Hengeler Mueller advises M-real on sale of Premium Paper Business
16. January 2012
On 13 January 2012, M-real Oyi, part of Metsäliitto Group, agreed to sell its high-quality premium paper business in Düren, Germany (Reflex Mill) to Hahnemühle Fine Art Group through its affiliate M-real Zanders GmbH. Premium paper products are used in high-quality graphical end-uses, such as letterhead, brochures, books, calendars and envelopes.
Hengeler Mueller has advised M-real Oyj and M-real Zanders GmbH on this transaction. The Hengeler Mueller team included partners Joachim Rosengarten, Michael Baumgartl (both M&A) and Ernst-Thomas Kraft (Tax) as well as associate Timm Fabian Ebner (M&A) (all Frankfurt).
Hengeler Mueller has been providing legal advice to Metsälitto Group for many years: back in 2001 on the takeover of Zanders Feinpapiere AG (today M-real Zanders GmbH) and most recently, in 2010, on the intragroup sale of Paper Machine 5, also located in Düren, from M-real Zanders GmbH to Metsä Tissue.