and Christian Steen Laursen jointly head up the practice; Galst advised Investeringsselskabet on its acquisition of a minority stake in Kadeau, and Laursen assisted SkatePro with its acquisition of a 25% stake in Nordic Sport Import.
Magnusson Advokatfirma is recognised for its 'great business acumen and knowledge of commercial and corporate law in Denmark and abroad'. Nikolaj Juhl Hansen leads the team and is highly experienced in M&A, particularly on cross-border deals with an Asian element; he recently assisted Conning and Taiwan-based Cathay Financial Holding with its purchase of a stake in Global Evolution. Sam Jalaei is also skilled in advising Danish clients on investing in the Iranian market; he acted for Co-Ro on its joint venture with Iran-based soft drinks producer Takdaneh.
Skau Reipurth & Partnere fields 'a very professional practice' which advises clients such as Deloitte. Department leader Peter Skau-Andersen handles corporate, restructuring and M&A work, Martin Rothe provides 'expert legal counselling', and Anders Hermansen focuses on general corporate work. Recent highlights include Skau-Andersen advising Loumann Holding on the sale of its 40% stake in Pack Tech Holding to SE Blue Equity and acquisition of a 10% stake from another shareholder, Rothe assisting Brandvenue with its hostile takeover of PIF Group, and Claus Ryberg Hoffmann handling Evendo International's contracts with its private investors.
Based in Aarhus, Innova Advokatfirma's department handles a variety of corporate transactions, primarily for Danish clients. Group co-head Jørgen Lillelund Olsen is an expert in M&A, joint ventures, restructurings and general corporate law, while fellow co-head Peter Gerken focuses on private equity transactions.
Novi Attorneys' 'very dedicated and experienced' team provides 'professional and personable' advice on M&A transactions, and general corporate and commercial matters. Mikkel Baaring Lerche, who is 'useful and to-the-point', and M&A specialist Morten Lau Smith jointly lead the practice; Lerche advised Riemann on its sale to Orkla and its subsequent acquisition of Luxury State of Mind.
Poul Schmith counts various Danish ministries among its key clients and also acts for a commercial client roster, which includes Danish train company DSB and Danish private equity investment company Axcel. Ronnie Kandler recently advised Universal Music on its acquisition of ArtPeople Music, and Peter Hedegaard Madsen assisted The Danish Growth Fund with its conversion into a state-owned corporation.
The team at SIRIUS advokater is 'easy to communicate with' and 'quickly gets things solved' for its clients, which include Nordic Corporate Investments and Calldorado. M&A expert Joachim Ørum Petersen leads the practice and recently advised Amct Holding on the sale of its majority stake in Fire Eater to the Fire Eater's management and Blue Equity. Other key figures include commercial contracts expert Mette Vestergaard Huss, restructuring specialist Benjamin Lundström, and Gitte Løvgren Larsen, who is highly skilled in corporate and commercial matters.