Hengeler Mueller, as part of an integrated team with Slaughter and May and De Brauw Blackstone Westbroek, advises Tata Steel Group on its proposed 50/50 Joint Venture with thyssenkrupp AG
21. September 2017
Hengeler Mueller, as part of an integrated team with Slaughter and May in the UK and De Brauw Blackstone Westbroek in The Netherlands, is advising Tata Steel Group on its proposed 50/50 Joint Venture with thyssenkrupp AG to create a leading European steel enterprise by combining the flat steel businesses of the two companies in Europe and the steel mill services of the thyssenkrupp group. The Joint Venture would have annual shipments of around 21 million tonnes of flat steel products and have a pro forma turnover of around EUR 15 bn per year.
Tata Steel Group is a leading global steel company. thyssenkrupp AG is a German multinational corporation and one of the largest steel producers in the world.
Hengeler Mueller advised Tata Steel Group in an integrated team with Best Friend law firms Slaughter and May and De Brauw Blackstone Westbroek. The Hengeler Mueller team included partners Christof Jäckle, Karsten Schmidt-Hern, (both M&A), Hendrik Bockenheimer (Labour) (all Frankfurt) and Matthias Scheifele (Tax) (Munich). The Slaughter and May team included partners Robin Ogle, Padraig Cronin and Andrew McClean, the De Brauw Blackstone Westbroek team included partners Mark Rebergen and Anja Mutsaers.