Coface’s cross-border mergers with its European credit insurance subsidiaries mobilize CMS member firms and their partners in 21 countries

CMS member firms and their partners advised Coface, an expert in commercial risks and a worldwide leader in credit insurance, in its project to merge with its European credit insurance subsidiaries. Coface’s German, Italian and Austrian subsidiaries had branches in eleven countries, primarily in Eastern and Northern Europe (Czech Republic, Bulgaria, Hungary, Poland, Romania, Slovakia, Lithuania, Latvia, Sweden, Denmark and the Netherlands). Following the mergers, Coface now has a total of 21 branches across Europe.

CMS Bureau Francis Lefebvre acted as legal, tax and employment law advisor to Coface in France and coordinated the transactions at the European level, with Laurent Cesbron (corporate/coordination), Benoit Provost (corporate), Lionel Lenczner and Anne-Sophie Rostaing (tax law), Marie-Pierre Schramm, Alain Herrmann and Lydia Hamoudi (employment law) and Laurent Mion (insurance regulations).

CMS Hasche Sigle provided advice in Germany, with Gerd Leutner and Tobias Teicke (corporate/coordination), Jesko Nobiling and Michael Kraus (tax law), Oliver Simon and Martin Gresslin (employment law) and Stefan Segger and Frank Puettgen (insurance and financial regulations).

The advisor in Italy was CMS Adonnino Ascoli & Cavasola Scamoni, with Pietro Cavasola and Matteo Ciminelli (corporate law/insurance regulations/coordination), Giovanni Cali (tax law matters) and Serena Fantinelli and Fabrizio Spagnolo (employment law).

CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH advised in Austria, with Sibylle Novak (corporate/tax law/coordination), Johannes Trenkwalder and Clemens Grossmayer (corporate), Thomas Böhm (insurance regulations) and Ursula Roberts (employment law).

CMS member firms and network partners in the other European countries concerned also advised Coface during the cross-border merger transactions.

For more information, please contact:

• Nicolas Merigeau, NewCap
  nmerigeau@newcap.fr
  +33 1 44 71 94 98
  
• CMS Bureau Francis Lefebvre
  Florence Jouffroy, Marketing & Communication Director
  Laetitia Mostowski, External Communication Manager
  florence.jouffroy@cms-bfl.com, laetitia.mostowski@cms-bfl.com
  +33 1 47 38 40 32 / 40 74