Halder Beteiligungsberatung GmbH has sold the KLINGEL Group to IK Investment Partners.

The parties agreed to keep the financial details confidential. Clearance of the transaction by the Federal Cartel Office is still outstanding.

Wyndham Worldwide Corporation has sold its European vactation home business to Platinum Equity, LLC. The transaction with a sales volume of 1.3 billion US dollars has now been successfully closed. GvW Graf von Westphalen advised the American hotel group with regard to German law.

GvW Graf von Westphalen advised the French Legrand Group in the acquisition of a majority participation in modulan GmbH. The Legrand Group has expanded its product portfolio in the specialized field of IT systems installation by acquiring this participation. The parties have agreed to maintain confidentiality about the further economic details of the transaction.

Shanghai International Economic and Trade Arbitration Commission (SHIAC) hat Dr. Björn Etgen wieder in das panel der internationalen Schiedsrichter aufgenommen. Damit ist der Hamburger Rechtsanwalt, der aktuell zahlreiche Schiedsverfahren mit China-Bezug als Parteivertreter oder Schiedsrichter begleitet, weiterhin für die vier wichtigsten chinesischen Schiedsinstitutionen und -kommissionen tätig: Denn neben der SHIAC betreut Herr Dr. Etgen auch Schiedsverfahren der anerkannten Organisationen International Economic Arbitration Commission (CIETAC), Beijing Arbitration Commission /Beijing International Arbitration Center (BAC/BIAC) und Shenzen Court of International Arbitration (SCIA).

Thai Acrylic Fibre Co. Ltd. (TAF), a subsidiary of the Indian Aditya Birla Group, has acquired PyroTex Industries GmbH. The M&A advisors of Proventis Partners and the law firm of GvW Graf von Westphalen have advised the founder of the textile company in this sale.

The Berlin based startup company Locafox has completed a new financing round in a medium one-digit EUR million amount. The investors are 2 Welten Investment (a subsidiary of Deutsche Druck- und Verlagsgesellschaft, ddvg) as well as Bremer Tageszeitungen AG.

The listed GN Store Nord A/S (CPH: GN), headquartered in Ballerup near Copenhagen, Denmark (“GN“) has acquired a shareholding in audEERING GmbH with registered seat in Gilching, county of Starnberg, Germany („audEERING“). The transaction value was not disclosed.

PreussenElektra can now also start dismantling the nuclear power plant Grafenrheinfeld. After the nuclear power plants in Isar 1, Unterweser, the atomic regulatory permit for the nuclear power plant Grafenrheinfeld (KKG) has now been granted for shutting down and dismantling the power plant pursuant to § 7 para. 3 German Nuclear Power Act [Atomgesetz, "AtomG"]. GvW Graf von Westphalen is advising the company in the bidding negotiations for the dismantling of its nuclear power plants.

GvW Graf von Westphalen reinforces its M&A practice with Titus Walek

Titus Walek has joined the M&A practice of the law firm GvW Graf von Westphalen as an equity partner. The new partner comes from the corporate and technology boutique Heymann & Partner and reinforces the Frankfurt office of GvW.

Die GEERS Hörakustik GmbH & Co. KG (inzwischen unter SONOVA Retail Deutschland GmbH firmierend) hat erfolgreich einen UWG-Unterlassungsanspruch der Verbraucherzentrale Schleswig-Holstein e.V. abgewehrt: Mit Urteil vom 2.3.2018 (16 HKO 33/17) ist das Landgericht Kiel der Argumentation des Hörgeräte-Herstellers gefolgt und hat die Postaussendung als wettbewerbsrechtlich zulässig eingestuft.


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