Hengeler Mueller advises JOST on Acquisition of Ålö Holding AB

JOST Werke AG (“JOST”), a leading global producer and supplier of safety-critical systems for commercial vehicles, has signed a purchase agreement to acquire 100% of the share capital in Ålö Holding AB (“Ålö”), one of the world’s leading manufacturers of agricultural front loaders. The acquisition will transform JOST’s existing agricultural business into another cornerstone of …

Hengeler Mueller advises Blackstone on sale of The SQUAIRE

Hengeler Mueller has advised The Blackstone Group and its affiliates on the sale of The SQUAIRE building complex at Frankfurt airport.

Hengeler Mueller advises the German Federal Finance Agency on the development of sustainable financi

In accordance with the decision by the Secretaries of State Committee for Sustainable Development of 25 February 2019, the German Federal Finance Agency has examined in recent months whether issuing green or sustainable German government bonds as part of the envisaged refinancing activity is economically viable. At the end of October 2019, the Federal Republic …

Hengeler Mueller advises Capvis on sale of Ondal to IK Investment Partners

The funds Capvis Equity III L.P. and Capvis III Limmat L.P. (“Capvis”), advised by Capvis AG, have agreed to sell their majority stake in Ondal Holding GmbH (“Ondal”) to IK Investment Partners. Ondal is a leading developer and manufacturer of pendant systems for use in operating rooms, intensive care units and outpatient facilities.

Hengeler Mueller advises Otto Group on sale of Sportscheck to Galeria Karstadt Kaufhof

The Otto Group has decided to sell its Sportscheck GmbH group company, headquartered in Unterhaching near Munich, to Galeria Karstadt Kaufhof. Following successful completion of the deal, Sportscheck GmbH is to be integrated into the omnichannel retail portfolio of Galeria Karstadt Kaufhof. Both parties have already signed a corresponding contractual agreement. The sale remains subject …

Hengeler Mueller advises United Internet on public share buyback offers

The management board of United Internet AG decided, with the approval of the supervisory board, to make a public share buyback offer to the shareholders of United Internet AG (offer period from 10 December 2019, 00:00 until and including 18 December 2019, 24:00) for a total of up to 9,000,000 shares at a price per …

Hengeler Mueller successfully represents Portigon in proceedings against Single Resolution Board bef

The General Court of the European Union (EGC) has annulled two decisions of the Single Resolution Board (SRB) on the 2016 annual ex ante contributions to the Single Resolution Fund commonly known as the bank levy, to the extent they affect Portigon AG (Portigon). These decisions were the basis of orders by the German Federal …

Hengeler Mueller successfully represents RWE AG in the appeal proceedings against Rustenburg

Sintez Group and RWE AG had planned a joint acquisition of the Russian energy supplier TGK-2 in 2008. Following the failure of the negotiations, Rustenburg Co. Ltd. (“Rustenburg”), part of Sintez Group, filed a EUR 700 million claim (plus interest) on damages against RWE AG arising from the termination of the mutual plan.

Hengeler Mueller advises Fashion ID on Stylebop

Fashion ID GmbH & Co. KG, part of Düsseldorf based Peek & Cloppenburg group, intends to operate an online luxury platform under the brand name Stylebop. For this purpose, Fashion ID signed contracts for the acquisition of trademarks and domains from Stylebop GmbH, which had filed for insolvency in August 2019.

Hengeler Mueller advises State Street on cross-border merger of State Street Bank Luxembourg with an

In the context of the further streamlining of its structure in Europe, State Street Group has completed a cross-border merger of State Street Bank Luxembourg S.C.A., Luxembourg, with and into State Street Bank International GmbH, Munich. The project is part of State Street’s European Legal Entity Management initiative. The overall objective is to reduce the …