Hengeler Mueller advises GreatStar on acquisition of Joh. Friedrich Behrens AG business operations out of insolvency

30. March 2021

A subsidiary of Swiss GreatStar Europe AG ("GreatStar") has concluded an agreement with insolvent Joh. Friedrich Behrens AG on the acquisition of its business operations, including Behrens AG's subsidiaries in eleven foreign jurisdictions. Behrens AG is a pan-European manufacturer of fastening technology. Closing of the transaction is subject to various conditions, in particular the approval of the creditors' committee as well as antitrust and foreign trade clearance.

Hengeler Mueller advised GreatStar on the transaction. The team was led by partners Martin Tasma (Restructuring/M&A) and Jens Wenzel (M&A) and included partners Daniel Kress (Real Estate), Fabian Quast, Jan Bonhage (both Public Law) (all Berlin), Markus Ernst (Tax, Munich), Alf-Henrik Bischke (Antitrust, Düsseldorf), Hendrik Bockenheimer (Employment, Frankfurt), counsel Fabian Seip (IP/IT, Berlin) as well as associates Fabian Berdin, Moritz Müller-Leibenger, Nicolas Kutscher, Jasper Bothe (all Restructuring/M&A, Berlin), Tobias Schwab (Tax. Munich), Tobias Bieber (Antitrust, Düsseldorf), Carolin Raspé (Munich), Erasmus Hoffmann, Michael Schramm (both Berlin) (all Public Law), Cornelia Gersch (IP/IT, Berlin) and Marius Mayer (Employment, Frankfurt).