Hengeler Mueller advises Konecranes on divestment of STAHL CraneSystems GmbH to Columbus McKinnon

07. December 2016

Konecranes group companies and companies of Columbus McKinnon Group have signed an agreement regarding the sale of STAHL CraneSystems GmbH (and affiliates abroad) by Konecranes to Columbus McKinnon. Konecranes Oyj is a listed engineering company specialised in industry and crane process technology based in Hyvinkää, Finnland. The divestment is subject to the approval of the EU Commission and antitrust clearance by the Federal Cartel Office (Bundeskartellamt)

Hengeler Mueller advised Konecranes on the transaction. The Hengeler Mueller team included partners Joachim Rosengarten, Andreas Hoger (both M&A), Matthias Scheifele (Tax), Christian Hoefs (Labour) (all Frankfurt), Nikolaus Vieten (Finance), Markus Röhrig (Competition, Brussels), counsel Astrid Harmsen, Andrea Schlaffge (both IP) and Patrick H. Wilkening (IP/M&A) (all Düsseldorf) as well as associates Maximilian Clostermeyer, Annika Clauss, Björn Bork, Thomas Lang (all M&A, Frankfurt), Claudia Nees (Tax), Christian Kovács (Competition, Brussels), Susanne Walzer (Labour, Frankfurt), Philipp Cramer and Marina Kederoglu (both Public Law, Düsseldorf).

In recent years, Hengeler Mueller successfully acted as legal counsel on a number of transactions relating to Finland. Hengeler Mueller recently advised, inter alia, Uponor on the acquisition of Delta Systemtechnik and KaMo Group as well as Metsä Board Oyj on the divestment of Metsä Board Zanders GmbH.