Ashurst has advised DZ BANK AG Deutsche
Zentral-Genossenschaftsbank, Frankfurt, and UniCredit Bank AG,
Munich, on the financing of the acquisition of Lautsprecher Teufel
GmbH, Berlin, by European private equity investor HgCapital. The
seller is Riverside, an internationally active private equity house
focussing on mid-cap companies. Lautsprecher Teufel GmbH is a
market leader in the direct marketing of loudspeaker systems. The
transaction is still subject to regulatory approval.
The Ashurst team was led by
Frankfurt international finance partners
Anne
Force and
Dr Tom Beckerhoff. Their team
comprised senior associate Sebastian Schoon, the associates Jens
Engemann and Nina Siegfried as well as paralegal Dominique Blaurock
(all international finance, Frankfurt). Advice on
tax aspects was provided by
Frankfurt senior associate Nina Siewert.
Ashurst advises DZ BANK regularly, lastly as part of a consortium
of five banks on the financing of the acquisition of Kaffee Partner
Holding GmbH by Capvis Equity Partners and Partners Group.