GvW Graf von Westphalen Advises New Zealand Company Group on Acquisition of LES MILLS Germany
GvW Graf von Westphalen has advised the New Zealand based Les Mills Group on the acquisition of LES MILLS Germany GmbH. The Les Mills Group which already held a minority participation in the company has become the sole shareholder of LES MILLS Germany GmbH by acquiring the remaining shares from Bonsport Holding GmbH. The company has a subsidiary in Austria.
The Les Mills Group with its headquarters in Auckland is the global market leader for pre-choreographed group fitness programmes which have been distributed to over 14,000 fitness clubs across 80 countries. Les Mills Germany exclusively distributes the fitness programmes of the Les Mills Group in Germany, Austria and German-speaking Switzerland. With the acquisition of LES MILLS Germany GmbH, the Les Mills Group strengthens its presence in the German-speaking market of Europe.
Under the lead of Hamburg based partners Christian Mayer-Gießen and Dr. Ritesh Rajani (both Corporate/M&A), the Les Mills Group was advised by a cross-office team consisting of partners Dr. Frank Tschesche (Tax; Frankfurt) and Dr. Malte Evers (Employment; Hamburg) as well as associates Florian Puschmann (Corporate/M&A), Dr. Christian Triebe (IP/IT), Johan van der Veer (Commercial) and Lutz Leonard Lamprecht (Real Estate; all Hamburg).
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