Frankfurt – CMS has provided advice to funds advised by Orlando Management AG on the sale of a majority interest in Munich-based Vivonio Furniture Group (Vivonio) to Equistone Partners Europe (EPE). EPE is taking a 67% shareholding in Vivonio. The previous owners remain invested in the group together with Vivonio's management. The value of the transaction was not disclosed.
An international team of CMS lawyers led by lead partner Dr Heike Wagner provided the funds advised by Orlando with advice on all aspects of the complex transaction.
Furniture manufacturer Vivonio has more than 800 employees and generated total sales of some EUR 200 million in 2011. The Vivonio Group essentially comprises the MAJA Group with production facilities in Wittichenau (Saxony) and Kasendorf in the Oberfranken region, the Staud Group in Bad Saulgau (Baden-Württemberg) and SCIAE in Dienville, France.
Advisers CMS Hasche Sigle
Dr Heike Wagner, Corporate/M&A, Lead Partner
Till Liebau, Corporate/M&A
Dr Katharina Kneisel, Corporate/M&A
Matthias Heilmeier, Corporate/M&A
Dr Claus-Peter Fabian, Corporate/M&A – Legal Fact Book
Peter Hocke, Corporate/M&A – Legal Fact Book
Dr Joachim Dietrich, Private Equity
Dr Thomas Link, Tax
Alexandra Möller, Finance
Dr Helmut Schwarz, State Aid
Advisers CMS DeBacker Luxembourg (Luxembourg)
Julien Leclère, Corporate
Advisers CMS Bureau Francis Lefebvre (Paris, Morocco)
Jean-Robert Bousquet, Corporate
Advisers CMS von Erlach Henrici (Switzerland)
Stefan Brunnschweiler, Corporate