DLA Piper has suggested Heidelberger Druckmaschinen AG (Heidelberg) on the sale of Gallus Group to Swiss packaging enterprise benpac holding ag. With this transaction Heidelberg is systematically pursuing the corporate’s realignment, which incorporates specializing in its core enterprise of sheetfed printing. The sale, which nonetheless must be accredited by the related our bodies and is topic to different situation precedents, is ready to take impact earlier than the top of 2020.
The transaction will see benpac assume possession of Gallus Holding AG in St. Gallen, Gallus Ferd. Rüesch AG in St. Gallen, Gallus Druckmaschinen GmbH in Langgöns, Heidelberg Internet Carton Changing GmbH (WCC) in Weiden in der Oberpfalz, and Menschick Trockensysteme GmbH in Renningen – 5 websites with a complete of some 430 staff in Germany and Switzerland.
benpac and Heidelberg have agreed that Heidelberg will proceed to handle the gross sales and repair of the Gallus portfolio in shut cooperation after the takeover.
The intention of Heidelberg is to make sure the long-term monetary stability of the corporate, and all of the measures because the transformation began in March this yr have been geared towards this goal. Beneath the management of companions Dr Benjamin Parameswaran, Dr Henriette Norda and Mike Danielewsky DLA Piper gives complete authorized recommendation for all these measures.
“We wish to thank the wonderful workforce at DLA Piper led by Dr Benjamin Parameswaran, Dr Henriette Norda and Mike Danielewsky for his or her excellent dedication and competent recommendation in dealing with this strategically essential transaction for Heidelberger Druck, which is an extra milestone within the success of our transformation,” mentioned Marcus A. Wassenberg, CFO of Heidelberger Druckmaschinen AG.
The sale of the Gallus Group was internationally led by companion Dr. Benjamin Parameswaran. The core workforce additionally comprised counsel Dr Philipp Clemens and senior associates Sophie von Mandelsloh and Friederike Rickers (all Company/M&A, Hamburg). Additionally concerned have been companions Dr Henriette Norda (Employment), Verena Grentzenberg (IT/Information Safety), Sebastian Decker (Company/M&A, all Hamburg), Dr Roland Maaß (Capital Markets), Mike Danielewsky (Restructuring), Dr Marco Arteaga (Pensions), Dr Burkhard Führmeyer (IPT), Semin O (Antitrust, all Frankfurt), Dr Thilo von Bodungen (Business), Dr Jan Geert Meents (IT, each Munich), Jan Pohle (IT/Information Safety) and Kerstin Schnabel (Company, each Cologne), counsels Oliver Otto (Restructuring), Dr Dennis Hog (Actual Property), Dr Daniel Zapf (White Collar Crime), Sergej Bräuer (Antitrust, all Frankfurt), Dr Thorsten Ammann (IT/Information Safety, Cologne), Dr Susanne Weckbach (Business, Munich) and Dr Annemarie Bloß (IPT, Hamburg), senior associates Mareike Schwedler, Dr Martin Kaltwasser (each Restructuring), Juliane Hack (Capital Markets), Miray Kavruk (IPT, all Frankfurt), France Vehar (IT/Information Safety), Hubertus Neu (Company), Dr Gregor Schroll (Competitors, all Cologne), Dr Liane Bednarz (Company/M&A, Hamburg), Michael Georg Ziegaus (Actual Property), Georg Haberkorn (Pensions), Olga Blaszczyk (Business), Fabian Hafenbrädl, Philippa Eggers (each IT) in addition to associates Betina Fischer (Business, all Munich), Maximilian Seuß (Company/M&A), Katharina Pauls, David Schele (each IT/Information Safety, all Hamburg), Maximilian Dieler (Restructuring) and Alexander Rösch (Antitrust, each Frankfurt).
Swiss regulation agency Thouvenin Rechtsanwälte with companions Thomas Loher and Arlette Pfister in addition to lawyer Marzel Wyden additionally suggested on the transaction.
Heidelberger’s in-house workforce was led by Sascha Donat (Head of M&A) and in addition comprised Rüdiger Jehn (M&A), Arthur Schneider (M&A) and Florian Zwoboda (Authorized Counsel).