Germany
With a team led by Prof. Dr. Georg Streit, Partner at its Munich office, Heuking Kühn Lüer Wojtek advised the insolvency administrators of online auto parts dealer www.atp-autoteile.de, Volker Böhm and Dr. Elske Fehl-Weileder, both from Schultze & Braun, on the sale of the company to SAG Group. SAG will take over ATP’s entire business operations and all of the about 250 remaining jobs will be saved
Germany
With a team led by Dirk W. Kolvenbach, the globally operating WuXi Biologics group acquired a sterile filling and freeze-drying plant from Bayer AG. The transaction has now been successfully concluded. The plant is designed for filling and freeze-drying the blood clotting agent Kovaltry®. The plant is operated on the Chempark site in Leverkusen
Germany
With a team led by Prof. Dr. Georg Streit, Partner at its Munich office, Heuking Kühn Lüer Wojtek advised the insolvency administrators of online auto parts dealer www.atp-autoteile.de, Volker Böhm and Dr. Elske Fehl-Weileder, both from Schultze & Braun, on the sale of the company to SAG Group. SAG will take over ATP’s entire business operations and all of the about 250 remaining jobs will be saved
Germany
A team led by Dr. Peter Zimmermann and Dr. Marc Scheunemann, both Partners at Heuking Kühn Lüer Wojtek in Düsseldorf, legally advised Art-Invest on the acquisition of the “Urban Village” residential project in Dresden. Sold by Dresdner Wohnbau, the transaction was structured as a forward deal and is intended for a special housing fund. The acquisition was brokered by Ideal Wohnen GmbH & Co. KG, which was also entrusted with project management and project control
Germany
Dr. Frank Mitzkus, Partner at Heuking Kühn Lüer Wojtek, successfully represented his client – a Societas Europaea (SE) – before the Hanseatic Higher Regional Court. After the April 26, 2019 judgement, which has now become final, the SE successfully filed a claim for damages against a shareholder
Germany
After the overall restructuring of ARWE Group, that was intended when the insolvency petition was filed, no longer appeared feasible, management withdrew its petitions for self-administration. Augsburg Insolvency Court consequently initiated insolvency proceedings with respect to ARWE Holding GmbH, arwe Automotive Service GmbH, arwe CarRental Service GmbH, and arwe Mobility Service GmbH in regular proceedings on May 1, 2020 and appointed Dr
Germany
A team led by Dr. Jörg Schewe and Dr. Michael Dröge, both Partners at Heuking’s Hamburg office, legally advised BÖAG Börsen AG on the acquisition of a majority stake in ICF BANK AG from the bank’s founders. As part of the transaction, BÖAG Börsen AG, which is operating the stock exchanges in Düsseldorf, Hamburg and Hanover, also secured an option to acquire additional stock in ICF BANK AG
Germany
A team led by Dr. Oliver von Rosenberg, Partner at Heuking Kühn Lüer Wojtek’s Cologne office, legally advised Häfen und Güterverkehr Köln AG (HGK) on the acquisition of the European inland shipping business of Imperial Logistics Limited (IPL). The acquisition occurred within the scope of a bidding process. Imperial Logistics International B.V. & Co KG (ILI) had already announced the sale in December 2019
Germany
A team led by Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised Kälte Eckert GmbH on the acquisition of Gartner, Keil & Co Klima- und Kältetechnik GmbH. The shares were sold by Frank Keil, the company’s sole shareholder and General Manager, who will remain in operational management in the future
Germany
A team led by Prof. Dr. Georg Streit, Partner at Heuking Kühn Lüer Wojtek, advised LFD Holding GmbH on the sale of all shares to Terra Grundwerte AG. Terra Grundwerte also acquires a loan portfolio of the five largest banks financing LFD group. The sale occurred after completion of a restructuring phase of several years by restructuring trustees in the interest of the financing creditors
Germany
A team led by Christoph Prochnau, Salaried Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, legally advised GET.ON Institut für Online Gesundheitstrainings GmbH comprehensively on its first funding round (Seed I). Founded as a university spin-off by a team of graduate psychologists in Hamburg in 2015, GET.ON has so far grown from own funds. Upon conclusion of the funding round, GET.ON will operate under the “HelloBetter” brand name
Germany
A team led by Dr. Thorsten Kuthe advised Nexway AG on the placement of a bond with a volume of 8 million euro and an interest rate of 10 per cent as part of a private placement with institutional investors. The new secured Nexway bond has a term of 15 months and quarterly interest payments. The eCommerce provider intends to use the proceeds of the issue for corporate purposes. This includes the financing of capital expenditures specifically related to the Academics business unit
Germany
A team led by Klaus Weinand-Härer, Partner at Heuking Kühn Lüer Wojtek, advised A3 Nordbayern consortium consisting of Eiffage S.A. and JOHANN BUNTE Bauunternehmung GmbH & Co. KG on issues relating to tax law in the procurement procedure for the A3 highway project. Jointly with JOHANN BUNTE, Eiffage has entered into a 30-year public-private partnership for extension, operation, and maintenance of the 76 km-long highway section between Biebelried and Fürth/Erlangen
Germany
With a team led by Dr. Oliver Böttcher and Kristina Schneider from its Cologne office, Heuking Kühn Lüer Wojtek advised the shareholders of Emma – The Sleep Company (Bettzeit GmbH) in a transaction with Haniel. The two founders, Manuel Müller and Dr. Dennis Schmoltzi, will each retain a 24.95% stake in the company and as active Co-CEOs will continue to drive forward Emma’s international expansion and the gaining of further market shares jointly with Haniel
Germany
As of April 1, 2020, Marcel Hostettler has joined Heuking’s Zurich office as a new Partner. Marcel Hostettler comes to the law firm from MME. He is accompanied by Associate Eric Baumgartner (Capital Markets and Tax). Dr. Anna Wehrmüller (Regulatory and Compliance) and Dr. Peter Märkl (Banking and Finance) will join the team on May 1, 2020
Germany
Heuking Kühn Lüer Wojtek is providing legal support to the Esprit Group in an ongoing restructuring process with the objective of maintaining operations during the corona crisis, strengthening the group's liquidity and securing the future of the Esprit brand. The project is being supported by lawyers in particular from Dusseldorf and Munich, with Heuking partners Prof. Dr. Georg Streit and Dr. Marc Scheunemann acting as lead partners
Germany
With a team led by Dr. Oliver Böttcher from its Cologne office, Heuking Kühn Lüer Wojtek advised the shareholders of Moderne Befestigungselemente GmbH on the sale of the company to SFS Group AG. The sale served to secure corporate succession. MBE is a leading provider of painted fasteners for high-quality building facades. It primarily supplies specialist retailers in Germany with painted fastening systems for curtain-type, ventilated exterior wall coverings
Germany
On March 16, 2020, several ARWE Group companies filed for insolvency. On March 17, 2020, Augsburg Local Court ordered provisional self-administration for ARWE Holding GmbH, arwe Automotive Service GmbH, arwe CarRental Service GmbH, and arwe Mobility Service GmbH in accordance with the application and appointed lawyer Dr. Paul Abel, anchor Rechtsanwälte, as provisional administrator. Dr
Germany
A team led by Dr. Anne de Boer advised VERIANOS Real Estate Aktiengesellschaft on the private placement of the first tranche of its new corporate bond with a term of 5 years. The placement was directed at a defined group of investors with a minimum subscription of EUR 100,000. The bond has been listed on Frankfurt Stock Exchange’s Open Market since March 5, 2020
Germany
A team led by Dr. Frank Baßler, Partner at Heuking Kühn Lüer Wojtek, advised i Live Group, one of the largest providers of lifestyle micro-living in Germany, on the sale of a serviced apartment project in Stuttgart-Zuffenhausen to HanseMerkur Grundvermögen. The apartment project is intended for open-ended special real estate fund HMS Grundwerte Wohnen Plus III
Germany
A team led by Dr. Thorsten Kuthe advised Vectron Systems AG on a capital increase of about 10 percent of its share capital. By making partial use of the authorized capital and excluding shareholders’ subscription rights, the company was able to generate gross proceeds of some EUR 11 million. The new shares were allocated at a placement price of EUR 15.10 per new share in accelerated bookbuilding
Germany
A team comprised of members from several offices led by Ulf Christiani and Dr. Isabel Langenbach legally advised Verkehrsverbund Mittelsachsen (VMS) comprehensively on the procurement and financing of eleven battery-operated Coradia Continental trains from Alstom. The electric trains will be able to operate the Chemnitz to Leipzig route, although the tracks have not yet been electrified
Germany
Fiscal 2019 saw business law firm Heuking Kühn Lüer Wojtek once again significantly increase its revenue. 2019 annual revenue amounted to EUR 194.7 million, an increase of EUR 17.7 million over the previous year. With 2018 revenue standing at EUR 177 million, growth of exactly ten percent was recorded. “We are able to look back on a successful business year again and are very satisfied with the development of our firm and our client relationships,” said Dr
Germany
A team led by Dr. Sönke Görgens, Partner at Heuking Kühn Lüer Wojtek, advised UBM Development Deutschland GmbH on the acquisition of the FAZ Tower project development company. UBM Development Deutschland (75 percent) and Paulus Immobilien Group (25 percent) are now developing the new headquarters of Frankfurter Allgemeine Zeitung and a hotel with 350 rooms in Frankfurt’s Europaviertel
Germany
With a team led by Dr. Frank Baßler and Klaus Weinand-Härer, both Partners at Heuking Kühn Lüer Wojtek, ILG Capital GmbH acquired two retail centers on behalf of an institutional fund. The properties are located in Waldkraiburg and Kaiserslautern and were part of the “Silver” portfolio. The sellers are two special purpose vehicles held by a joint venture between RDI and Menora Mivtachim
