Hengeler Mueller advises Oras on acquisition of Hansa Group from IK Investment Partners
18. September 2013
Oras Group, the Scandinavian market leader for sanitary fittings, has acquired its German competitor Hansa Metallwerke AG ("Hansa") from IK Investment Partners (formerly Industri Kapital). The transaction is expected to close by the end of September 2013.
Combining Oras and Hansa creates a new Oras Group (combined turnover of EUR 260 m), a Europe-wide active company. Both Oras and Hansa brands will be continued after the transaction.
Hengeler Mueller advises Oras on the transaction. The Hengeler Mueller team includes partners Joachim Rosengarten, Frank Burmeister (both Corporate/M&A), Martin Klein (Tax) (all Frankfurt), Thomas Schmidt-Kötters (Regulatory, Düsseldorf), Hans-Jörg Niemeyer, Markus Röhrig (both Competition, both Brussels) and Christian Hoefs (Labour, Frankfurt), counsel Andrea Schlaffge (Intellectual Property, Düsseldorf) as well as associates Christoph Allmendinger, Michael Born, Anne Broll, Frederik Gärtner, Eckbert Müller, Nicolas Nohlen, Lars Voigt, Johannes von Billerbeck (all Frankfurt), Eva Frankenberger, Daniel Grätz, Vera Jungkind, Matthias Rothkopf, Changfeng Tu (all Düsseldorf) und Hannah Ehlers (Brussels).