Martin is an M&A lawyer. His practice focuses on national and international M&A.

Martin advises corporate clients, private equity investors and family-owned enterprises in diverse transaction structures, including private auctions, public take-overs, dual-track transactions, carve-outs, joint ventures and co-investments.

Martin Ulbrich has recently advised, among others, on the following transactions:

  • adidas on the sale of Reebok to ABG
  • Bayer on the carve-out and sale of the Environmental Science Professional Business to Cinven
  • Corsair Capital on
    • investment in IDnow
    • investment in Ariadnext
  • Dr. August Oetker on the acquisition of flaschenpost SE from various sponsors
  • E.ON on the carve-out and sale of innogy’s Czech electricity and gas retail business to MVM Group
  • EQT on the sale of CBR Group to Alteri
  • Groupe PSA/Stellantis on the carve-out and sale of part of the International Technology Development Center of Opel to Segula
  • Haniel on the sale of Celesio to McKesson
  • innogy on the sale of a stake in VSEH to RWE
  • KKR on
    • acquisition of global defense electronics business (now HENSOLDT) from Airbus, incl. carve-out, and staggered exit through IPO, sale to KfW and sale to Leonardo;
    • acquisition of Contabo;
    • Vantage Towers partnership;
    • public takeover offer for OHB SE
  • LANXESS on engineering materials joint venture with Advent
  • Moonlake Capital on acquisition of ADA
  • OptiGroup on sale of Papyrus Germany to Inapa
  • Robert Bosch on acquisition of stake in HERE International from Audi, BMW and Daimler
  • RWE on
    • Sale of RWE Dea AG to LetterOne Group;
    • acquisition of the clean energy business of Con Edison
  • Silver Lake on
    • investment in FlixMobility;
    • public takeover offer for Software AG
  • UCB on carve-out and sale of internal medicine to Paragon Partners
  • Vodafone on acquisition of Unitymedia from Liberty Global

Martin also advises on matters of corporate law, in particular reorganisations, for example METRO GROUP on the demerger of its wholesale & food business.


  • Admitted to bar in Germany 2010
  • Attorney-at-Law (New York)
  • University of Cologne (Dr. iur.)
  • Université de Lausanne
  • Harvard Law School, Cambridge (LL.M.)
  • Hengeler Mueller London, 2013-2014