Hengeler Mueller advises Haniel on sale of Celesio

24. January 2014

Franz Haniel & Cie. GmbH (Haniel) increased its shares in Celesio from 50.01% to 76% and has sold the whole stake to the US healthcare services company McKesson Corporation (McKesson). Therefore, a takeover of Celesio by McKesson is now possible, after McKesson’s initial public bid had failed to reach the necessary minimum acceptance threshold.

Hengeler Mueller advised Haniel on the transaction. The Hengeler Mueller team was led by partners Maximilian Schiessl and Thomas Meurer (both M&A) and included partners Alf-Henrik Bischke (Competition) (all Düsseldorf) and Nikolaus Vieten (Financing, Frankfurt) as well as associates Christian Strothotte and Martin Ulbrich (both Düsseldorf).